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Question-1
Wages paid in money terms is called
(A)
Real wages
(B)
Nominal wages
(C)
Wages
(D)
Price
Question-2
Labour cannot be separated from
(A)
Laboures
(B)
Profit
(C)
Capital
(D)
Rent
Question-3
The reward paid to labour as a factor of production is
(A)
Rent
(B)
Wages
(C)
Profit
(D)
Interest
Question-4
The demand for a factor is
(A)
A direct demand
(B)
A derived demand
(C)
An excess demand
(D)
Increase in demand
Question-5
Investment in education is called _______ capital.
(A)
Physical
(B)
Human
(C)
Money
(D)
Fixed
Question-6
In united states more than _______ of labour force is tertiary workers.
(A)
60%
(B)
40%
(C)
80%
(D)
70%
Question-7
In general capital means
(A)
Building
(B)
Machinery
(C)
Money
(D)
Profit
Question-8
Wages is the reward for
(A)
Labour
(B)
Land
(C)
Capital
(D)
Organisation
Question-9
The theory of factor pricing is popularly known as the
(A)
Theory of distribution
(B)
Theory of consumption
(C)
Theory of supply
(D)
Theory of demand
Question-10
_______ is/are also an important determinant of the productivity of land.
(A)
Investment on land
(B)
Proper use of land
(C)
Security of tenancy
(D)
All the above
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Std 7
Tamil Nadu (English Medium)
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