MCQs of Economics – Employment, Migration, And Urbanization

A production function:

Entrepreneurship is the:

In a production function Y = F(L,K,N,E,T) Y is:

Which of the following is not a capita good?

Labor skills are a major component of:

The openly unemployed in LDCs are usually from all of the following except:

The unemployment rate is the:

Which of the following is not TRUE about unemployed in LDCs?

The invisibly underemployed:

During the Great Depression workers in DCs who took inferior jobs as a result of being laid off were known as

The theoretical basis for zero marginal productivity of labor was the concept of

Disguised unemployed is:

Which of the following is not TRUE about rural urban migration?

According to Harris and Todaro, creating urban jobs by expanding industrial output

The Keynesian remedy for unemployment is to

The simplest explanation based on Lewis’s model for rural-urban migration is:

Policies to reduce factor price distortion include
I- Encouraging small-scale industry
II- Decreasing subsidies to capital investors
III- Reducing social security programs and payroll taxation
IV- Setting market-clearing exchange rates

Based on Nafziger and Auvinen’s study high unemployment rates
I- represent a vast underutilization of human resources
II- are potential source of social unrest and political discontent
III- are uncomerated with poverty and inequality in LCDs
IV- are associated with middle age rural uneducated males