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Income Determination in Closed Economy Questions and Answers PDF Download 21

Practice Income Determination in Closed Economy trivia questions and answers, income determination in closed economy quiz answers PDF to solve economics mock test 21 for online degrees. Practice Income Adjustment Mechanism and Synthesis of Automatic Adjustments trivia questions and answers, income determination in closed economy multiple choice Questions and Answers (MCQ) to solve income determination in closed economy test with answers for online university degrees. Free income determination in closed economy MCQs, 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", income determination in closed economy Multiple Choice Questions (MCQ) with choices foreign investment, direct investment, planned investment, and inventory investment for online economics degree courses. Learn income adjustment mechanism and synthesis of automatic adjustments questions and answers with free online certification courses for online business administration and management degree.

Trivia Quiz on Income Determination in Closed Economy PDF Download 21

Income Determination in Closed Economy Quiz

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

  1. direct investment
  2. foreign investment
  3. planned investment
  4. inventory investment

D

Price Elasticity of Supply & It's Determinants Quiz

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

  1. elasticity of demand
  2. inelasticity of demand
  3. elasticity of supply
  4. inelasticity of supply

C

What are Costs? Quiz

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

  1. positive increasing
  2. positive decreasing
  3. negative decreasing
  4. curved

B

Why Monopoly Arise? Quiz

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

  1. natural monopoly
  2. monopoly resources
  3. oligopoly
  4. price leadership

A

Income Determination in Closed Economy Quiz

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

  1. marginal propensity to save
  2. investment function
  3. marginal propensity to consume
  4. saving function

C