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Match the Descriptor with the Correct Abbreviation

question 112

Multiple Choice

Match the descriptor with the correct abbreviation. Not all descriptors may have answers.
-MDS 2.0


Definitions:

Consumption

The act of consuming goods and services either by individuals or society as a whole, central to economic analysis of demand and spending.

Income

The money received, usually on a regular basis, for work or through investments.

Interest Rate

The segment of a loan levied as interest upon the borrower, customarily indicated as an annual proportion of the loan yet to be repaid.

Utility Function

A representation in economics that expresses the preference ordering of various utility levels or consumption bundles by individuals or firms.

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