经济学选择题10道.docVIP

1. The scientific method is not applicable to the study of economics because economics is not a true science. A True B False 2. Hypotheses derived from economic analysis can be validated through empirical analysis, but hardly ever with absolute certainty. A True B False 3. Which of the following statements relates to the concept of efficiency A The absence of waste. B Using resources as effectively as possible. C Being able to produce more of one good only by producing less of something else. D All the above. E b. and c. only. Use the following to answer question 4: Figure 1 4. Figure 1 displays the production-possibilities of two countries. Given that both countries produce five units of x, which of the following best describes country Bs production of y A Less than country As production of y. B The same as country As production of y. C More than country As production of y. D Cannot be determined from the graph. E None of the above. 5. Mass unemployment of resources means society operates inside its production-possibility frontier. A True B False 6. If two goods use the same resources and the same technology, the production possibilities curve between the two goods will have a positive slope. A True B False 7. It is scarcity that makes goods economic goods. A True B False 8. Which of the following is the most basic of the subjects with which the study of economics must try to deal A Markets. B Money. C Profit seeking. D The price mechanism. E Scarcity. 9. Poor money management by the government, aside from increasing the unemployment rate, will have a relatively small effect on the economy. A True B False Use the following to answer question 10: Figure 2 10. In Figure 2, what is Country Bs cost of producing 1 unit of x in terms of y A 10 units of y. B 1/2 units of y. C 5 units of y. D 2 units of y. E None of the above. 11. Barter is inconvenient because: A bargaini