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

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MCQ's Test For Chapter 9 "Economics Ics Part 1 English Medium Chapter 9 Online Test"

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  • Total Questions20

  • Time Allowed30

Economics Ics Part 1 English Medium Chapter 9 Online Test

00:00
Question # 1

Which is true

Question # 2

Which of the following is NOT capital as economists use the term

Question # 3

Which of the following is capital

Question # 4

Qd = 12 - 2P
Qs= -4 + 6P in this market model, P and Q are respectively.

Question # 5

Which of the following is capital

Question # 6

Capital formation lakes place when

Question # 7

Net investment equals Gross investment MINUS

Question # 8

How many various forms of capital

Question # 9

It is function of capital

Question # 10

How many functions of capital

Question # 11

Productivity of capital depends upon

Question # 12

Which of the following is a producer good

Question # 13

Consists of all kinds of wealth, other than free gifts of nature, which yield income are called

Question # 14

The government constructed a new water reservoir for the purpose of irrigation; this might be taken as

Question # 15

Qd = 50 - 5P people will demand 50 when price of the product is:

Question # 16

Which one of the following is a functional equation of demand:

Question # 17

Which is NOT a cause of slow capital formation in Pakistan

Question # 18

These are kinds of capital EXCEPT

Question # 19

q = 4 + 2P it is a functional equation of.

Question # 20

The difference between iron ore deposits and the steel produced illustrates the difference between

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ICS Part 1 Economics Chapter 9 MCQs Test

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Sr.# Question Answer
1 The difference between iron ore deposits and the steel produced illustrates the difference between
A. labour and natural resources
B. labour and capital
C. natural resources and capital
D. natural resources and entrepreneurship
2 Which of the following is NOT capital as economists use the term
A. an office building
B. machinery in a factory
C. an industrial robot
D. money
3 A factory is an example of
A. capital
B. natural resources
C. entrepreneurship
D. none of the above
4 q = 4 + 2P it is a functional equation of.
A. Demand
B. Supply
C. Equilibrium of demand as supply
D. None of the three

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