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 5 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Economics (Indian Economic Development) Chapter 7 Employment Growth, Informalisation And Other Issues Quiz 5 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. The incarcerated population is not counted in unemployment statistics. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 2. Workers hired on a permanent basis who get social security benefits are called: A) Casual workers. B) Regular workers. C) Self employed workers. D) None of these. Show Answer Correct Answer: B) Regular workers. 3. What is an occupation? A) A country. B) A part of an airport. C) A work schedule. D) A job or profession. Show Answer Correct Answer: D) A job or profession. 4. What are qualifications? A) Skills, knowledge, and experience for a job. B) Having a paid job. C) An occupation for a significant period. D) A job or profession. Show Answer Correct Answer: A) Skills, knowledge, and experience for a job. 5. Common law governs the sale of goods. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 6. The article's discussion of economic devaluation of "women's work" primarily appeals to: A) Logic and reason. B) Emotional response. C) Statistical data. D) Expert authority. Show Answer Correct Answer: B) Emotional response. 7. An official document that gives permission to a foreigner or minor to work under limited circumstances. A) Drivers License. B) Work Permit. C) Contract. D) None of the above. Show Answer Correct Answer: B) Work Permit. 8. It is a description of WHAT the employees value in the company as an employer: A) TRP. B) EVP. C) SMART. D) VPE. Show Answer Correct Answer: B) EVP. 9. The authors' use of statistical data about male nurses (13%) primarily appeals to: A) Ethos. B) Pathos. C) Personal opinion. D) Logos. Show Answer Correct Answer: D) Logos. 10. Most jobs are considered at-will employment, particularly entry-level jobs. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 11. The article's overall purpose is to A) Argue that men have no place in women-dominated fields. B) Advocate for women losing jobs to men. C) Report on a growing trend about careers for men and women. D) Educate the general public about job shortages. Show Answer Correct Answer: C) Report on a growing trend about careers for men and women. 12. The Federal Insurance Contributions Act (FICA) includes what 2 MANDATORY taxes? A) Education and Health Care. B) Social Security and Medicare. C) Medicare and Military. D) Social Security and Military. E) Military and Agriculture. Show Answer Correct Answer: B) Social Security and Medicare. 13. A product sale is considered a contract. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 14. You are required to file a tax return in all of the following scenarios EXCEPT ..... A) You made $ 25, 000 working a full-time job. B) You made $ 3, 000 from investments in the stock market. C) You were self-employed and made $ 2, 500. D) You made $ 9, 000 working a part-time job. Show Answer Correct Answer: D) You made $ 9, 000 working a part-time job. 15. Saying or doing something that you do not really think or believe means being A) Reserved. B) Immature. C) Insecure. D) Insincere. Show Answer Correct Answer: D) Insincere. 16. A person who identifies a need and starts a business to fill that void; the persistent progression toward an innovative solution to a key problem. Example Owners:Barbers who open their shop, startups, music recording companies, mobile app developers, clothing designers (a) A) Employee. B) Freelancer. C) Contractor. D) A. Entrepreneur. Show Answer Correct Answer: D) A. Entrepreneur. 17. The gap by which actual aggregate demand exceeds the aggregate demand required to establish full employment equilibrium is known as ..... A) Deficient demand. B) Deflationary gap. C) Inflationary gap. D) Excess demand. Show Answer Correct Answer: C) Inflationary gap. 18. Although it's tempting to spend your holiday time working and earning money, it's not a good idea to forget about your education. Most young people get a job when they finish their education. And they need to begin thinking about ..... choices in secondary school. A) Career. B) Employment. C) Trade. D) Job. Show Answer Correct Answer: A) Career. 19. Means agents must not work for one of the principal's competitors or make deals that benefit themselves A) Cooperation. B) Good faith. C) Loyalty. D) Judgement. Show Answer Correct Answer: C) Loyalty. 20. Somebody you cannot trust is A) Insecure. B) Bad-tempered. C) Dishonest. D) Stubborn. Show Answer Correct Answer: C) Dishonest. 21. Which of the following is the correct definition of "Full Employment" ? A) All workers are employed at all times. B) Only skilled workers are employed. C) Every person who wants to work can find employment at the prevailing wage rate. D) Unemployment is zero at all times. Show Answer Correct Answer: C) Every person who wants to work can find employment at the prevailing wage rate. 22. Choose the correct definition:wage A) Money paid for a number of hours. B) Monthly payment. C) All the above. D) None of the above. Show Answer Correct Answer: A) Money paid for a number of hours. 23. An employee that works more than 35 hours per week A) Casual. B) Seasonal. C) Full-Time. D) Part-Time. Show Answer Correct Answer: C) Full-Time. 24. Choose the correct suffix to make the word a noun for a person:physic A) -ist. B) -ee. C) -er. D) -or. Show Answer Correct Answer: A) -ist. 25. Which of these is NOT a characteristic of an unemployed person? A) He/she does not work. B) He/she has made specific efforts to find a job. C) He/she is laid off from a job in the succeeding months. D) He/she is undergoing a career change. Show Answer Correct Answer: A) He/she does not work. ← 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 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