Economics

Quiz #100

15

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Economics Quiz - 15 Questions
Quiz Information
  • Questions: 15
  • Time Limit: 15 minutes
  • Pass Percentage: 33%
  • Points per Question: 1
  • Bonus Points: 5
  • Negative Marking: No
Sample Questions
  • 1
    If income where to double and prices were to to double the budget line would ?
  • 2
    Refer to Exhibit 4, Suppose that the consumer must choose between buying socks and belts Also suppose that the consumer’s income is €100 A pair of socks is ?
  • 3
    Refer to Exhibit 4, Suppose that the consumer must choose between buying socks and belts Also suppose that the consumer’s income is €100 Suppose that the price of a pair of socks falls from €5 to €2 The substitution effect is represented by the movement from point ?

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