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8th Chapter

ICS Part 1 Economics Chapter 8 MCQs Test

First Year Economics Chapter 8 Online MCQ Test for 1st Year Economics Chapter 8 (Human Resource)

This online test contains MCQs about following topics:

Labour,Efficiency of Labour ,Mobility of Labour,Malthusian Theoryof Population,Optimum Thory of Population ,Over Papulation Problems in Pakistan,Labour Force ,Unemployment in Pakistan

First Year Economics Chapter 8 Online MCQ Test for 1st Year Economics Chapter 8 (Human Resource)

Sr. # Questions Answers Choice
1 To reduce unemployment the govt. may
  • A. reduce money supply
  • B. reduce mobility of labour
  • C. reduce minimum wages
  • D. increase government spending
2 x = f (y).
  • A. x is a dependent variable.
  • B. y is a dependent variables
  • C. x and y are dependents variables.
  • D. None of the three
3 In Pakistan rate of labour participation is
  • A. 13%
  • B. 23%
  • C. 33%
  • D. 43%
4 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
5 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
6 y = 2<sup>x</sup> is a.
  • A. Log function
  • B. Linear equation
  • C. Exponential function
  • D. Increasing function
7 All labour is
  • A. homogeneous
  • B. heterogeneous
  • C. lazy
  • D. intelligent
8 x = 5 y<sup>-1</sup> this is a.
  • A. Constant function
  • B. Explicit function
  • C. Inverse function
  • D. Decreasing function
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 They are included in labour expect
  • A. college principle
  • B. professors
  • C. office clerk
  • D. students

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