| 1 |
Psychological theory of trade cycles is presented by |
- A. Prof Jevons
- B. Prof Pigou and Bagehot
- C. Prof Keynes
- D. Prof Hawtrey
|
| 2 |
The period in which an economy comes back from prosperity to depression is called |
- A. Recovery
- B. Recession
- C. Boom
- D. Depression
|
| 3 |
Subsidies means: |
- A. Relief price to consumers
- B. Relief in price to Producers
- C. Surplus budget
- D. Both a and b
|
| 4 |
The innovation theory of trade cycles was presented by |
- A. Hayek
- B. Hawtray
- C. Schumpeter
- D. Pigou
|
| 5 |
During the phase of recovery prices, wages, interest rate and profits |
- A. Start falling gradually
- B. Start rising gradually
- C. are highest
- D. are lowest
|
| 6 |
In Macro economies the vital role is played by: |
- A. Marshall
- B. J.R.Hicks
- C. Robbins
- D. Keynes
|
| 7 |
During depression, increases |
- A. Unemployment
- B. Employment
- C. Profit
- D. Production
|
| 8 |
Monetary theory of Trade cycle is presented by |
- A. Prof Hawtrey and Friedman
- B. Prof Keynes
- C. Prof Hobson
- D. Prof Kitchen
|
| 9 |
Methods for measurement of national income are: |
- A. Two
- B. Three
- C. Four
- D. Five
|
| 10 |
If we deduct depreciation from GNP, we get: |
- A. P.I
- B. G.D.P
- C. D.P.I
- D. N.N.P
|
