| 1 |
The innovation theory of trade cycles was presented by |
- A. Hayek
- B. Hawtray
- C. Schumpeter
- D. Pigou
|
| 2 |
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
|
| 3 |
If we deduct foreign income from GNP, we get: |
- A. N.N.P
- B. G.D.P
- C. D.P.I
- D. P.I
|
| 4 |
"A trade cycle is completed in three years four months" This is stated by |
- A. Prof Kitchen
- B. Prof Jugglar
- C. Prof Jevons
- D. Prof Pigou
|
| 5 |
If we deduct depreciation from GNP, we get: |
- A. P.I
- B. G.D.P
- C. D.P.I
- D. N.N.P
|
| 6 |
Monetary theory of Trade cycle is presented by |
- A. Prof Hawtrey and Friedman
- B. Prof Keynes
- C. Prof Hobson
- D. Prof Kitchen
|
| 7 |
Direct taxes are not included in: |
- A. Personal income
- B. G.N.P
- C. G.D.P
- D. Disposable personal income
|
| 8 |
National income is measured for: |
- A. One year
- B. Two years
- C. Three years
- D. Four years
|
| 9 |
Economy gets prosperity during |
- A. Recession
- B. Depression
- C. Boom
- D. Recovery
|
| 10 |
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
|
