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English
Economics
History & Civics
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Question-1
_________ wages takes into account the level of inflation in the economy.
(A)
Money wages
(B)
time wages
(C)
real wages
(D)
wages in kind
Question-2
The demand for labour is a __________ demand.
(A)
direct
(B)
derived
(C)
derivative
(D)
none of these
Question-3
The national product of a nation could be explained in terms of
(A)
Personal distribution
(B)
functional distribution
(C)
1 and 2
(D)
None of these
Question-4
Modern theory of wages explains that wages are determined on th basis of _______.
(A)
Supply of labour force
(B)
demand for labour force
(C)
supply and demand for labour
(D)
None of these
Question-5
If the labour works more, the level of ____ comes down.
(A)
Hard work
(B)
earning
(C)
leisure
(D)
none of these
Question-6
The Average Physical product (APP) is _________ shaped.
(A)
U
(B)
Inverted U
(C)
L
(D)
V
Question-7
__________ part of MRP curve is the demand curve of the factor of production.
(A)
Positively sloped
(B)
negatively sloped
(C)
Horizontal
(D)
vertical
Question-8
__________ deals with the distribution of national income among various factors of production.
(A)
personal distribution
(B)
Functional distribution
(C)
fractional distribution
(D)
None of these
Question-9
MPP* price gives ___________.
(A)
ARP
(B)
VMP
(C)
MRP
(D)
All of these
Question-10
_______ curves have inverted U shapes.
(A)
ARP
(B)
MRP
(C)
APP
(D)
All of these
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Plus 2 Humanities
ICSE/ISC
Practice in Related Chapters
Micro Economic Theory
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Law of Supply and Price Elasticity of Supply
Laws of Returns - Returns to a Factor and Returns to Scale
Demand and Law of Demand
Elasticity of Demand
Cost and Revenue Analysis
FORMS OF MARKET
EQUILIBRIUM OF FIRM
Determination of Equilibrium Price and Output Under Perfect Competition Monopoly and Monopolistic
Equilibrium Price: Market Price
Nature of Goods and Services Produced
National Income Aggregates
INTERNATIONAL TRADE; NEED AND BASIS
Balance of Payments
Theory of Distribution: Marginal Productivity Theory and Determination of Wages
Public Expenditure
PUBLIC DEBT
Fiscal Policy and Deficit Financing
The Theory of Distribution: Rent, Interest and Profit
National Income and Circular Flow of Income
Measurement of National Income
- GOVERNMENT BUDGET
PUBLIC FINANCE;TAXATION
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