Question : The multiplier effect refers to the:

Option 1: Increase in consumption due to an increase in income
  

Option 2: Increase in investment due to an increase in consumption
    

Option 3: Increase in income due to an increase in investment

Option 4: Increase in income due to an initial change in spending

Question : Which of the following is a characteristic of Substance Use Disorders?

Option 1: Excessive use of substances leading to significant impairment

Option 2: Frequent mood swings

Option 3: Obsessive need for cleanliness

Option 4: Fear of social situations

Question : What will be the effect on inferior commodities when the income of the consumers rises?

Option 1: Negative effect

Option 2: Positive effect 

Option 3: No effect

Option 4: First increase then decrease 

Question : The wealth effect suggests that an increase in the price level leads to:

Option 1: A decrease in consumption expenditure
 

Option 2: An increase in consumption expenditure
 

Option 3: A decrease in investment expenditure

Option 4: An increase in investment expenditure

Question : The concept of the multiplier effect suggests that an increase in:

Option 1: Investment expenditure leads to a larger increase in real GDP
    

Option 2: Consumption expenditure leads to a larger increase in real GDP
  

Option 3: Government expenditure leads to a larger increase in real GDP

Option 4: Net exports leads to a larger increase in real GDP