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1
K S ACADEMY
SAP-2
19-11-2024
KS ACADEMY CA FND BATCH-D,J SAP EXAM ECONOMICS
Roll Number . Time Allowed 30Mins Total
Number of Questions 20
CodeCAFND Total number of Printed Page
03 Maximum Marks 20

• Answer Key
• Candidate are required to answer all the
  questions Part-A MCQ (Each Carries 1Marks)
• The business Cycles or the periodic booms and
  slumps in economic activities reflect the
• in economic activities.
• Upward movements
• Downward movements
• Upward and downward move-ments
• Extreme rise
• state continues till there is full employment
  of resources and production is at its maximum
  possible level using available productive
  resources.
• Expansion
• Peak
• Contraction
• Depression
• The trough of a business cycle occurs when hits
  its lowest point.
• Inflation in the economy
• The money supply
• Aggregate economic activity

2
K S ACADEMY
SAP-2
19-11-2024

• Fashion Retailer is business of?
• Cyclical business
• Sun rise business
• Sluggish business
• None of these
• In the later stages of expansion, inputs are
  difficult to find as they are of their demand
  and there-fore input prices .
• Short, increase
• Excess, increases
• Short, decrease
• Excess, decrease
• is the severe form of .
• Depression, Recovery
• Depression, Recession
• Recession, Depreciation
• Recession, Recovery.
• Which of the following statement is False?

3
K S ACADEMY
SAP-2
19-11-2024

• Which internal factor affect the Business cycle?
• Fluctuations in investment
• Natural factors
• Technology shocks
• Population growth
• Whose statement out of these is false?
• Hawtrey Trade cycle is purely Monetary
  phenomena
• Keynes Fluctuations in aggre-gate Demand
• Pigou Fluctuations in invest-ment
• Schumpeter Innovations
• Endogenous factors refers to causes
• Internal
• External
• Economic
• Ecological
• theory holds that business cycles result from
  the fact that present prices substantially
  influence the production at some future date.