PROPENSITIES TO CONSUMER & SAVE
Authored by JONES OLUWATOSIN
Fun, Social Studies
10th Grade - Professional Development
Used 2+ times
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50 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 5 pts
Consumption increase as income increases.
true
false
2.
MULTIPLE CHOICE QUESTION
20 sec • 5 pts
People tend to save more as their income decrease
true
false
3.
MULTIPLE CHOICE QUESTION
20 sec • 5 pts
Savings refer to the portion of income that is not spent.
true
false
4.
MULTIPLE CHOICE QUESTION
20 sec • 5 pts
The aim of investment is to keep the value of money.
true
false
5.
MULTIPLE CHOICE QUESTION
20 sec • 5 pts
Microeconomics refers to government spending and savings.
true
false
6.
MULTIPLE CHOICE QUESTION
20 sec • 5 pts
Households sell labour to businesses.
true
false
7.
MULTIPLE CHOICE QUESTION
20 sec • 5 pts
Firms sell goods and services to households.
true
false
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