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Question Practice

Which of the following is a common misconception about the four sectors of the economy?

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MCQ_SA
CBSE
Class 12
Economics
Introductory Macroeconomics
Introduction
Question Bank

Which of the following is a co...

Single Answer MCQ
Q-00088999

Which of the following is a common misconception about the four sectors of the economy?

1

All sectors are equally important.

2

Only firms produce economic output.

3

Government plays no role in the economy.

4

Households only consume goods.

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