AD
Authored by Jamie Thorns
Business, Other
1st - 3rd Grade
Used 8+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does AD stand for
market demand
effective demand
total demand
consumer demand
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the formula for AD?
C-G+X-M
C+T+G+X+M
C-G-I-X-M
C+I+G+X-M
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not a significant factor affecting consumer spending?
interest rates
consumer confidence
house prices
export demand
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When consumer spending rises due to an increase in house prices we call this a........
income effect
demand effect
substitution effect
wealth effect
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What do we mean by the accelerator effect?
a change in income leads to an insignificant change in investment
a change in income leads to a more than proportional change in investment
a change in investment leads to a more than proportional change in income
a change in income leads to a more than proportional change in GDP
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the formula for net investment?
gross + depreciation
new - old
gross - depreciation
gross - inflation
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the approx % of AD taken up by consumer spending in the UK?
40%
6%
63%
80%
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