8th Chapter

ICS Part 1 Economics Chapter 8 MCQs Test

First Year Economics Chapter 8 Online MCQ Test for 1st Year Economics Chapter 8 (Human Resource)

This online test contains MCQs about following topics:

Labour,Efficiency of Labour ,Mobility of Labour,Malthusian Theoryof Population,Optimum Thory of Population ,Over Papulation Problems in Pakistan,Labour Force ,Unemployment in Pakistan

First Year Economics Chapter 8 Online MCQ Test for 1st Year Economics Chapter 8 (Human Resource)

Sr. # Questions Answers Choice
1 Unemployment due to mechanization of agriculture is
  • A. seasonal
  • B. structural
  • C. industrial
  • D. personal
2 About labour we can say with certainty that it is
  • A. Perishable
  • B. Hirable
  • C. Reliable
  • D. all of the above
3 Saqib graduated one month ago. He is still unemployed. His unemployment is
  • A. structural
  • B. frictional
  • C. seasonal
  • D. personal
4 Mobility of labour
  • A. increases efficiency of labour
  • B. decreases wages of labour
  • C. increases division of labour
  • D. a and c of above
5 Underemployment of labour means
  • A. a worker does not get full time job
  • B. a worker is not happy with present job
  • C. a person does not get job according to his qualification
  • D. a and c of above
6 To reduce unemployment the govt. may
  • A. reduce money supply
  • B. reduce mobility of labour
  • C. reduce minimum wages
  • D. increase government spending
7 The set of skills and abilities that workers possess for production of goods and serves is
  • A. motivation
  • B. wealth
  • C. human capital
  • D. natural talent
8 Productivity of labour can be increased by
  • A. raising minimum wages
  • B. reducing profits
  • C. increasing skills of workers
  • D. punishing absentee workers
9 x<sup>2</sup> - y<sup>2</sup> = 10 This function can be termed as .
  • A. Expicit function
  • B. Implicit function
  • C. Linear function
  • D. Constant function
10 Labour force participation rate is the
  • A. proportion of population that is working
  • B. proportion of population aged above 20
  • C. proportion of skilled workers
  • D. proportion of female workers to male workers

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