How is a worker is a economic agent
Dear Student,
Economic agent is a person, company, or organisation that has an influence on the economy by their activities such as producing, buying, or selling. Four major economic agents are households/individuals, firms, governments, and central banks.
Worker is a economic agent as increased employee earnings leads to a higher rate of consumer spending, which benefits other businesses who depend on consumer sales to stay open and pay vendors
Regards
Economic agent is a person, company, or organisation that has an influence on the economy by their activities such as producing, buying, or selling. Four major economic agents are households/individuals, firms, governments, and central banks.
Worker is a economic agent as increased employee earnings leads to a higher rate of consumer spending, which benefits other businesses who depend on consumer sales to stay open and pay vendors
Regards
