Test: Business Cycles- 2


20 Questions MCQ Test Business Economics for CA Foundation | Test: Business Cycles- 2


Description
Attempt Test: Business Cycles- 2 | 20 questions in 20 minutes | Mock test for CA CPT preparation | Free important questions MCQ to study Business Economics for CA Foundation for CA CPT Exam | Download free PDF with solutions
QUESTION: 1

_____ indicators change before the economy itself changes.

Solution:
QUESTION: 2

_____ indicators change after the economy as a whole changes.

Solution:
QUESTION: 3

Changes in stock prices, profit margins and profits, manufacturing activity, etc. are examples of _____ indicator.

Solution:
QUESTION: 4

A variable that moves later than aggregate economic activity is called _____

Solution:
QUESTION: 5

While _____ indicators forecast economic fluctuation, _____ indicators confirm the trends.

Solution:
QUESTION: 6

A variable that occur simultaneously with the business cycle movements is _____ indicator.

Solution:
QUESTION: 7

Coincident indicators show _____

Solution:
QUESTION: 8

At the time of Great Depression of 1930s, the global GDP fell by around _____

Solution:
QUESTION: 9

Which one of the following is not correct about business cycle?

Solution:
QUESTION: 10

Which of the following describes best a typical trade cycle?

Solution:
QUESTION: 11

During upswing, the unemployment rate and output _____

Solution:
QUESTION: 12

Which of the following does not occur during expansion phase?

Solution:
QUESTION: 13

When aggregate economic activity is declining, the economy is said to be in _____

Solution:
QUESTION: 14

Which one of the following is not an example of coincident indicator?

Solution:
QUESTION: 15

Which one of the following is an example of lagging indicator?

Solution:
QUESTION: 16

_____ is of the view that fluctuations in economic activities are because of fluctuations in aggregate effect demand.

Solution:
QUESTION: 17

High rate of investment brings _____

Solution:
QUESTION: 18

If any unemployment exists during expansion phase of business cycle, it is _____ un employment.

Solution:
QUESTION: 19

The most probable outcome of increase in aggregate demand is _____

Solution:
QUESTION: 20

According to _____ a trade cycles is a purely monetary phenomena

Solution:
Use Code STAYHOME200 and get INR 200 additional OFF
Use Coupon Code

Download free EduRev App

Track your progress, build streaks, highlight & save important lessons and more!

Related tests