Question 1
In the economic flow, what role do households typically play?
Suppliers of capital
Producers of goods
Consumers of goods and services
Regulators of the economy
In the economic flow, what role do households typically play?
Suppliers of capital
Producers of goods
Consumers of goods and services
Regulators of the economy
Correct answer
Consumers of goods and services
Question 1 of 23 in the IIT Madras BS Business Data Management (BDM) End Term paper sat on 1 Sept 2024, in the May 2024 term (IIT M FOUNDATION DIPLOMA FN EXAM QDF1 01 Sep 2024). It carries 1 mark.