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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
In which phase of a trade cycle level of employment and income become very low
Question # 2
Direct taxes are not included in:
Question # 3
"A trade cycle is completed in three years four months" This is stated by
Question # 4
Which phase starts with the increase in expected rate of profit
Question # 5
Theory of sun-spot was presented by
Question # 6
According to which economist, duration of a trade cycle is 9 to 10 years
Question # 7
In Macro economies the vital role is played by:
Question # 8
The income which a person can use according to his will called:
Question # 9
One of the following is not include in national income:
Question # 10
Innovation theory is presented by
Question # 11
Methods for measurement of national income are:
Question # 12
According to Prof. Jugglar a trade cycle comletes in
Question # 13
Monetary theory of Trade cycle is presented by
Question # 14
In which phase of a trade cycle national product, wages, prices and profits reach at their peak
Question # 15
Under consumption or over saving theory is presented 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.
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J Jaweria Faraz 11 - Jul - 2024 02 Min 51 Sec 9/15 -
A Alishba Mumtaz 05 - May - 2024 03 Min 03 Sec 9/15
ICom Part 1 Principles of Economics ( English Medium) Chapter 11 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | According to which economist, duration of a trade cycle is 9 to 10 years |
A. Prof Kitchen
B. Prof Jugglar
C. Prof Pigou
D. Prof Kondratieff
|
| 2 | Depreciation means: |
A. Wear and Tear
B. Reduction in value
C. Decrease in value
D. All of these
|
| 3 | During the phase of boom level of income and employment is |
A. Increasing
B. Decreasing
C. Highest
D. Lowest
|
| 4 | If we deduct depreciation from GNP, we get: |
A. P.I
B. G.D.P
C. D.P.I
D. N.N.P
|
| 5 | 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
|
| 6 | Over investment theory is presented by |
A. Pigou
B. Hawtray
C. Hayek, Mises and Cassel
D. Prof Jugglar
|
| 7 | During depression, increases |
A. Unemployment
B. Employment
C. Profit
D. Production
|
| 8 | Which phase starts with the increase in expected rate of profit |
A. Depression
B. Recovery
C. Boom
D. Recession
|
| 9 | The innovation theory of trade cycles was presented by |
A. Hayek
B. Hawtray
C. Schumpeter
D. Pigou
|
| 10 | Innovation theory is presented by |
A. Prof Kegnes
B. Prof Schumpeter
C. Prof Hicks
D. Prof Foster
|
Test Questions
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