CSS :: Human and Capital Resources
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21. |
The set of skills and abilities that workers possesses for the production of goods and serves is: |
A. |
Motivation |
B. |
Wealth |
C. |
Human capital |
D. |
Natural talent |
Answer: Option A
Explanation:
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22. |
Which of the following is capital: |
A. |
Toy of a child |
B. |
Plough of the farmer |
C. |
Calculator of the student |
D. |
Novel book in the library |
Answer: Option B
Explanation:
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23. |
Which is true: |
A. |
Capital depreciates |
B. |
Capital is primary factor of production |
C. |
Capital is not hireable |
D. |
Human capital is real capital |
Answer: Option A
Explanation:
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24. |
To the economist, investment refers to: |
A. |
Sale of real estate |
B. |
Creation of a new capital |
C. |
Purchase of a prize bond |
D. |
Decrease in inventories |
Answer: Option B
Explanation:
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25. |
A factory is an example of: |
A. |
Capital |
B. |
Scarcity |
C. |
Natural resources |
D. |
Entrepreneurship |
E. |
None of the above |
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Answer: Option A
Explanation:
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26. |
In an economy government constructed a new water reservoir (e.g Mangla Dam) for purpose of irrigation; this might be taken as: |
A. |
Increase in supply of capital |
B. |
Increase in supply of land |
C. |
Increase in supply of land and supply of capital |
D. |
None of the above |
Answer: Option A
Explanation:
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27. |
Which of the following is 'NOT' capital as economists use the term: |
A. |
An office building |
B. |
Machinery in a factory |
C. |
An industrial robot |
D. |
Money |
Answer: Option D
Explanation:
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28. |
Which of the following is a producer good: |
A. |
Pen |
B. |
Cycle |
C. |
Mobile phone |
D. |
Hammer |
Answer: Option D
Explanation:
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29. |
An example of money capital is: |
A. |
Cash |
B. |
Money in a savings account |
C. |
Prize bond |
D. |
Golden ring |
Answer: Option B
Explanation:
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30. |
It is true: |
A. |
Capital depreciates |
B. |
Capital is primary factor of production |
C. |
Capital is not hireable |
D. |
Human capital is real capital |
Answer: Option A
Explanation:
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