| 1 |
Methods for measurement of national income are: |
- A. Two
- B. Three
- C. Four
- D. Five
|
| 2 |
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
|
| 3 |
Net foreign income means: |
- A. Import - Exports
- B. Exports - Imports
- C. Import + Exports
- D. Income from imports
|
| 4 |
Over investment theory is presented by |
- A. Pigou
- B. Hawtray
- C. Hayek, Mises and Cassel
- D. Prof Jugglar
|
| 5 |
Psychological theory of trade cycles is presented by |
- A. Prof Jevons
- B. Prof Pigou and Bagehot
- C. Prof Keynes
- D. Prof Hawtrey
|
| 6 |
During recession demand for factors of production is |
- A. More
- B. Limited
- C. Very low
- D. Too much
|
| 7 |
During the phase of boom level of income and employment is |
- A. Increasing
- B. Decreasing
- C. Highest
- D. Lowest
|
| 8 |
"A trade cycle is fluctuation in employment, production and prices" This definition of Trade cycle is stated by |
- A. Prof Keynes
- B. Prof Mitchall
- C. Prof Hanson
- D. Prof Haberler
|
| 9 |
Innovation theory is presented by |
- A. Prof Kegnes
- B. Prof Schumpeter
- C. Prof Hicks
- D. Prof Foster
|
| 10 |
The innovation theory of trade cycles was presented by |
- A. Hayek
- B. Hawtray
- C. Schumpeter
- D. Pigou
|
