Economics

What do you call to the payment for the use of land?

• rent

• spending

• income

• capital

It refers to income less spending.

• taxes

• capital

• savings

• investments

It is building up the capital stock for more future production and consumption.

• interest rate

• investments

• income

• capital

It can be classified as machineries, equipment, buildings and construction.

• spending

• savings

• capital

• assets

It refers to the lowest wage permitted by law below which if paid by employer will subject him to penalty from the government.

• minimum wage

• maximum salary

• maximum wage

• minimum salary

Payment for public goods and services by citizens.

• savings

• debt

• tax

• capital

It is consumed to fuel day to day expenditures.

• debt

• spending

• capital

• investments

It is the rate of conversion of the Philippine peso to a foreign currency such as the US dollar.

• foreign dollar exchange rate

• foreign exchange rate

• domestic peso exchange rate

• domestic exchange rate

It is the amount of interest due per period, as a proportion of the amount lent, deposited or borrowed.

• investment rate

• accrued interest

• interest rate

• compound interest

A person who takes the risks that is necessary to seek new business opportunities and develop new ways of doing things.

• inventor

• scientist

• entrepreneur

• government