Consumption, Saving & Investment Quiz

Consumption, Saving & Investment Quiz

Assessment

Quiz

Social Studies

University

Hard

Created by

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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OFF

7.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the marginal propensity to consume (MPC) represent?

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OFF

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