Directions How to Answer

Aptitude Test Topic: Economics

This section is comprised of MCQs on Economics.

Directions

The following are questions on Economics. Select the correct option to represent your answer.

To give the answer click/tap the option alphabet for your answer choice. for correct answer green check and for wrong answer a red cross will appear along with a button to show explanation with or without video of the question answer.

Economics: All Topics Practice MCQ

Question Statement:

Investment and savings are kept equal through a change in the level of

Consumption

Investment

Government expenditure

Income

Explanation:

Correct Answer: A

Sol. Desired savings are kept equal to desired investment by responses to interest rate changes. Savings identity or the savings investment identity is a concept in National Income Accounting stating that the amount saved (S) in an economy will be amount invested (I).

Question: 6 Test: 4 of 5 Next Test

Tests

You are taking Aptitude Test No. 4

Each aptitude test is comprised of 10 except the last test which might have fewer than 10 in some topics.

You are at question (MCQ) number 6 and Test Number 4 of Economics: All topics. To deal with Economics questions, you must take lesson on the subject. In case of science and Art subjects revise your text books and in case of general aptitude topics take lessons from the topic page.

The question: Investment and savings are kept equal through a change in the level of .... with options: Consumption, Investment, Government expenditure, Income can be solved with the concepts and understanding of Economics.