微观经济学题库Word文档格式.docx
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微观经济学题库Word文档格式.docx
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three
(3)
from
following
five
(5)
short
fifteen
(15)
marks.
II.
Term
definition
(2
points
per
each.
20
in
total)
III.
Discussion
(4
Chapter1
Whatistheopportunitycostofseeingamovie?
ANW:
the
opportunity
cost
of
seeing
a
movie
includes
monetary
admission
plus
time
going
theater
and
attending
show.
The
depends
on
what
else
you
might
do
with
that
time;
if
it'
s
staying
home
watching
TV,
may
be
small,
but
working
an
extra
hours
at
your
job,
money
could
have
earned.
Whatdoesthe“invisiblehand”ofthemarket-placedo?
The
"
invisible
hand"
marketplace
represents
idea
even
though
individuals
firms
are
all
acting
their
own
self-interest,
prices
guide
them
good
society
as
whole.
Chapter2
Drawandexplainaproductionpossibilitiesfrontierforaneconomythatproducescomputerandcar.
Drawandexplainacircularflowforaneconomy
Chapter4
case
study
presented
chapter
discussedcigarette
taxes
way
reduce
smoking.
Now
thinkabout
markets
other
tobacco
products
such
ascigars
chewing
tobacco.
a.Are
these
goods
substitutes
or
complements
forcigarettes?
b.Using
supply-and-demand
diagram,
show
whathappens
cigars
chewingtobacco
tax
cigarettes
increased.
c.If
policymakers
wanted
total
tobaccoconsumption,
policies
they
combinewith
cigarette
tax
ANS:
a.
Cigars
cigarettes,
since
higher
price
would
increase
demand
tobacco.
b.
An
leads
increased
result,
shown
Figure
25
cigars,
rise
both
equilibrium
quantity
c.
results
part
(b)
showed
people
substitute
when
rises.
To
usage,
also
want
tobacco,
pursue
some
type
public
education
program.
90.AveryhotsummerinAtlantawillcause
a.
thedemandcurveforlemonadetoshifttotheleft.
b.
thedemandforairconditionerstodecrease.
c.
thedemandforjacketstodecrease.
d.
amovementdownwardandtotherightalongthedemandcurvefortanktops.
91.Ifastudybymedicalresearchersfoundthatbrownsugarcausedweightlosswhilewhitesugarcausedweightgain,thenwelikelywouldsee
anincreaseindemandforbrownsugarandadecreaseindemandforwhitesugar.
adecreaseindemandforbrownsugarandanincreaseindemandforwhitesugar.
anincreaseindemandforbothbrownsugarandwhitesugar.
nochangeindemandforeithertypeofsugarbecauseweightlossisnotadeterminantofdemand.
92.Whichofthefollowingeventscouldshiftthedemandcurveforgasolinetotheleft?
Theincomeofgasolinebuyersrises,andgasolineisanormalgood.
Theincomeofgasolinebuyersfalls,andgasolineisaninferiorgood.
Publicserviceannouncementsrunontelevisionencouragepeopletowalkorridebicyclesinsteadofdrivingcars.
Thepriceofgasolinerises.
93.Anincreaseinthenumberofcollegescholarshipsissuedbyprivatefoundationswould
increasethesupplyofeducation.
decreasethesupplyofeducation.
increasethedemandforeducation.
decreasethedemandforeducation.
94.Today,peoplechangedtheirexpectationsaboutthefuture.Thischange
cancauseamovementalongademandcurve.
canaffectfuturedemand,butnottoday’sdemand.
canaffecttoday’sdemand.
cannotaffecteithertoday’sdemandorfuturedemand.
95.IfJuanexpectstoearnahigherincomenextmonth,hemaychooseto
savemorenowandspendlessofhiscurrentincomeongoodsandservices.
savelessnowandspendmoreofhiscurrentincomeongoodsandservices.
decreasehiscurrentdemandforgoodsandservices.
movealonghiscurrentdemandcurvesforgoodsandservices.
96.Youlovepeanutbutter.Youhearonthenewsthat50percentofthepeanutcropintheSouthhasbeenwipedoutbydrought,andthatthiswillcausethepriceofpeanutstodoublebytheendoftheyear.Asaresult,
yourdemandforpeanutbutterwillincrease,butnotuntiltheendoftheyear.
yourdemandforpeanutbutterincreasestoday.
yourdemandforpeanutbutterdecreasesasyoulookforasubstitutegood.
yourdemandforpeanutbuttershiftslefttoday.
Letthedemandandsupplyforagoodbegivenby
qd=1600−38p
qs=2p+400
Whatistheequilibriumquantityandprice?
Figure4-4
Panel(a)Panel(b)
110.RefertoFigure4-4.Thegraphsshowthedemandforcigarettes.InPanel(a),thearrowsareconsistentwithwhichofthefollowingevents?
Thepriceofmarijuana,acomplementtocigarettes,increased.
Mandatoryhealthwarningswereplacedoncigarettepackages.
SeveralforeigncountriesbannedU.S.cigarettesintheircountries.
Ataxwasplacedoncigarettes.
111.RefertoFigure4-4.Thegraphsshowthedemandforcigarettes.InPanel(a),thearrowsareconsistentwithwhichofthefollowingevents?
Tobaccoandmarijuanaarecomplementsandthepriceofmarijuanadecreased.
Tobaccoisa“gatewaydrug”andthepriceofmarijuanaincreased.
Thepriceofcigarettesincreased.
Thearrowsareconsistentwithalloftheseevents.
112.RefertoFigure4-4.Thegraphsshowthedemandforcigarettes.InPanel(b),thearrowsareconsistentwithwhichofthefollowingevents?
Theprohibitionofcigaretteadvertisementsontelevision.
108.Whensupplyanddemandbothincrease,equilibrium
pricewillincrease.
pricewilldecrease.
quantitymayincrease,decrease,orremainunchanged.
pricemayincrease,decrease,orremainunchanged.
109.Supposethatdemandforagoodincreasesand,atthesametime,supplyofthegooddecreases.Whatwouldhappeninthemarketforthegood?
Equilibriumpricewoulddecrease,buttheimpactonequilibriumquantitywouldbeambiguous.
Equilibriumpricewouldincrease,buttheimpactonequilibriumquantitywouldbeambiguous.
Equilibriumquantitywoulddecrease,buttheimpactonequilibriumpricewouldbeambiguous.
Equilibriumquantitywouldincrease,buttheimpactonequilibriumpricewouldbeambiguous.
110.Aweakerdemandtogetherwithastrongersupplywouldnecessarilyresultin
alowerprice.
ahigherprice.
anincreaseinequilibriumquantity.
adecreaseinequilibriumquantity.
111.Supposethatdemandforagooddecreasesand,atthesametime,supplyofthegooddecreases.Whatwouldhappeninthemarketforthegood?
112.Supposethenumberofbuyersinamarketincreasesandatechnologicaladvancementoccursalso.Whatwouldweexpecttohappeninthemarket?
113.Supposetheincomesofbuyersinamarketforaparticularnormalgooddecreaseandthereisalsoareductionininputprices.Whatwouldweexpecttooccurinthismarket?
114.Whatwouldhappentotheequilibriumpriceandquantityofcoffeeifthewagesofcoffee-beanpickersfellandthepriceofteafell?
Pricewouldfallandtheeffectonquantitywouldbeambiguous.
Pricewouldriseandtheeffectonquantitywouldbeambiguous.
Quantitywouldfallandtheeffectonpricewouldbeambiguous.
Quantitywouldriseandtheeffectonpricewouldbeambiguous.
115.Musiccompactdiscsarenormalgoods.Whatwillhappentotheequilibriumpriceandquantityofmusiccompactdiscsifmusiciansacceptlowerroyalties,compactdiscplayersbecomecheaper,morefirmsstartproducingmusiccompactdiscs,andmusicloversexperienceanincreaseinincome?
Pricewillfallandtheeffectonquantityisambiguous.
Pricewillriseandtheeffectonquantityisambiguous.
Quantitywillfall
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