In a closed economy ________ is not included
In a closed economy ________ is not included.
(a) Households
(b) Firms
(c) Government
(d) Foreign sector
Anurag Pathak Changed status to publish November 18, 2023
Ans – (d)
Explanation:-
A closed Economy means, no business with rest of the world. Thus foreign Sector is not included in Closed Economy.
Closed Economy Consists of
- Households
- Firms
- Government
Anurag Pathak Changed status to publish November 18, 2023
