Which of the Following Is an Internal Transaction

question 29

Multiple Choice

Which of the following is an internal transaction?

• A) payments of dividend to shareholders
• B) loan to a director
• C) amortisation of goodwill
• D) credit purchase of machinery.

Identify the effects of normal and Giffen goods on consumption patterns.

Understand the substitution and income effects resulting from a change in price.

Apply the concept of a budget line to determine the possible consumption bundles given specific income and prices.

Understand different research designs in psychology and their applications.

---

Definitions:

Family Income

The total amount of money earned by every member of a household, contributing to the household's combined wealth and economic standing.

SAT Scores

Standardized test scores used by colleges and universities in the United States as a part of the admissions process, measuring readiness for college-level work.

Quantitative Portion

The segment of a study or analysis that involves the collection and processing of numerical data.

Ethnic Group

A social category of people who share a common culture, such as a common language or dialect, a common religion, or common norms, practices, and customs.