Examlex

Solved

Which of the Following Is Not a Correct Name-Symbol Combination

question 38

Multiple Choice

Which of the following is not a correct name-symbol combination? ​


Definitions:

Consumption

Families or individuals partaking in the use of goods and services.

Interest Rate

The percentage of a sum of money charged for its use, often expressed on an annual basis.

Income

The financial benefit achieved regularly through employment or committing capital.

Utility Function

A mathematical representation in economics that assigns a value to each possible choice or bundle of goods to reflect the satisfaction or happiness a consumer derives from it.

Related Questions