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 Income received without any economic services:
  • A. National Income
  • B. Transfer payments
  • C. Interest
  • D. Profit
2 According to Prof. Kitchen a trade cycle completes in
  • A. Two years six months
  • B. Three years or Fifty years
  • C. Fifty years or Sixty years
  • D. Sixty years or Seventy years
3 National income is measured for:
  • A. One year
  • B. Two years
  • C. Three years
  • D. Four years
4 Monetary theory of Trade cycle is presented by
  • A. Prof Hawtrey and Friedman
  • B. Prof Keynes
  • C. Prof Hobson
  • D. Prof Kitchen
5 Under consumption or over saving theory is presented by
  • A. Prof Hobson, Foster and Catchings
  • B. Prof Hawtrey
  • C. Prof Keynes
  • D. Prof Jevons
6 One of the following is not include in national income:
  • A. Transfer payments
  • B. Depreciation
  • C. Wages
  • D. Both a and b
7 "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
8 Psychological theory of trade cycles is presented by
  • A. Prof Jevons
  • B. Prof Pigou and Bagehot
  • C. Prof Keynes
  • D. Prof Hawtrey
9 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
10 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

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