9th Chapter

ICS Part 1 Economics Chapter 9 MCQs Test

First Year Economics Chapter 9 Online MCQ Test for 1st Year Economics Chapter 9 (Capital Resources)

This online test contains MCQs about following topics:

Forms of Capital - Functions of Capital - Productivity of Capital - Capital Formation - Capital Formation in Pakistan

ICS Part 1 Economics Chapter 9 Test

Start Chapter 9 Test

First Year Economics Chapter 9 Online MCQ Test for 1st Year Economics Chapter 9 (Capital Resources)

Sr. # Questions Answers Choice
1 These are kinds of capital EXCEPT
  • A. fixed capital
  • B. expensive capital
  • C. working capital
  • D. real capital
2 To the economist, investment refers to
  • A. sale of real estate
  • B. creation of new capital
  • C. purchase of a prize bond
  • D. decrease in inventories
3 Qd = 50 - 5P people will demand 50 when price of the product is:
  • A. Very high
  • B. Very low
  • C. Zero
  • D. Unity
4 Which of the following is a producer good
  • A. pen
  • B. cycle
  • C. mobile phone
  • D. hammer
5 The part of wealth, other than natural resources, which can be used for further production of wealth are called
  • A. Capital
  • B. Revenue
  • C. Fundamentals of economics
  • D. None of these
6 Which is true
  • A. capital depreciates
  • B. capital is primary factor of production
  • C. capital in not hireable
  • D. human capital is real capital
7 Which of the following is <i>NOT </i>capital as economists use the term
  • A. an office building
  • B. machinery in a factory
  • C. an industrial robot
  • D. money
8 A factory is an example of
  • A. capital
  • B. natural resources
  • C. entrepreneurship
  • D. none of the above
9 q = 4 + 2P it is a functional equation of.
  • A. Demand
  • B. Supply
  • C. Equilibrium of demand as supply
  • D. None of the three
10 Capital formation lakes place when
  • A. people save a part of their incomes
  • B. saved amount is invested
  • C. investors expect good return
  • D. all of the three

Share your comments questions here
Sort By:
X

Sign in

to continue to ilmkidunya.com

inquiry-image

Free Admission Advice

Fill the form. Our admission consultants will call you with admission options.

X

Sign in

to continue to ilmkidunya.com

X

Sign in

to continue to ilmkidunya.com

X

Forgot Password

to continue to ilmkidunya.com

X

Register Type

Please Provide following information to Register

  • Student
  • Tutor
  • Consultant
  • Employer