1 |
x = f (y). |
- A. x is a dependent variable.
- B. y is a dependent variables
- C. x and y are dependents variables.
- D. None of the three
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2 |
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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3 |
Estimate of Pakistan's population for 2013 is |
- A. 185 million
- B. 285 million
- C. 385 million
- D. 485 million
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4 |
About labour we can say with certainty that it is |
- A. Perishable
- B. Hirable
- C. Reliable
- D. all of the above
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5 |
All labour is |
- A. homogeneous
- B. heterogeneous
- C. lazy
- D. intelligent
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6 |
Assumptions of a law are called: |
- A. Constant
- B. Parameters
- C. Variables
- D. Dependent variable
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7 |
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
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8 |
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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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
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10 |
In Pakistan rate of labour participation is |
- A. 13%
- B. 23%
- C. 33%
- D. 43%
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