Who has the role of buying goods and paying for services in an economy?
Economist
Consumer
Producer
Analyst
Who has the role of buying goods and paying for services in an economy?
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Who has the role of buying goods and paying for services in an economy?
Economist
Consumer
Producer
Analyst
The correct answer is Consumer.
Consumers are individuals or groups that purchase goods and services for personal use. They play a crucial role in the economy by driving demand, which influences production and the overall economic activity. While producers create goods and services, it is the consumers who buy them and thereby support the market.
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