Question 5

The responsiveness of demand to a change in income is termed:

  • A.income elasticity of demand
  • B.cross elasticity of demand
  • C.price elasticity of demand
  • D.money income index
Objective

Question details

Exam body
IMSU
Subject
Economics
Year
2020/2021 Model
Question no.
#5
Type
Objective

More from this paper

See all Economics 2020/2021 Model questions