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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.

First Year Principles of Economics Chapter 11 Online MCQ Test for 1st Year Principles of Economics Chapter 11 (Business Cycle)

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
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First Year Principles of Economics Chapter 11 Online MCQ Test for 1st Year Principles of Economics Chapter 11 (Business Cycle)

Sr. # Questions Answers Choice
1 Transfer payment means:
  • A. Rent transfer
  • B. Wages transfer
  • C. Reward without services
  • D. Profit transfer
2 Over investment theory is presented by
  • A. Pigou
  • B. Hawtray
  • C. Hayek, Mises and Cassel
  • D. Prof Jugglar
3 Market value of all final goods and services is known as:
  • A. N.I
  • B. G.N.P
  • C. N.N.P
  • D. Both a and b
4 If we deduct direct taxes from personal income, we get:
  • A. NNP
  • B. GDP
  • C. DPI
  • D. PI
5 Methods for measurement of national income are:
  • A. Two
  • B. Three
  • C. Four
  • D. Five
6 National Income is also known as:
  • A. National product
  • B. Total expenditure
  • C. Total population
  • D. Both a and b
7 During boom
  • A. Business contracts
  • B. Unemployment increase
  • C. Profit decreases
  • D. Profit increases
8 Phases of a trade cycle are
  • A. Two
  • B. Three
  • C. Four
  • D. Five
9 The income which a person can use according to his will called:
  • A. Net income
  • B. Per capital income
  • C. Personal income
  • D. Disposable personal income
10 National income is measured for:
  • A. One year
  • B. Two years
  • C. Three years
  • D. Four years

Top Scorers of Principles of Economics Icom Part 1 English Medium Chapter 11 Online Test

M

Minahil Asif

Lahore03 - Jun - 2024

14/15
01 Mins
M

Muhammad Kashif Shakoor

Dera Ghazi Khan14 - Jun - 2024

10/15
02 Mins 38 Sec
M

Minahil Asif

Lahore03 - Jun - 2024

9/15
01 Mins 55 Sec
J

Jaweria Faraz

Lahore11 - Jul - 2024

9/15
02 Mins 51 Sec
J

Jaweria Faraz

Lahore11 - Jul - 2024

9/15
02 Mins 51 Sec
A

Alishba Mumtaz

Lahore05 - May - 2024

9/15
03 Mins 03 Sec
A

Alishba Mumtaz

Lahore05 - May - 2024

8/15
02 Mins 11 Sec
J

Jaweria Faraz

Lahore11 - Jul - 2024

8/15
02 Mins 51 Sec
J

Jaweria Faraz

Lahore11 - Jul - 2024

8/15
02 Mins 51 Sec
J

Jaweria Faraz

Lahore11 - Jul - 2024

8/15
02 Mins 51 Sec

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