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Income Determination in Closed Economy Interview Questions with Answers PDF p. 21

Income Determination in Closed Economy MCQ questions and answers, income determination in closed economy quiz answers PDF 21 to practice Economics exam questions for online classes. Practice Income Adjustment Mechanism and Synthesis of Automatic Adjustments MCQ questions, income determination in closed economy Multiple Choice Questions (MCQ) for online college degrees. Income Determination in Closed Economy Interview Questions PDF: what are costs?, price elasticity of supply and it's determinants, income determination in closed economy test prep for online BBA business administration.

"The type of investment that accounts both raw and finished items is known as" MCQ PDF with choices foreign investment, direct investment, planned investment, and inventory investment for online schools for business management degrees. Learn income adjustment mechanism and synthesis of automatic adjustments questions and answers to improve problem solving skills for online business administration and management degree.

Trivia Quiz on Income Determination in Closed Economy MCQs

MCQ: The type of investment that accounts both raw and finished items is known as

direct investment
foreign investment
planned investment
inventory investment

MCQ: A case of elasticity that is either be equal to unity or greater than unity or less and vice versa is known as

elasticity of demand
inelasticity of demand
elasticity of supply
inelasticity of supply

MCQ: Most of the production functions do not have straight lines and are

positive increasing
positive decreasing
negative decreasing
curved

MCQ: The type of industry where a single firm is able to supply a product or service at a lower cost as compare to the other firms prevailing in the market is known as

natural monopoly
monopoly resources
oligopoly
price leadership

MCQ: The proportion of an aggregate raise in pay that a consumer spends on the consumption of goods and services, as opposed to saving it is known as

marginal propensity to save
investment function
marginal propensity to consume
saving function