Economics MCQS with Answers 1st Year Chapter 8

Unemployment due to mechanization of agriculture is

seasonal

structural

industrial

personal

Efficiency of labour is not affected by

attitude of employer

attitude of wife/husband

attitude of worker

all affect

In Pakistan rate of labour participation is

23%

43%

13%

33%

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

country achieves food self sufficiency

death rate equals birth rate

national income per head is maximesed

labour productivity is maximized

Which is NOT an advantage of division of labour

workers become more efficient at performing repeated task

workers becomes dependent on other workers

workers spend less time moving from job to job

machinery is more easily introduced to perform simple tasks

Every country should have population

optimum

constant

fast growing

minimum

Productivity of labour can be increased by

increasing skills of workers

raising minimum wages

reducing profits

punishing absentee workers

x = 5 y^-1 this is a.

Explicit function

Inverse function

Decreasing function

Constant function

y = 20-5 x this function is.

Increasing function

Exponential function

Decreasing function

Constant function

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

structural

frictional

personal

seasonal