| 1 |
According to which economist some trade cycles complete their cycle during a period of fifty years or sixty years |
- A. Prof Kitchen
- B. Prof Jugglar
- C. Prof Pigou
- D. Prof Kondratieff
|
| 2 |
Theory of sun-spot was presented by |
- A. Prof Jevons and Henry L, Moor
- B. Prof Pigou and begehot
- C. Prof Hobson
- D. Prof Cassel
|
| 3 |
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
|
| 4 |
During the phase of boom level of income and employment is |
- A. Increasing
- B. Decreasing
- C. Highest
- D. Lowest
|
| 5 |
If we deduct direct taxes from personal income, we get: |
- A. NNP
- B. GDP
- C. DPI
- D. PI
|
| 6 |
National income at factor cost is equal to: |
- A. G.N.P - Subsidies + taxes
- B. N.N.P - Direct tax + Subsidies
- C. G.D.P - Subsidies + taxes
- D. N.N.P - Indirect tax + Subsidies
|
| 7 |
During recession demand for factors of production is |
- A. More
- B. Limited
- C. Very low
- D. Too much
|
| 8 |
Economy gets prosperity during |
- A. Recession
- B. Depression
- C. Boom
- D. Recovery
|
| 9 |
National income is measured for: |
- A. One year
- B. Two years
- C. Three years
- D. Four years
|
| 10 |
Equilibrium level of national income means that point where: |
- A. Consumption = Saving
- B. Consumption = Investment
- C. Saving = Investment
- D. Income = Saving + Investment
|
