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

ICS Part 1 Economics Chapter 8 Test

Start Chapter 8 Test

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

Sr. # Questions Answers Choice
1 Rickshaw has replaced tonga as local transport. As a result the tongs-drivers have become unemployed. Such unemployment is called
  • A. structural
  • B. frictional
  • C. seasonal
  • D. personal
2 About labour we can say with certainty that it is
  • A. Perishable
  • B. Hirable
  • C. Reliable
  • D. all of the 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 x<sup>2</sup> - y<sup>2</sup> = 10 This function can be termed as .
  • A. Expicit function
  • B. Implicit function
  • C. Linear function
  • D. Constant function
5 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
6 y = 2<sup>x</sup> is a.
  • A. Log function
  • B. Linear equation
  • C. Exponential function
  • D. Increasing function
7 Assumptions of a law are called:
  • A. Constant
  • B. Parameters
  • C. Variables
  • D. Dependent variable
8 The human effort applied to the production of goods is called in economics
  • A. labour
  • B. skill
  • C. experience
  • D. services
9 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
10 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

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