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