In an economy, who primarily has the role of buying goods and paying for services?

• A. Producers
• B. Banks
• C. Government
• D. Consumers

Answer: (D)

Verified step by step guidance

1. Understand the roles of different economic agents: Producers create goods and services, banks facilitate financial transactions, and the government regulates and provides public services.
2. Identify the agent responsible for purchasing goods and services in the economy, which involves spending money to acquire these products.
3. Recognize that consumers are the individuals or households who use their income to buy goods and services for personal use.
4. Distinguish consumers from producers, banks, and government by focusing on who actually pays for and consumes the goods and services.
5. Conclude that consumers primarily have the role of buying goods and paying for services in an economy.