1 |
x = 5 y<sup>-1</sup> this is a. |
- A. Constant function
- B. Explicit function
- C. Inverse function
- D. Decreasing function
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2 |
All labour is |
- A. homogeneous
- B. heterogeneous
- C. lazy
- D. intelligent
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3 |
Every country should have population |
- A. minimum
- B. constant
- C. optimum
- D. fast growing
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4 |
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
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5 |
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
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6 |
In Pakistan rate of labour participation is |
- A. 13%
- B. 23%
- C. 33%
- D. 43%
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7 |
To reduce unemployment the govt. may |
- A. reduce money supply
- B. reduce mobility of labour
- C. reduce minimum wages
- D. increase government spending
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8 |
y = 2<sup>x</sup> is a. |
- A. Log function
- B. Linear equation
- C. Exponential function
- D. Increasing function
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9 |
The human effort applied to the production of goods is called in economics |
- A. labour
- B. skill
- C. experience
- D. services
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10 |
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
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