| 1 |
Transfer payment means: |
- A. Rent transfer
- B. Wages transfer
- C. Reward without services
- D. Profit transfer
|
| 2 |
Phases of a trade cycle are |
- A. Two
- B. Three
- C. Four
- D. Five
|
| 3 |
Which phase starts with the increase in expected rate of profit |
- A. Depression
- B. Recovery
- C. Boom
- D. Recession
|
| 4 |
During boom |
- A. Business contracts
- B. Unemployment increase
- C. Profit decreases
- D. Profit increases
|
| 5 |
National Income is also known as: |
- A. National product
- B. Total expenditure
- C. Total population
- D. Both a and b
|
| 6 |
According to Prof. Jugglar a trade cycle comletes in |
- A. Five to six years
- B. Nine to ten years
- C. Ten to eleven years
- D. Eleven to twelve years
|
| 7 |
National income is measured for: |
- A. One year
- B. Two years
- C. Three years
- D. Four years
|
| 8 |
Methods for measurement of national income are: |
- A. Two
- B. Three
- C. Four
- D. Five
|
| 9 |
One of the following is not include in national income: |
- A. Transfer payments
- B. Depreciation
- C. Wages
- D. Both a and b
|
| 10 |
Income received without any economic services: |
- A. National Income
- B. Transfer payments
- C. Interest
- D. Profit
|
