Question # 1

Every country should have population

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minimum

constant

optimum

fast growing

Saqib graduated one month ago. He is still unemployed. His unemployment is

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structural

frictional

seasonal

personal

Assumptions of a law are called:

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Constant

Parameters

Variables

Dependent variable

All labour is

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homogeneous

heterogeneous

lazy

intelligent

This is NOT the result of specialization

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increased production

improvement in quality of product

increase in cost of production

increase in trade

y = 20-5 x this function is.

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Increasing function

Decreasing function

Constant function

Exponential function

y = 2^x is a.

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Log function

Linear equation

Exponential function

Increasing function

The human effort applied to the production of goods is called in economics

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labour

skill

experience

services

The set of skills and abilities that workers possess for production of goods and serves is

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motivation

wealth

human capital

natural talent

Mobility of labour

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increases efficiency of labour

decreases wages of labour

increases division of labour

a and c of 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

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

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Expicit function

Implicit function

Linear function

Constant function

Labour input includes

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inventor

innovator

unskilled worker

all of the above

About labour we can say with certainty that it is

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Perishable

Hirable

Reliable

all of the above

Efficiency of labour is not affected by

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attitude of worker

attitude of employer

attitude of wife/husband

all affect

In Pakistan rate of labour participation is

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13%

23%

33%

43%

Estimate of Pakistan's population for 2013 is

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185 million

285 million

385 million

485 million

If a farmer moves from village to a town and establishes a small factory, it is a kind of mobility

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geographical

occupational

social

all of the above

An example of labour is

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gambler

jogger

computer engineer

all of the 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

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