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

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11th Principle of Economics Chapter 11 Test

This online test contains MCQs about following topics:

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

Try the Principles of Economics Icom Part 1 English Medium Chapter 11 Online Test.

  • Total Questions15

  • Time Allowed20

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

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Question # 1

National income is measured for:

Question # 2

If we deduct direct taxes from personal income, we get:

Question # 3

Innovation theory is presented by

Question # 4

Theory of sun-spot was presented by

Question # 5

Psychological theory of trade cycles is presented by

Question # 6

The income which a person can use according to his will called:

Question # 7

In which phase of a trade cycle level of employment and income become very low

Question # 8

Which phase starts with the increase in expected rate of profit

Question # 9

If we deduct foreign income from GNP, we get:

Question # 10

Direct taxes are not included in:

Question # 11

The innovation theory of trade cycles was presented by

Question # 12

Economy gets prosperity during

Question # 13

Market value of all final goods and services is known as:

Question # 14

Under consumption or over saving theory is presented by

Question # 15

During the phase of recovery prices, wages, interest rate and profits

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Prepare All Principles of Economics Icom Part 1 English Medium Chapter 11 Online Test MCQs With Answers


. 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

Here you can prepare 11th Principle of Economics English Medium Chapter 11 Business Cycle Test. Click the button for 100% free full practice test.

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