
Consumption, Saving & Investment Quiz

Quiz
•
Social Studies
•
University
•
Hard
Ela Bawalan
FREE Resource
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12 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What role do consumption, saving, and investment play in a nation’s economic performance?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What happens to nations that save and invest large fractions of their incomes?
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3.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the largest single component of GDP?
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4.
OPEN ENDED QUESTION
3 mins • 1 pt
What are the major elements of personal consumption expenditure?
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5.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the relationship between income and consumption?
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6.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the break-even point in terms of household income?
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7.
OPEN ENDED QUESTION
3 mins • 1 pt
What does the marginal propensity to consume (MPC) represent?
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