| 1 |
Optimum population is defined by the economists as the level of population at which |
- A. death rate equals birth rate
- B. labour productivity is maximized
- C. country achieves food self sufficiency
- D. national income per head is maximesed
|
| 2 |
According to Malthus, population increase by |
- A. arithmetic progression
- B. geometric progression
- C. systematic progression
- D. automatic progression
|
| 3 |
In Pakistan rate of labour participation is |
- A. 13%
- B. 23%
- C. 33%
- D. 43%
|
| 4 |
y = 2<sup>x</sup> is a. |
- A. Log function
- B. Linear equation
- C. Exponential function
- D. Increasing function
|
| 5 |
x = 5 y<sup>-1</sup> this is a. |
- A. Constant function
- B. Explicit function
- C. Inverse function
- D. Decreasing function
|
| 6 |
About labour we can say with certainty that it is |
- A. Perishable
- B. Hirable
- C. Reliable
- D. all of the above
|
| 7 |
This is <i>NOT</i> the result of specialization |
- A. increased production
- B. improvement in quality of product
- C. increase in cost of production
- D. increase in trade
|
| 8 |
Mobility of labour |
- A. increases efficiency of labour
- B. decreases wages of labour
- C. increases division of labour
- D. a and c of above
|
| 9 |
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
|
| 10 |
The human effort applied to the production of goods is called in economics |
- A. labour
- B. skill
- C. experience
- D. services
|
