+2 std quiz part - 2

+2 std quiz part - 2

12th Grade

20 Qs

quiz-placeholder

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+2 std quiz part - 2

+2 std quiz part - 2

Assessment

Quiz

Other

12th Grade

Easy

Created by

afrah kamil

Used 1+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Every able bodied person who is willing

to work at the prevailing wage rate is

employed called as ……….

(a) Full employment

(b) Under employment

(c) Unemployment

(d) Employment opportunity

2.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

In disguised unemployment, the

marginal productivity of labour is …....

(a) Zero

(b) One

(c) Two

(d) Positive

3.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

J.B. Say is a …………………….

(a) Neo Classical Economis

(b) Classical Economist

(c) Modern Economist

(d) New Economist

4.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

According to Keynes, which type of

unemployment prevails in capitalist

economy ?

(a) Full employment

(b) Voluntary unemployment

(c) Involuntary unemployment

(d) Under employment

5.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

The core of the classical theory of

employment is …………

(a) Law of Diminishing Return

(b) Law of Demand

(c) Law of Markets

(d) Law of Consumption

6.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

………. Flexibility brings equality

between saving and investment.

(a) Demand

(b) Supply

(c) Capital

(d) Interest

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Aggregate supply is equal to ………….

(a) C + I + G

(b) C + S + G + (x-m)

(c) C + S + T + (x-m)

(d) C + S + T + Rf

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