| 1 |
During boom |
- A. Business contracts
- B. Unemployment increase
- C. Profit decreases
- D. Profit increases
|
| 2 |
National Income is also known as: |
- A. National product
- B. Total expenditure
- C. Total population
- D. Both a and b
|
| 3 |
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
|
| 4 |
Methods for measurement of national income are: |
- A. Two
- B. Three
- C. Four
- D. Five
|
| 5 |
During depression |
- A. Employment increases
- B. Prices decrease
- C. Profit increases
- D. Prices increase
|
| 6 |
Economy gets prosperity during |
- A. Recession
- B. Depression
- C. Boom
- D. Recovery
|
| 7 |
During recession demand for factors of production is |
- A. More
- B. Limited
- C. Very low
- D. Too much
|
| 8 |
Innovation theory is presented by |
- A. Prof Kegnes
- B. Prof Schumpeter
- C. Prof Hicks
- D. Prof Foster
|
| 9 |
One of the following is not include in national income: |
- A. Transfer payments
- B. Depreciation
- C. Wages
- D. Both a and b
|
| 10 |
If we deduct depreciation from GNP, we get: |
- A. P.I
- B. G.D.P
- C. D.P.I
- D. N.N.P
|
