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Test: Business Cycles- 1


20 Questions MCQ Test Business Economics for CA Foundation | Test: Business Cycles- 1


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This mock test of Test: Business Cycles- 1 for CA CPT helps you for every CA CPT entrance exam. This contains 20 Multiple Choice Questions for CA CPT Test: Business Cycles- 1 (mcq) to study with solutions a complete question bank. The solved questions answers in this Test: Business Cycles- 1 quiz give you a good mix of easy questions and tough questions. CA CPT students definitely take this Test: Business Cycles- 1 exercise for a better result in the exam. You can find other Test: Business Cycles- 1 extra questions, long questions & short questions for CA CPT on EduRev as well by searching above.
QUESTION: 1

The term business cycle refers to –

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QUESTION: 2

Expansion phase all but one of the following characteristics.

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QUESTION: 3

Which one of the following is not the characteristic of business cycle?

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QUESTION: 4

The turning points of the business cycle are
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QUESTION: 5

_____ refers to the top or the highest point of business cycle.
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QUESTION: 6

Involuntary unemployment is almost zero in the _____ phase of business cycle.
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QUESTION: 7

The economy is said to be overheated at the _____ phase of business cycle.
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QUESTION: 8

Cost of living increases when business cycle is _____
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QUESTION: 9

There is large scale of involuntary unemployment in the _____ phase of business cycle.
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QUESTION: 10

Fall in the level of investments, fall in production, fall in employment, fall stock prices, etc. are found during _____ phase of business cycle.
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QUESTION: 11

All but one are the endogenous factors of business cycle
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QUESTION: 12

_____ is the severe form of recession with lowest level of economic activity.
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QUESTION: 13

Fall in the interest rates is a typical feature of
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QUESTION: 14

During depression _____ industry suffer from excess production capacity.
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QUESTION: 15

The great depression of _____ caused enormous misery and human sufferings
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QUESTION: 16

The lowest level of economic activity is called _____
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QUESTION: 17

There is end of pessimism and the beginning of optimism at ______
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QUESTION: 18

Which of the following is not the features of business cycle?
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QUESTION: 19

The trough of a business cycle occur when _____ hits its lowest point.
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QUESTION: 20

Industries that are most adversely affected by business cycles are the _____
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