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Questions › UGC-NET › UGC-NET 2026 › Q40
2 marksMacroeconomics › Business cycles and rational expectations › Business cycle theoriesHardabout 2 min

UGC-NET 2026 Question 40: Business cycles and rational expectations

Match List - I with List - II: List-I: A. Cobweb Theorem; B. Over Investment Theory; C. Multiplier-Accelerator Theory of Business Cycle; D. Psychological Theory List-II: I. Schultz; II. Pigou; III. Hayek; IV. Samuelson

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Business cycles and rational expectations has come up 21 times in 5 exams since 2010.

What this question tests

This question is on Business cycle theories, part of Business cycles and rational expectations in Macroeconomics.

Explanations of booms and recessions, from multiplier-accelerator dynamics to real business cycles.

TestStop has 7 past-paper questions on this subtopic.

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