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Economics Past Questions

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4436

If workers at the school canteen cannot sell during the holidays, this is example of

  • A. structural unemployment
  • B. frictional unemployment
  • C. seasonal unemployment
  • D. residual unemployment
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4437

Positive check as envisaged by Thomas Malthus can be prevented if

  • A. death rate is reduced
  • B. moral restraint abolished
  • C. more hospitals are built
  • D. there is natural calamities
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4438

Which of the following factors is not a reason for farmers' unstable incomes?

  • A. dependence on too many crops
  • B. poor storage facilities
  • C. adverse weather conditions
  • D. recession in the world economy
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4439

Local firms can help in reducing unemployment in a country when

  • A. land acquisition becomes centralized
  • B. imports of substitutes are reduced
  • C. waste in the firm is eliminated
  • D. subsidies to firms are decreased
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4440

The largest component of national income in developing countries consist of

  • A. profit
  • B. profit and rent
  • C. rent
  • D. wages and salaries
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