Question # 1

According to Malthus, population increase by

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arithmetic progression

geometric progression

systematic progression

automatic progression

Specialization of labour has the advantage.

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increased production

introduction of new technology

increases in self-sufficiency

a and b of above

Productivity of labour can be increased by

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raising minimum wages

reducing profits

increasing skills of workers

punishing absentee workers

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

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motivation

wealth

human capital

natural talent

y = 20-5 x this function is.

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Increasing function

Decreasing function

Constant function

Exponential function

Which is NOT an advantage of division of labour

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workers spend less time moving from job to job

workers becomes dependent on other workers

workers become more efficient at performing repeated task

machinery is more easily introduced to perform simple tasks

They are included in labour expect

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college principle

professors

office clerk

students

About labour we can say with certainty that it is

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Perishable

Hirable

Reliable

all of the above

x² - y² = 10 This function can be termed as .

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Expicit function

Implicit function

Linear function

Constant function

To reduce unemployment the govt. may

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reduce money supply

reduce mobility of labour

reduce minimum wages

increase government spending

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

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structural

frictional

seasonal

personal

All labour is

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homogeneous

heterogeneous

lazy

intelligent

Labour force participation rate is the

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proportion of population that is working

proportion of population aged above 20

proportion of skilled workers

proportion of female workers to male workers

x = f (y).

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x is a dependent variable.

y is a dependent variables

x and y are dependents variables.

None of the three

Efficiency of labour is not affected by

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attitude of worker

attitude of employer

attitude of wife/husband

all affect

An example of labour is

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gambler

jogger

computer engineer

all of the above

y = 2^x is a.

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Log function

Linear equation

Exponential function

Increasing function

In Pakistan rate of labour participation is

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13%

23%

33%

43%

This is NOT the result of specialization

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increased production

improvement in quality of product

increase in cost of production

increase in trade

The human effort applied to the production of goods is called in economics

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labour

skill

experience

services

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Economics Ics Part 1 English Medium Chapter 8 Online Test MCQs With Answers

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