+2 std quiz part - 2

Quiz
•
Other
•
12th Grade
•
Easy
afrah kamil
Used 1+ times
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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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