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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
ICOM Part 1 English Medium Subjects
ICOM Part 1 Urdu Medium Subjects
MCQ's Test For Chapter 11 "Principles of Economics Icom Part 1 English Medium Chapter 11 Online Test"
Try The MCQ's Test For Chapter 11 "Principles of Economics Icom Part 1 English Medium Chapter 11 Online Test"
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Total Questions15
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Time Allowed20
Principles of Economics Icom Part 1 English Medium Chapter 11 Online Test
00:00
Question # 1
According to which economist some trade cycles complete their cycle during a period of fifty years or sixty years
Question # 2
In Macro economies the vital role is played by:
Question # 3
According to Prof. Kitchen a trade cycle completes in
Question # 4
National Income is also known as:
Question # 5
During depression, increases
Question # 6
During boom
Question # 7
Market value of all final goods and services is known as:
Question # 8
In which phase of a trade cycle level of employment and income become very low
Question # 9
Modern theory of trade cycles is presented by
Question # 10
"A trade cycle is completed in three years four months" This is stated by
Question # 11
Innovation theory is presented by
Question # 12
During depression
Question # 13
If we deduct depreciation from GNP, we get:
Question # 14
If we deduct foreign income from GNP, we get:
Question # 15
Depreciation means:
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.
Top Scorers Of Chapter 11 "Principles of Economics Icom Part 1 English Medium Chapter 11 Online Test" MCQ`s Test
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J Jaweria Faraz 11 - Jul - 2024 02 Min 51 Sec 9/15
ICom Part 1 Principles of Economics ( English Medium) Chapter 11 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | National income is measured for: |
A. One year
B. Two years
C. Three years
D. Four years
|
| 2 | During boom |
A. Business contracts
B. Unemployment increase
C. Profit decreases
D. Profit increases
|
| 3 | During depression, increases |
A. Unemployment
B. Employment
C. Profit
D. Production
|
| 4 | In which phase of a trade cycle level of employment and income become very low |
A. Depression
B. Recovery
C. Boom
D. Recession
|
| 5 | If we deduct direct taxes from personal income, we get: |
A. NNP
B. GDP
C. DPI
D. PI
|
| 6 | If we deduct foreign income from GNP, we get: |
A. N.N.P
B. G.D.P
C. D.P.I
D. P.I
|
| 7 | During depression |
A. Employment increases
B. Prices decrease
C. Profit increases
D. Prices increase
|
| 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 | In which phase of a trade cycle national product, wages, prices and profits reach at their peak |
A. Recovery
B. Boom
C. Recession
D. Depression
|
| 10 | Net foreign income means: |
A. Import - Exports
B. Exports - Imports
C. Import + Exports
D. Income from imports
|
Test Questions