A. 1935
B. 1938
C. 1947
D. 1946
Economics Mcqs
If somebody is prepared to work at the going wage rate but cannot find work then they are victims of ?
A. voluntary unemployment
B. classical unemployment
C. voluntary unemployment
D. Frictional unemployment
Which one of the following is the largest sector of Pakistan’s economy ?
A. Agriculture
B. Banking
C. Industry
D. Manufacturing
Rasul headworks was constructed on the river ?
A. Indus
B. Sutlej
C. Chenab
D. Jhelum
Possible causes of involuntary unemployment are ?
A. minimum wage agreements
B. trade
C. scale economies
D. insider-outsider distinctions
E. efficiency wages
F. all of the above
The classical view of the labor market is basically consistent with the assumption of ……… aggregate supply curve?
A. a vertical (or almost vertical)
B. a downward sloping
C. a horizontal (or almost horizontal)
D. an upward sloping
Kharif crop includes ?
A. Rice & sugarcane
B. Cotton and maize
C. Bajra and Jawar
D. All of them
According to the classical economists, those who are not working ?
A. have chosen not to work at the market wage
B. have given up looking for a job but would accept a job at the current wage if one were offered to them.
C. are too productive to be hired at the current wage
D. are unable to find a job at the current wage rate
Which soil is best suited for deep rooted crops ?
A. Red soil
B. Black soil
C. Literate soil
D. None of these