Year 10 - Economics - 10-11-14

Thai Sikh International School

E-Learning Programme – Online Assignment –   06/ 11/2014

Name :                                                                                                          Subject :  Economics

Year   :  10 A & B                                                                                  Schedule No. :  4                               

Multiple Choice Questions.

Encircle your answer.

  1.      What is a non-wage factor that may influence a person’s choice of occupation?

a.       Bonuses

b.      Fringe benefits

c.       Overtime payments

d.      Salary

   2.      Piece rates are a method of payment to workers based on:

a.       How many hours they work

b.      When they work

c.       The output they produce

d.      The output they sell.

   3.      What would increase a woman’s choice of occupation?

a.       An increase in her qualifications

b.      An increase in transport costs

c.       An increase in gender discrimination

d.      An increase in housing costs

    4.      Which of the following would encourage someone to take up an occupation?

a.       An absence of fringe benefits

b.      Job security

c.       Long hours

d.      Short holidays

    5.      In which circumstance is a trade union most likely be able to raise the wages of its members?

a.       It is easy to replace workers with machines

b.      It is easy to replace unionized labour with non-unionised labour.

c.       The profits of the firms in the industry are low

d.      The share of labour costs in total costs is low

    6.      Which measure of strike activity indicates worker’s sentiment about the strike?

a.       The number of strikes

b.      The number of workers involved

c.       The amount of working time lost

d.      The amount of revenue lost by firms

    7.      Which of the following is not a function of a trade union?

a.       Improving working conditions

b.      Increasing  shareholder’s dividends

 c.       Raising members’ wages

 d.      Representing members’ interests

    8.      A trade union is pressing for a wage rise for its members.  Which of the following would increase its chances of being successful?

a.       An increase in productivity

b.      An increase in unemployment

c.       A decrease in profitability

d.      A decrease in union membership

    9.      What is most likely to cause a rise in expenditure in an economy?

a.       A rise in confidence

b.      A rise in income tax

c.       A reduction in wealth

d.      A more uneven distribution of income

    10.  What can cause a fall in saving?

a.       A rise in the range of financial institutions

b.      A fall in the rate of interest

c.       A rise in disposable income

d.      A fall in the rate of tax imposed on earnings from saving.

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