The Market System

The total of all consumers in the economy is known as?

• Financial Sector

• Business Sector

• Household Sector

• Government Sector

The total of all producers in the economy is known as?

• Financial Sector

• Business Sector

• Household Sector

• Government Sector

Banks and other financial intermediaries are a part of which sector?

• Financial Sector

• Business Sector

• Household Sector

• Government Sector

Taxes and rates are a part of which sector?

• Financial Sector

• Business Sector

• Household Sector

• Government Sector

The definition of a consumer is?

• Some who makes/sells goods and services.

• Some who buys/uses goods and services.

• A product that is created to be sold.

• Something someone does for you.

The definition of a good is?

• Some who makes/sells goods and services.

• Some who buys/uses goods and services.

• A product that is created to be sold.

• Something someone does for you.

The definition of a producer is?

• Some who makes/sells goods and services.

• Some who buys/uses goods and services.

• A product that is created to be sold.

• Something someone does for you.

The definition of a service is?

• Some who makes/sells goods and services.

• Some who buys/uses goods and services.

• A product that is created to be sold.

• Something someone does for you.

Bringing goods in from overseas.

• Labour

• Investment

• Export

• Import

Selling goods to countries overseas.

• Labour

• Investment

• Export

• Import