Economics · Business Cycle Theories
Regarding Samuelson's and Hicks's theories of trade cycles, which of the following statements is INCORRECT? 1. In Samuelson's model, MPC and accelerator values determine whether cycles are damped, explosive, or regular. 2. Hicks argues that output fluctuations occur within upper (ceiling) and lower (floor) limits. 3. Hicksian theory classifies business cycles strictly into linear and non-linear types only. 4. Hicks combines Samuelson's multiplier-accelerator interaction model with Harrod-Domar growth elements.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 14 only
- 23 only✓
- 32 only
- 41 only
Correct answer
3 only
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Business Cycle Theories MCQs →Want more practice questions on Business Cycle Theories?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Business Cycle Theories