11th class Principles of Economics chapter 13 online mcq test with answers for I.Com part 1 Principles of Economics chapter 13(Public Finance and Zakat)

Principles of Economics Icom Part 1 English Medium Chapter 13 Online Test

Sr. #	Questions	Answers Choice
1	In which phase of Frade cycle level of employment and income becomes very low.	Depression Recovery Recession Boom
2	In which year international monetary fund was established:	1941 1944 1945 1947
3	The ratio of change in income to change in investment is known as:	Multiplier Accelrator MEC Both a and b
4	The ratio of change in investment to change in income is known as:	Multiplier Accelerator MEC Both a and b
5	Over investment and over saving theory was given by:	Joseph Schumpeter Habson Foster Jevons Hawtray
6	Meteorological theory of trade cycle was presented by:	Joseph Schumpeter Habson Foster Jevons Hawtray
7	Monetary theory of trade cycle was given by:	Joseph Schumpeter Habson Foster Jevons Hawtray
8	Theory of innovations was presented by:	Joseph Schumpeter Habson Foster Jevons J.R Hicks
9	The interaction of multiplier and accelerator is known as:	Innovation theory Modern theory Psychological theory Over investment theory
10	The expected rate of profit from a business is known as:	Multiplier Accelerator Marginal efficiency of capital Both a and b
11	Modern theory trade cycle was presented by:	Hawtrey Habson Foster Jevons J.R Hicks
12	Trade cycles can be controlled by:	Fiscal policy Monetary policy Buffer stock schemes All of these
13	Income and employment are at peak level during:	Recovery Boom Depression Recession
14	The salient features of trade cycle are:	National in nature International in nature Domestic in nature All of these
15	The average duration of trade cycle is:	Five years Fifty years Twenty years Ten years

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