Nicholas Kaldor Argued

question 10

Multiple Choice

Nicholas Kaldor argued:

• A)consumption is a better index of the ability to pay than income.
• B)savings entails sacrifice and results in no increase in well-being.
• C)consumption provides little personal satisfaction and should be taxed for that reason.
• D)both (a) and (b) are correct.

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Definitions:

Mass Number

The total number of protons and neutrons in the nucleus of an atom, representing the atom's mass.

Electronegativity

A chemical property that describes the tendency of an atom to attract a shared pair of electrons towards itself in a covalent bond.

Polarity

A property of having distinct and opposite ends or sides, often seen in molecules with uneven distribution of charges.

Third Energy Level

The third energy level in an atom is the third shell that surrounds the nucleus, where electrons can be found.