income, savings, and consumption
Authored by Earl Hilario
Financial Education
9th Grade
Used 5+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
14 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is savings?
Income that a household spends
Income that a household does not spend
Income that a household invests
Income that a household donates
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are assets?
Only financial instruments
Only cash
Cash, property, financial instruments, and jewelry
Only property
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the Bequest motive for savings?
To protect against unexpected events
To invest in property
To leave something behind for heirs
To transfer consumption from the present to the future
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the Consumption Function in macroeconomics?
People who earn more tend to save more
People who earn more tend to spend more
People who earn more tend to donate more
People who earn more tend to invest more
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How can a country allocate its income?
Only for consumption
Only for savings
Between consumption and savings
Only for investment
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When are savings negative according to the text?
At low levels of income
At medium levels of income
At high levels of income
At all levels of income
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the relationship between savings and income?
They are inversely related
They are negatively related
They are positively related
They are not related
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Classlink
Continue with Clever
or continue with
Microsoft
%20(1).png)
Apple
Others
Already have an account?
