Question
1)Economic growth is: a)the increase in the amount of spending by consumers b)the increase in annual government spending c)the percentage increase in the real GDP
1)Economic growth is:
a)the increase in the amount of spending by consumers
b)the increase in annual government spending
c)the percentage increase in the real GDP
d)the amount of capital consumed in a year
2.The disposal income is Rs. 1000 and C = Rs. 200+0.80Yd. What is consumption?
1 point
a)Rs. 1000
b)Rs. 1100
c)Rs. 800
d)Rs. 900
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Managerial Economics and Business Strategy
Authors: Michael Baye, Jeff Prince
9th edition
9781259896422, 1259290611, 1259896420, 978-1259290619
