This quiz works best with JavaScript enabled. Home > Class 11 > Class 11 Economics (Indian Economic Development) Chapter 7 Employment Growth, Informalisation And Other Issues – Quiz 19 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Economics (Indian Economic Development) Chapter 7 Employment Growth, Informalisation And Other Issues Quiz 19 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. What does the W-2 form tell you? A) How much you've earned and how much taxes you've paid in the last year. B) When to file your tax return. C) How much federal income tax your employer will withhold from your paycheck. D) How often your employer will be paying you. Show Answer Correct Answer: A) How much you've earned and how much taxes you've paid in the last year. 2. If the notebook is a final good, what is an intermediate good? A) Paper. B) Wood pulp. C) Tree. D) Water. Show Answer Correct Answer: A) Paper. 3. A recently graduated college student waiting to start their first accepted job is counted as employed. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 4. Which term is defined as the total number of people who reside in a particular locality at a particular point of time. A) Worker. B) Growth. C) Population. D) Employment. Show Answer Correct Answer: C) Population. 5. Choose the correct definition:penalize A) Give punishment. B) Escape punishment. C) All the above. D) None of the above. Show Answer Correct Answer: A) Give punishment. 6. What is employment? A) A skill. B) Having a paid job. C) A paper that proves you went to university. D) A car. Show Answer Correct Answer: B) Having a paid job. 7. Person or entity that agrees to provide goods or services at a mutually agreed upon price and within a specified timeframe for another (may or may not pay own government taxes). Examples:accountant, training specialist, computer technician, legal services, consulting services, house renovations, DJ, singer, dancer A) Flex-time. B) Full-time. C) Part-time. D) Contractor. Show Answer Correct Answer: D) Contractor. 8. You were unable to file your taxes before the April deadline and your application for an extension was approved. What month was your deadline extended to? A) May. B) October. C) December. D) January. Show Answer Correct Answer: B) October. 9. What is a cost of unemployment? A) Low productivity. B) Lost output. C) Higher tax revenue. D) Reduced inflationary pressure. Show Answer Correct Answer: A) Low productivity. 10. Which type of employment hires at specific times of the year or for a specific project? A) Contract employment. B) Part-time employment. C) Seasonal or temporary employment. D) Full-time employment. Show Answer Correct Answer: C) Seasonal or temporary employment. 11. Bulk of self employment is found in ..... A) Urban Areas. B) Rural Areas. C) Tertiary Sector. D) Secondary Sector. Show Answer Correct Answer: B) Rural Areas. 12. The authors' tone when discussing gender inequality can best be described as: A) Passionate. B) Objective. C) Accusatory. D) Dismissive. Show Answer Correct Answer: B) Objective. 13. A work arrangement in which an employee works mainly from home and communicates with the company by email and telephone. Examples:software developer, customer service representative, writer A) Remote work or Telework. B) Full-Time. C) Part-Time. D) Apprenticeship. Show Answer Correct Answer: A) Remote work or Telework. 14. The title for a single woman A) Miss. B) Mrs. C) Ms. D) None of the above. Show Answer Correct Answer: A) Miss. 15. Work that a person is paid to do is called ..... A) Employment. B) Voluntary. C) Helping. D) None of the above. Show Answer Correct Answer: A) Employment. 16. In Determination of Equilibrium level of Income by AD-AS approach, AD is represented by:- A) C + I. B) C + S. C) S + I. D) C + Y. Show Answer Correct Answer: A) C + I. 17. Part-time employment involves how many hours of work each week? A) More than 40 hours. B) Between 40 and 35. C) Between 35 and 30. D) Less than 30 hours. Show Answer Correct Answer: D) Less than 30 hours. 18. A 15 year old high school student (with working papers) employed by Lowe's is not counted in the unemployment rate. A) True. B) Fasle. C) All the above. D) None of the above. Show Answer Correct Answer: B) Fasle. 19. Discharge of an employee for a reason prohibited by law. A) Discharge for cause. B) Discharge without cause. C) Wrongful discharge. D) Termination. Show Answer Correct Answer: C) Wrongful discharge. 20. ..... is the main source of employment for majority of workers in India A) Primary Sector. B) Secondary Sector. C) Service Sector. D) None of the above. Show Answer Correct Answer: A) Primary Sector. 21. Population explosion is one of the reason for increasing unemployment in the country A) True. B) FALSE. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 22. If you stay with the same company for a long time you may have better chances to get a/an ..... A) Demotion. B) Bonus. C) Retirement. D) Promotion. Show Answer Correct Answer: D) Promotion. 23. Which cards would be needed to work at Starbucks A) Nevada IDFood Handler Card. B) School ID Food Handler Card. C) Sheriff's Card. D) Drivers License. Show Answer Correct Answer: A) Nevada IDFood Handler Card. 24. ..... helps people to afford their needs and wants. A) Employment. B) Shopping. C) Sailing. D) None of the above. Show Answer Correct Answer: A) Employment. 25. Inflation Rate = A) CPI Current Year-CPI of Previous Year/CPI of Previous Year X 100. B) CPI of Base Year-CPI of Current Year/CPI of Current Year X 100. C) PPI / CPI X 100. D) PPI X CPI / 100. Show Answer Correct Answer: A) CPI Current Year-CPI of Previous Year/CPI of Previous Year X 100. ← PreviousNext →Related QuizzesClass 11 Economics (Indian Economic Development) Chapter 7 Employment Growth, Informalisation And Other Issues Quiz 1Class 11 Economics (Indian Economic Development) Chapter 7 Employment Growth, Informalisation And Other Issues Quiz 2Class 11 Economics (Indian Economic Development) Chapter 7 Employment Growth, Informalisation And Other Issues Quiz 3Class 11 Economics (Indian Economic Development) Chapter 7 Employment Growth, Informalisation And Other Issues Quiz 4Class 11 Economics (Indian Economic Development) Chapter 7 Employment Growth, Informalisation And Other Issues Quiz 5Class 11 Economics (Indian Economic Development) Chapter 7 Employment Growth, Informalisation And Other Issues Quiz 6Class 11 Economics (Indian Economic Development) Chapter 7 Employment Growth, Informalisation And Other Issues Quiz 7Class 11 Economics (Indian Economic Development) Chapter 7 Employment Growth, Informalisation And Other Issues Quiz 8Class 11 Economics (Indian Economic Development) Chapter 7 Employment Growth, Informalisation And Other Issues Quiz 9Class 11 Economics (Indian Economic Development) Chapter 7 Employment Growth, Informalisation And Other Issues Quiz 10 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books