Question :
Which of the following is an example of an economic environment?
Option 1: Money supply in economy
Option 2: Constitution of the country
Option 3: Life expectancy
Option 4: Population shifts
Answer (1)
25th Jan, 2024
Correct Answer: Money supply in economy
Solution : The phrase "economic environment" refers to any external economic variables that impact enterprises' and consumers' purchasing decisions and, in turn, have an impact on a company's performance. Hence, money supply in the economy is an example of the economic environment.
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