Question
Which are the two sector closed economy?
Answer
The two sectors in a closed economy are Household Sector and Business Sector.
- Q: What is a two sector closed economy? A: A two sector closed economy is an economy which has only two sectors- Household Sector and Business Sector.
- Q:What are the two sectors in a closed economy? A: The two sectors in a closed economy are Household Sector and Business Sector.