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This online test contains MCQs about following topics:
. Phase of trade cycle . Main characteristics of trade cycles . Theories of trade cycles . Psychological theory . Under consumption or over saving theory . Monetary theory . Keynes theory . Modern theory of trade cycle . Remedial measuers
ICOM Part 1 Economics Ch 11 Test
ICOM Part 1 English Medium Subjects
ICOM Part 1 Urdu Medium Subjects
MCQ's Test For Chapter 11 "Principles of Economics Icom Part 1 English Medium Chapter 11 Online Test"
Try The MCQ's Test For Chapter 11 "Principles of Economics Icom Part 1 English Medium Chapter 11 Online Test"
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Total Questions15
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Time Allowed20
Principles of Economics Icom Part 1 English Medium Chapter 11 Online Test
00:00
Question # 1
Theory of sun-spot was presented by
Question # 2
Monetary theory of Trade cycle is presented by
Question # 3
Methods for measurement of national income are:
Question # 4
During the phase of recession prices of goods
Question # 5
One of the following is not include in national income:
Question # 6
The period in which an economy comes back from prosperity to depression is called
Question # 7
The innovation theory of trade cycles was presented by
Question # 8
"A trade cycle is completed in three years four months" This is stated by
Question # 9
According to which economist, duration of a trade cycle is 9 to 10 years
Question # 10
"A trade cycle is fluctuation in employment, production and prices" This definition of Trade cycle is stated by
Question # 11
Subsidies means:
Question # 12
National income is measured for:
Question # 13
In which phase of a trade cycle level of employment and income become very low
Question # 14
Net foreign income means:
Question # 15
In Macro economies the vital role is played by:
11th Principle of Economics Chapter 11 Test
Here you can prepare 11th Principle of Economics English Medium Chapter 11 Business Cycle Test. Click the button for 100% free full practice test.
Top Scorers Of Chapter 11 "Principles of Economics Icom Part 1 English Medium Chapter 11 Online Test" MCQ`s Test
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S Subtain Ahmed Raza 22 - Jul - 2023 02 Min 12 Sec 14/15 -
A Aiman 12 - May - 2018 03 Min 11 Sec 14/15 -
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A Ali hamza 25 - Dec - 2018 01 Min 44 Sec 9/15 -
J Jaweria Faraz 11 - Jul - 2024 02 Min 51 Sec 9/15
ICom Part 1 Principles of Economics ( English Medium) Chapter 11 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Methods for measurement of national income are: |
A. Two
B. Three
C. Four
D. Five
|
| 2 | Psychological theory of trade cycles is presented by |
A. Prof Jevons
B. Prof Pigou and Bagehot
C. Prof Keynes
D. Prof Hawtrey
|
| 3 | "A trade cycle is completed in three years four months" This is stated by |
A. Prof Kitchen
B. Prof Jugglar
C. Prof Jevons
D. Prof Pigou
|
| 4 | According to Prof. Kitchen a trade cycle completes in |
A. Two years six months
B. Three years or Fifty years
C. Fifty years or Sixty years
D. Sixty years or Seventy years
|
| 5 | The income which a person can use according to his will called: |
A. Net income
B. Per capital income
C. Personal income
D. Disposable personal income
|
| 6 | The period in which an economy comes back from prosperity to depression is called |
A. Recovery
B. Recession
C. Boom
D. Depression
|
| 7 | In which phase of a trade cycle national product, wages, prices and profits reach at their peak |
A. Recovery
B. Boom
C. Recession
D. Depression
|
| 8 | Theory of sun-spot was presented by |
A. Prof Jevons and Henry L, Moor
B. Prof Pigou and begehot
C. Prof Hobson
D. Prof Cassel
|
| 9 | During depression |
A. Employment increases
B. Prices decrease
C. Profit increases
D. Prices increase
|
| 10 | Which phase starts with the increase in expected rate of profit |
A. Depression
B. Recovery
C. Boom
D. Recession
|
Test Questions
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