| 1 |
Specialization of labour has the advantage. |
- A. increased production
- B. introduction of new technology
- C. increases in self-sufficiency
- D. a and b of above
|
| 2 |
Mobility of labour |
- A. increases efficiency of labour
- B. decreases wages of labour
- C. increases division of labour
- D. a and c of above
|
| 3 |
To reduce unemployment the govt. may |
- A. reduce money supply
- B. reduce mobility of labour
- C. reduce minimum wages
- D. increase government spending
|
| 4 |
y = 20-5 x this function is. |
- A. Increasing function
- B. Decreasing function
- C. Constant function
- D. Exponential function
|
| 5 |
According to Malthus, population increase by |
- A. arithmetic progression
- B. geometric progression
- C. systematic progression
- D. automatic progression
|
| 6 |
x = 5 y<sup>-1</sup> this is a. |
- A. Constant function
- B. Explicit function
- C. Inverse function
- D. Decreasing function
|
| 7 |
Productivity of labour can be increased by |
- A. raising minimum wages
- B. reducing profits
- C. increasing skills of workers
- D. punishing absentee workers
|
| 8 |
This is <i>NOT</i> the result of specialization |
- A. increased production
- B. improvement in quality of product
- C. increase in cost of production
- D. increase in trade
|
| 9 |
Underemployment of labour means |
- A. a worker does not get full time job
- B. a worker is not happy with present job
- C. a person does not get job according to his qualification
- D. a and c of above
|
| 10 |
Optimum population is defined by the economists as the level of population at which |
- A. death rate equals birth rate
- B. labour productivity is maximized
- C. country achieves food self sufficiency
- D. national income per head is maximesed
|
