Question # 1

Mobility of labour

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increases efficiency of labour

decreases wages of labour

increases division of labour

a and c of above

To reduce unemployment the govt. may

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reduce money supply

reduce mobility of labour

reduce minimum wages

increase government spending

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

Assumptions of a law are called:

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Constant

Parameters

Variables

Dependent variable

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

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Expicit function

Implicit function

Linear function

Constant function

Underemployment of labour means

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a worker does not get full time job

a worker is not happy with present job

a person does not get job according to his qualification

a and c of above

An example of labour is

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gambler

jogger

computer engineer

all of the above

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

According to Malthus, population increase by

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arithmetic progression

geometric progression

systematic progression

automatic progression

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

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geographical

occupational

social

all of the above

Estimate of Pakistan's population for 2013 is

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185 million

285 million

385 million

485 million

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

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