| 1 |
When labourers do not get jobs according to their qualification it will be : |
- A. Unemployment
- B. Under employment
- C. Disguised unemployment
- D. None of the three
|
| 2 |
The theory of optimum population was presentd by: |
- A. Cannon
- B. Hicks
- C. Keynes
- D. Malthus
|
| 3 |
The supply of land is fixed whereas its Demand is increase day by day, the rent Produced in this way is: |
- A. Differential rent
- B. Scarcity rent
- C. Quasi rent
- D. Economic rent
|
| 4 |
If marginal product of labour rises because of new technology |
- A. wages will rise
- B. wages will fall
- C. wages will be unaffected
- D. may raise or fall
|
| 5 |
Increasing the minimum wage for workers will |
- A. solve the unemployment problem
- B. result in scarcity of workers
- C. cause substitution of capital for labour
- D. decreases the MP of those workers
|
| 6 |
Marginal land or no rent land is the land which: |
- A. Covers the cost of productions only
- B. Determines rent of the superiorlands
- C. Both a & b
- D. None of the three
|
| 7 |
He cannot be unemployed |
- A. policeman
- B. beggar
- C. mikman
- D. bank officer
|
| 8 |
A firm maximizes profit of |
- A. MRP = wage rate
- B. MRP = ARP
- C. MRP is rising
- D. TRP = wages
|
| 9 |
Trade Unions in Pakistan are unable to get an increase in wage rates because of : |
- A. Minimum wage law
- B. Low labour efficiency
- C. Capital intensive projects
- D. Lack of Natural resources
|
| 10 |
The minimum wage is an example of |
- A. price floor
- B. price ceiling
- C. equilibrium wage
- D. efficiency of labour
|
