11th class Economics chapter 8 online mcq test with answers for ICS part 1 Economics chapter 8 (Human Resource)

Question # 1

Optimum population is defined by the economists as the level of population at which

death rate equals birth rate A
labour productivity is maximized B
country achieves food self sufficiency C
national income per head is maximesed D

Question # 2

y = 2^x is a.

Log function A
Linear equation B
Exponential function C
Increasing function D

Question # 3

Mobility of labour

increases efficiency of labour A
decreases wages of labour B
increases division of labour C
a and c of above D

Question # 4

Unemployment due to mechanization of agriculture is

seasonal A
structural B
industrial C
personal D

Question # 5

Saqib graduated one month ago. He is still unemployed. His unemployment is

structural A
frictional B
seasonal C
personal D

Question # 6

If a farmer moves from village to a town and establishes a small factory, it is a kind of mobility

geographical A
occupational B
social C
all of the above D

Question # 7

x = 5 y^-1 this is a.

Constant function A
Explicit function B
Inverse function C
Decreasing function D

Question # 8

Which is NOT an advantage of division of labour

workers spend less time moving from job to job A
workers becomes dependent on other workers B
workers become more efficient at performing repeated task C
machinery is more easily introduced to perform simple tasks D

Question # 9

To reduce unemployment the govt. may

reduce money supply A
reduce mobility of labour B
reduce minimum wages C
increase government spending D

Question # 10

Assumptions of a law are called:

Constant A
Parameters B
Variables C
Dependent variable D

Question # 11

This is NOT the result of specialization

increased production A
improvement in quality of product B
increase in cost of production C
increase in trade D

Question # 12

Every country should have population

minimum A
constant B
optimum C
fast growing D

Question # 13

Estimate of Pakistan's population for 2013 is

185 million A
285 million B
385 million C
485 million D

Question # 14

About labour we can say with certainty that it is

Perishable A
Hirable B
Reliable C
all of the above D

Question # 15

Specialization of labour has the advantage.

increased production A
introduction of new technology B
increases in self-sufficiency C
a and b of above D

Question # 16

All labour is

homogeneous A
heterogeneous B
lazy C
intelligent D

Question # 17

In Pakistan rate of labour participation is

13% A
23% B
33% C
43% D

Question # 18

The set of skills and abilities that workers possess for production of goods and serves is

motivation A
wealth B
human capital C
natural talent D

Question # 19

x = f (y).

x is a dependent variable. A
y is a dependent variables B
x and y are dependents variables. C
None of the three D

Question # 20

An example of labour is

gambler A
jogger B
computer engineer C
all of the above D

Sr.#	Question	Answer
1	Mobility of labour	A. increases efficiency of labour B. decreases wages of labour C. increases division of labour D. a and c of above
2	The set of skills and abilities that workers possess for production of goods and serves is	A. motivation B. wealth C. human capital D. natural talent
3	This is NOT the result of specialization	A. increased production B. improvement in quality of product C. increase in cost of production D. increase in trade
4	If a farmer moves from village to a town and establishes a small factory, it is a kind of mobility	A. geographical B. occupational C. social D. all of the above
5	Labour force participation rate is the	A. proportion of population that is working B. proportion of population aged above 20 C. proportion of skilled workers D. proportion of female workers to male workers
6	x² - y² = 10 This function can be termed as .	A. Expicit function B. Implicit function C. Linear function D. Constant function
7	Which is NOT an advantage of division of labour	A. workers spend less time moving from job to job B. workers becomes dependent on other workers C. workers become more efficient at performing repeated task D. machinery is more easily introduced to perform simple tasks
8	Unemployment due to mechanization of agriculture is	A. seasonal B. structural C. industrial D. personal
9	To reduce unemployment the govt. may	A. reduce money supply B. reduce mobility of labour C. reduce minimum wages D. increase government spending
10	y = 2^x is a.	A. Log function B. Linear equation C. Exponential function D. Increasing function

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Optimum population is defined by the economists as the level of population at which

y = 2x is a.

Mobility of labour

Unemployment due to mechanization of agriculture is

Saqib graduated one month ago. He is still unemployed. His unemployment is

If a farmer moves from village to a town and establishes a small factory, it is a kind of mobility

x = 5 y-1 this is a.

Which is NOT an advantage of division of labour

To reduce unemployment the govt. may

Assumptions of a law are called:

This is NOT the result of specialization

Every country should have population

Estimate of Pakistan's population for 2013 is

About labour we can say with certainty that it is

Specialization of labour has the advantage.

All labour is

In Pakistan rate of labour participation is

The set of skills and abilities that workers possess for production of goods and serves is

x = f (y).

An example of labour is

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y = 2^x is a.

x = 5 y^-1 this is a.