| 1 |
Methods for measurement of national income are: |
- A. Two
- B. Three
- C. Four
- D. Five
|
| 2 |
During depression |
- A. Employment increases
- B. Prices decrease
- C. Profit increases
- D. Prices increase
|
| 3 |
If we deduct depreciation from GNP, we get: |
- A. P.I
- B. G.D.P
- C. D.P.I
- D. N.N.P
|
| 4 |
In which phase of a trade cycle level of employment and income become very low |
- A. Depression
- B. Recovery
- C. Boom
- D. Recession
|
| 5 |
Subsidies means: |
- A. Relief price to consumers
- B. Relief in price to Producers
- C. Surplus budget
- D. Both a and b
|
| 6 |
Over investment theory is presented by |
- A. Pigou
- B. Hawtray
- C. Hayek, Mises and Cassel
- D. Prof Jugglar
|
| 7 |
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
|
| 8 |
During the phase of recession prices of goods |
- A. Start rising
- B. Start falling
- C. are highest
- D. are lowest
|
| 9 |
Economy gets prosperity during |
- A. Recession
- B. Depression
- C. Boom
- D. Recovery
|
| 10 |
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
|
