Question # 1

About labour we can say with certainty that it is

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Perishable

Hirable

Reliable

all of the above

x = 5 y^-1 this is a.

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Constant function

Explicit function

Inverse function

Decreasing function

Labour force participation rate is the

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proportion of population that is working

proportion of population aged above 20

proportion of skilled workers

proportion of female workers to male workers

x² - y² = 10 This function can be termed as .

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Expicit function

Implicit function

Linear function

Constant function

Estimate of Pakistan's population for 2013 is

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185 million

285 million

385 million

485 million

Efficiency of labour is not affected by

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attitude of worker

attitude of employer

attitude of wife/husband

all affect

y = 2^x is a.

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Log function

Linear equation

Exponential function

Increasing function

x = f (y).

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x is a dependent variable.

y is a dependent variables

x and y are dependents variables.

None of the three

Optimum population is defined by the economists as the level of population at which

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death rate equals birth rate

labour productivity is maximized

country achieves food self sufficiency

national income per head is maximesed

An example of labour is

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gambler

jogger

computer engineer

all of the above

Specialization of labour has the advantage.

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increased production

introduction of new technology

increases in self-sufficiency

a and b of above

According to Malthus, population increase by

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arithmetic progression

geometric progression

systematic progression

automatic progression

Unemployment due to mechanization of agriculture is

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seasonal

structural

industrial

personal

In Pakistan rate of labour participation is

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13%

23%

33%

43%

y = 20-5 x this function is.

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Increasing function

Decreasing function

Constant function

Exponential function

Rickshaw has replaced tonga as local transport. As a result the tongs-drivers have become unemployed. Such unemployment is called

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structural

frictional

seasonal

personal

Mobility of labour

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increases efficiency of labour

decreases wages of labour

increases division of labour

a and c of above

Which is NOT an advantage of division of labour

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workers spend less time moving from job to job

workers becomes dependent on other workers

workers become more efficient at performing repeated task

machinery is more easily introduced to perform simple tasks

To reduce unemployment the govt. may

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reduce money supply

reduce mobility of labour

reduce minimum wages

increase government spending

Labour input includes

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inventor

innovator

unskilled worker

all of the above

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