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Which of the Following Would Be an External Measure

question 40

Multiple Choice

Which of the following would be an external measure?


Definitions:

Income

Funds received routinely through work or investing activities.

Income Elasticity

An indicator of the degree to which demand for a product or service shifts following a variation in consumer income.

Housing

The provision of accommodation, typically through buildings or structures where individuals or families live.

Income Increase

A rise in the amount of money earned by an individual or collected by an organization, often measured on a monthly or yearly basis.

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