Economics MCQ Quiz Hub

1. According to Malthus population increases by progression of kind:
Systematic
Arithmetic
Geometric
Automatic

2. Productivity of labour can be increased by:
Raising minimum wages
Raising average wages
Increasing skills of workers
All of the above

3. All labour is:
Homogeneous
Heterogeneous
Lazy
Intelligent

4. Mobility of labour:
Increases efficiency of labour
Spoils labour
Increases division of labour
(a) and (c) of above

5. Unemployment due to mechanization of agriculture is:
Seasonal
Structural
Industrial
Personal

6. Labour includes:
The inentor
The innovator
The unskilled worker
All of the above

7. A skilled worker is an example of:
Scarcity
An entrepreneur
The labour input
(b) and (c) above

8. The labour force participation rate is:
Proportion of working population
Proportion of population working or seeking work
Proportion of skilled workers in the population
Female working population

9. Union leaders are in a better position to bargain for higher wages if demand for labour is:
Elastic
Inelastic
Very large
Permanent

10. In which form the largest percentage of national income is earned:
Interest income
Proprietor s income
Employees wages
Rental income

11. Who is unemployed:
Housewife
College student
A peer who lives on gifts from mureeds
A freshly graduated engineer who is searching for a job

12. Standard of living of workers depends upon their:
Nominal wages
Real wages
Average product
Govt. policy

13. Unemployment takes place because of:
High demand for labour
More exports
High population growth rate
Higher education

14. Unemployment rate in Pakistan is:
Less than 5%
Between 5% and 20%
Between 20% and 30%
More than 30%

15. Working population in Pakistan is in the ratio of total population:
172
173
174
175

16. This is a cause of unemployment:
Foreign loans
Fast population growth
Huge expenditure of government
High Literacy rate

17. Productivity of labour is measured by:
Measuring GDP
Production per hour
Production per day
Total working hours

18. Various kinds of unemployment are:
Seasonal and Circular
Seasonal and Structural
Structural and Social
Private and Public

19. These steps will raise productivity of labour:
High wages longer hours of work
High wages shorter hours of work
High wages specialization
(b) and (c) above

20. By 2010 Pakistan s total population reached approximately:
14 crores
17 crores
20 crores
23 crores

21. By 2010 Pakistan s total population reached approximately:
153 million
173 million
193 million
213 million

22. The nature of unemployment due to mechanization of agriculture is:
Seasonal
Structural
Industrial
Permanent

23. Mobility of labour:
Increases efficiency of labour
Decreases efficiency of labour
Does not affect efficiency of labour
None of the above

24. Rate of growth of population in Pakistan is:
Increasing
Decreasing
Constant
Unpredictable

25. Mobility of labour depends upon:
Age of the worker
Attidude of the worker
Education of the worker
All of the above

26. Population census was held in Pakistanh in:
1994
1998
2002
2006