Demand Drivers MCQ Quiz

Demand Drivers MCQ Quiz

University

61 Qs

quiz-placeholder

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Demand Drivers MCQ Quiz

Demand Drivers MCQ Quiz

Assessment

Quiz

Business

University

Practice Problem

Hard

Created by

Leblanc Leblanc

Used 1+ times

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61 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the four components of demand as derived from the Keynesian equation of GDP?

Consumption, Imports, Savings, Investment

Consumption, Investment, Government Spending, Net Exports

Savings, Government Spending, Imports, Exports

Investment, Consumption, Trade Deficit, Government Revenue

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In industrial markets, which component of demand is the most significant?

Consumption

Investment

Government Spending

Net Exports

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What reflects trade balance and competitiveness?

Consumption

Investment

Net Exports

Government Spending

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary focus of consumer goods markets?

Government Spending

Investment

Consumption

Net Exports

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is NOT a condition for effective demand to materialize?

Desire for goods/services

Willingness to save

Ability to pay

Willingness to spend

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What can influence the willingness to spend?

Psychological confidence

Access to credit

Trade deficits

Cultural diversity

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What reflects the 'ability to pay' condition?

Economic confidence

Disposable income or access to credit

Consumer preferences

Market competitiveness

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