KayBrown768 KayBrown768

19-05-2024
Business

Answered

1.
The three participants in a closed economy are:
A.
Government, foreign sector, businesses.
B. Government, foreign sector, households.
C.
Businesses, households, foreign sector.
D.
Government, businesses, households.

Answer :

GinnyAnswer GinnyAnswer

19-05-2024

Final answer:

The three participants in a closed economy are households, businesses, and the government.

Explanation:

The three participants in a closed economy are households, businesses, and the government. In a closed economy, these three sectors interact through the circular flow model. The foreign sector does not participate in the three sectors of a closed economy as it deals with international flows of goods, services, and financial assets.

Learn more about Closed Economy Sectors here:

https://brainly.com/question/30088942

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