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 4 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Economics (Indian Economic Development) Chapter 7 Employment Growth, Informalisation And Other Issues Quiz 4 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. What is unemployment A) Being without a job while willing and able to work. B) Being without a job while unwilling but able to work. C) Being without a job while willing but unable to work. D) Being without a job while unwilling and unable to work. Show Answer Correct Answer: A) Being without a job while willing and able to work. 2. Involuntary unemployment occurs when: A) Workers voluntarily leave their jobs for personal reasons. B) Workers are unable to find work despite being willing and able to work at the prevailing wage rate. C) Workers are employed in part-time jobs by choice. D) People retire before the legal retirement age. Show Answer Correct Answer: B) Workers are unable to find work despite being willing and able to work at the prevailing wage rate. 3. Having personal contacts at a job gives an applicant little to no advantages and will NOT cause them to stand out. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 4. Jason's Deli hires Sam as a consultant to improve the menu. The CEO assigns the VP of Marketing to assist the consultant. In this scenario, Jason's Deli is the: A) Independent contractor. B) Employee. C) Employer. D) Agend. Show Answer Correct Answer: C) Employer. 5. Average propensity to Consume is equal to:- A) Y/C. B) $\Delta$Y/$\Delta$S. C) C/Y. D) $\Delta$C/$\Delta$Y. Show Answer Correct Answer: C) C/Y. 6. Umowa zlecenia A) Contracts of mandate. B) Contracts to perform a specified task or work. C) For the time of completion of a specified task. D) Contracts of management. Show Answer Correct Answer: A) Contracts of mandate. 7. Which of the following is the legal term for the bargain occurring when one party gives something up and another party receives something in return? A) Offer. B) Counteroffer. C) Consideration. D) Negotiation. Show Answer Correct Answer: C) Consideration. 8. Someone who receives training from an employer, and earns a qualification at the end of the training A) Apprentice. B) Employed. C) Volunteer. D) Full-Time. Show Answer Correct Answer: A) Apprentice. 9. The form that is used to complete the 1040 and 1040N tax returns is the A) W-4 Form. B) W-2 Form. C) 1040 Form. D) 1040N Form. Show Answer Correct Answer: B) W-2 Form. 10. Hired workers may be ..... workers or casual workers. A) Regular. B) Self-employed. C) Informal. D) None of these. Show Answer Correct Answer: A) Regular. 11. A position taken by a student or trainee who works to gain experience or fulfill a qualification, without pay A) Internship. B) Contractor. C) Entrepreneur. D) Full-Time. Show Answer Correct Answer: A) Internship. 12. Unemployment that occurs at certain seasons of the year is known as- A) Seasonal Unemployment. B) Open unemployment. C) Hidden Unemployment. D) Educational Unemployment. Show Answer Correct Answer: A) Seasonal Unemployment. 13. There are various jobs ..... for them:animal caretakers, waiters, shop assistants etc. A) Offer. B) Present. C) Stressful. D) Available. Show Answer Correct Answer: D) Available. 14. The number of persons who are actually employed at a particular time are known as labour force A) True. B) FALSE. C) All the above. D) None of the above. Show Answer Correct Answer: B) FALSE. 15. Robert was fired from his manufacturing job without cause. Which benefit is Robert entitled to receive from this situation? A) Employment at will. B) Unemployment compensation. C) Unpaid vacation leave. D) Workers compensation. Show Answer Correct Answer: B) Unemployment compensation. 16. The authors' mention of a 4% wage increase for men entering female-dominated jobs is an appeal to: A) Personal experience. B) Emotional response. C) Expert authority. D) Statistical evidence. Show Answer Correct Answer: D) Statistical evidence. 17. Which of the following statements is true about education and lifetime earnings? A) Generally, the less education you receive, the higher your lifetime earnings will be. B) Generally, the more education you receive, the lower your lifetime earnings will be. C) There is no relationship between the level of education received and lifetime earnings. D) Generally, the more education you receive, the higher your lifetime earnings will be. Show Answer Correct Answer: D) Generally, the more education you receive, the higher your lifetime earnings will be. 18. What is your address? A) The country you live in. B) The house number, street name, town or city + your postcode. C) How old you are. D) None of the above. Show Answer Correct Answer: B) The house number, street name, town or city + your postcode. 19. An agreement where an employee can be discharged at any time without liability for breach. A) Employment at will. B) Union contract. C) Due process. D) Implied agreement. Show Answer Correct Answer: A) Employment at will. 20. Which of the following would you need in order to fill out your 1040? A) Your credit card statement. B) Your job offer. C) Your W-2. D) Your employer benefits documentation. Show Answer Correct Answer: C) Your W-2. 21. ..... ratio is calculated by dividing total number of workers in India by the population in India and multiplying it by 100. A) Non-worker ratio. B) Participation ratio. C) Not known. D) Both. Show Answer Correct Answer: B) Participation ratio. 22. What legislation governs the protection of personal data within the EU? A) General Data Protection Regulation (GDPR). B) Consumer Protection Act. C) Employment Rights Act. D) Health and Safety at Work Act. Show Answer Correct Answer: A) General Data Protection Regulation (GDPR). 23. Ted worked at a factory that was destroyed by fire. What benefit should Ted receive? A) Implied employment agreement. B) Express employment agreement. C) Unemployment compensation. D) Workers compensation. Show Answer Correct Answer: C) Unemployment compensation. 24. The number of persons who are actually employed at a particular time are known as- A) Labour Force. B) Work Force. C) Child Labour. D) Agriculture force. Show Answer Correct Answer: B) Work Force. 25. Action taken by employees of a company as a protest, especially striking or working to rule. A) Go-Slow. B) Industrial Action. C) Industrial Democracy. D) Deadlock. E) Work-to-Rule. Show Answer Correct Answer: B) Industrial Action. ← 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 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 10Class 11 Economics (Indian Economic Development) Chapter 7 Employment Growth, Informalisation And Other Issues Quiz 11 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books