微观经济学 题库Word下载.docx
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微观经济学 题库Word下载.docx
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Previousedition,Chapter1
AACSB:
ReflectiveThinking
2)Alleconomicquestionsarisebecausewe
A)wantmorethanwecanget.
B)wantmorethanweneed.
C)haveanabundanceofresources.
D)havelimitedwantsthatneedtobesatisfied.
A
3)Economicsisbestdefinedasthestudyofhowpeople,businesses,governments,andsocieties
A)chooseabundanceoverscarcity.
B)makechoicestocopewithscarcity.
C)usetheirinfiniteresources.
D)attainwealth.
B
Conceptual
4)Scarcityisasituationinwhich
A)peoplecannotsatisfyalltheirwants.
B)mostpeoplecangetonlybarenecessities.
C)peoplecansatisfyalltheirwants.
D)somepeoplecangetalltheywantandsomecannot.
5)Economistspointoutthatscarcityconfronts
A)neitherthepoornortherich.
B)thepoorbutnottherich.
C)therichbutnotthepoor.
D)boththepoorandtherich.
D
EthicalReasoning
6)Scarcityis
A)ourinabilitytosatisfyallourwants.
B)asituationthatexistsduringeconomicrecessionsbutnotduringeconomicbooms.
C)eliminatedbychoices.
D)aneconomicproblemonlyforpoorpeople.
Modified10thedition
7)Whenaneconomisttalksofscarcity,theeconomistisreferringtothe
A)abilityofsocietytoemployallofitsresources.
B)abilityofsocietytoconsumeallthatitproduces.
C)inabilityofsocietytosatisfyallhumanwantsbecauseoflimitedresources.
D)abilityofsocietytocontinuallymaketechnologicalbreakthroughsandincreaseproduction.
8)Fundamentaleconomicproblemsbasicallyarisefrom
A)thefactthatsocietyhasmorethanitneeds.
B)turmoilinthestockmarket.
C)theunequaldistributionofincome.
D)ourwantsexceedingourscarceresources.
9)Scarcityexistsbecause
A)societyandpeoplearegreedyandwasteful.
B)ourwantsexceedtheresourcesavailabletosatisfythem.
C)oftheinefficientchoiceswemake.
D)poorpeopleneedmorefoodandothergoods.
10)Scarcitycanbeeliminatedthrough
A)theuseofmarketmechanisms.
B)explorationthathelpsusfindnewresources.
C)wiseuseofourresources.
D)Noneoftheabovebecausescarcitycannotbeeliminated.
11)Asaneconomicconcept,scarcityappliesto
A)bothmoneyandtime.
B)moneybutnottime.
C)timebutnotmoney.
D)neithertimenormoney.
12)Ineveryeconomicsystem,choicesmustbemadebecauseresourcesare________andourwantsare________.
A)unlimited;
limited
B)limited;
unlimited
C)unlimited;
D)limited;
13)Theproblemof"
scarcity"
applies
A)onlyinindustriallydevelopedcountriesbecauseresourcesarescarceinthesecountries.
B)onlyinunderdevelopedcountriesbecausetherearefewproductiveresourcesinthesecountries.
C)Onlyineconomicsystemsthatarejustbeginningtodevelopbecausespecializedresourcesarescarce.
D)toalleconomicsystems,regardlessoftheirlevelofdevelopment.
14)Scarcityrequiresthatpeoplemust
A)cooperate.
B)compete.
C)trade.
D)makechoices.
15)Peoplemustmakechoicesbecause
A)mostpeopleenjoyshopping.
B)ofscarcity.
C)therearemanygoodsavailable.
D)Noneoftheaboveanswersiscorrect.
16)Anincentive
A)couldbearewardbutcouldnotbeapenalty.
B)couldbeapenaltybutcouldnotbeareward.
C)couldbeeitherarewardorapenalty.
D)istheoppositeofatradeoff.
Incentive
17)Aninducementtotakeaparticularactioniscalled
A)themarginalbenefit.
B)themarginalcost.
C)opportunitycost.
D)anincentive.
18)Economicsisbestdefinedas
A)howpeoplemakemoneyandprofitsinthestockmarket.
B)makingchoicesfromanunlimitedsupplyofgoodsandservices.
C)makingchoiceswithunlimitedwantsbutfacingascarcityofresources.
D)controllingabudgetforahousehold.
DefinitionofEconomics
19)Thestudyofeconomics
A)focusesmainlyonindividualconsumers.
B)arisesfromthefactthatourwantsexceedavailableresources.
C)recognizesthatscarcitydoesnotaffectrichnations.
D)dealsmainlywithmicroeconomics.
20)Economicsisbestdefinedasthescienceofchoiceandhowpeoplecopewith
A)differencesinwants.
B)differencesinneeds.
C)scarcity.
D)differenteconomicsystems.
21)Economicsisthestudyof
A)thedistributionofsurplusgoodstothoseinneed.
B)affluenceinamorallybankruptworld.
C)thechoiceswemakebecauseofscarcity.
D)waystoreducewantstoeliminatetheproblemofscarcity.
22)Thestudyofthechoicesmadebyindividualsispartofthedefinitionof
A)microeconomics.
B)positiveeconomics.
C)macroeconomics.
D)normativeeconomics.
MicroeconomicsandMacroeconomics
23)Inpart,microeconomicsisconcernedwith
A)howabusinessfirmdecidesupontheamountitproducesandthepriceitsets.
B)changesintheeconomy'
stotaloutputofgoodsandservicesoverlongperiodsoftime.
C)factorsthatexplainchangesintheunemploymentrateovertime.
D)theFederalReserve'
spolicydecisions.
24)Thestudyofthedecisionsofindividualunitsintheeconomyisknownas
A)macroeconomics.
B)microeconomics.
C)thestudyofincentives.
D)ceterisparibusstudy.
25)Studyingthedeterminationofpricesinindividualmarketsisprimarilyaconcernof
A)positiveeconomics.
B)negativeeconomics.
D)microeconomics.
26)Theanalysisofthebehaviorofindividualdecision-makingunitsisthedefinitionof
27)Whichofthefollowingisamicroeconomictopic?
A)HowatradeagreementbetweentheUnitedStatesandMexicoaffectsbothnations'
unemploymentrates.
B)Comparinginflationratesacrosscountries.
C)Howrentceilingsimpactthesupplyofapartments.
D)Howataxrateincreasewillimpacttotalproduction.
28)WhichofthefollowingquestionsisNOTamicroeconomicquestion?
A)CantheFederalReservekeepincomegrowingbycuttinginterestrates?
B)Howwouldataxone-commerceaffecteBay?
C)WhatisBritney'
sopportunitycostofhavinganotherbaby?
D)DoestheUnitedStateshaveacomparativeadvantageininformationtechnologyservices?
29)Whichof
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