Question 2
What are the roles that the Government plays in the economic circular flow model?
Producer and Consumer
Moderator and Participant
Both Producer and Consumer & Moderator and Participant
None of these
What are the roles that the Government plays in the economic circular flow model?
Producer and Consumer
Moderator and Participant
Both Producer and Consumer & Moderator and Participant
None of these
Correct answer
Both Producer and Consumer & Moderator and Participant
Question 2 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.