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Online Tests
Economics Ics Part 1 English Medium Chapter 8 Online Test MCQs With Answers
Question # 1
Unemployment due to mechanization of agriculture is
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seasonal
structural
industrial
personal
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Question # 2
Productivity of labour can be increased by
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raising minimum wages
reducing profits
increasing skills of workers
punishing absentee workers
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Question # 3
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
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Question # 4
In Pakistan rate of labour participation is
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13%
23%
33%
43%
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Question # 5
Labour input includes
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inventor
innovator
unskilled worker
all of the above
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Question # 6
x = 5 y
-1
this is a.
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Constant function
Explicit function
Inverse function
Decreasing function
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Question # 7
Estimate of Pakistan's population for 2013 is
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185 million
285 million
385 million
485 million
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Question # 8
Mobility of labour
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increases efficiency of labour
decreases wages of labour
increases division of labour
a and c of above
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Question # 9
According to Malthus, population increase by
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arithmetic progression
geometric progression
systematic progression
automatic progression
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Question # 10
y = 2
x
is a.
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Log function
Linear equation
Exponential function
Increasing function
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Question # 11
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
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Question # 12
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
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Question # 13
To reduce unemployment the govt. may
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reduce money supply
reduce mobility of labour
reduce minimum wages
increase government spending
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Question # 14
The human effort applied to the production of goods is called in economics
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labour
skill
experience
services
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Question # 15
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
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Question # 16
All labour is
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homogeneous
heterogeneous
lazy
intelligent
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Question # 17
Every country should have population
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minimum
constant
optimum
fast growing
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Question # 18
y = 20-5 x this function is.
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Increasing function
Decreasing function
Constant function
Exponential function
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Question # 19
An example of labour is
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gambler
jogger
computer engineer
all of the above
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Question # 20
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
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