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Income Determination in Closed Economy Quiz Questions and Answers PDF p. 52

Income Determination in Closed Economy quiz questions and answers, income determination in closed economy MCQs with answers PDF 52 to solve Economics mock tests for online college programs. Solve Income Adjustment Mechanism and Synthesis of Automatic Adjustments trivia questions, income determination in closed economy Multiple Choice Questions (MCQ) for online college degrees. Income Determination in Closed Economy Interview Questions PDF: economies of scale and international trade, partial equilibrium analysis, measurement of inequality, motives for international capital flows, income determination in closed economy test prep for online BBA business administration.

"The proportion of an aggregate raise in pay that a consumer spends on saving rather than on the consumption of goods and services is known as" MCQ PDF with choices investment function, marginal propensity to save, marginal propensity to consume, and saving function for online schools for business management degrees. Practice income adjustment mechanism and synthesis of automatic adjustments questions and answers to improve problem solving skills for online business administration and management degree.

Quiz on Income Determination in Closed Economy MCQs

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

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

MCQ: The concept that refers to the exchange of similar products belonging to the same industry is known as

interfirm trade
intrafirm trade
gravity theory of trade
trade integration

MCQ: The difference found in various measures of?economic?well-being among individuals in a group, among groups in a population, or among countries is known as

capital inequality
economic inequality
poverty
economic inefficiency

MCQ: The concept that is basically a financial asset in a form of donation made to a non-profit group, institution or individual consisting of investment funds that may or may not have a stated purpose at the bequest of donor is known as

charity
aid
endowment
rent

MCQ: The concept that relates to the cost per unit depends on the size of an individual firm but not necessarily on that of the industry is known as

internal economies of scale
diseconomies of scale
economies of scale
external economies of scale