Employer Definition
View Complete Answer & Explanation
Question (English)
A person who employs somebody and gives them a wage is called:
- Employee
- Employer ✓ Correct
- Consumer
- Producer
Explanation:
Correct Answer Explanation
When you employ somebody and give them a wage, you are an employer.
Key Points:
- Employer pays wages to employees.
- Both employer and employee are gainfully employed.
- Both roles involve economic activity for monetary gain.
Why Other Options Are Wrong
- A (Employee): Receives wages, doesn't pay them.
- C (Consumer): Buys goods.
- D (Producer): Produces goods/services.
📚 About this Topic — CH-1: Introduction
This multiple choice question is from CH-1: Introduction, NCERT Books, Statistics for Economics. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-1: Introduction to strengthen your preparation.
