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2012年金融英語证书考试FECT模拟试题及答案-1
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2012年金融英语证书考试FECT模拟试题及答案-1
模拟试题
SECTION ONE (Compulsory):Answer all ten questions in this section. Each question carries 1 mark. 1. Multiple-choice questions: from the following four options, select a correct and fill in its labeling the brackets. (A total of 10 points) 1. Only what happens if the supply is less than demand? ( ) A. actual price is lower than the equilibrium price B. actual price is higher than the equilibrium price C. equilibrium price equivalent to the actual price D. eliminate the scarcity of goods 2. When the Consumer income and established conditions for commodity prices is still, consumers can buy the two commodities to the greatest number of combinations. What did the Line call? ( ) A. No difference curve B. consumption may Line C. Line and its output D. enterprise budget line 3. Opportunity cost: ( ) A. Is always measurable in money terms. B. Is an indicator of productivity performance. C. Relates peculiarly to business affairs alone. D. Measures the cost of doing x in terms of what else might be done. 4. The normal downward slope of demand curves is necessarily explained by: ( ) A. Growth in the size of the population. B. The adroitness of advertisers. C. Limited spending power. D. Technological advance. 5. For a closed two-good economy, the output of the two goods should be at the point where: ( ) A. The highest indifference curve touches the production possibility curve. B. The lowest indifference curve touches the production possibility curve. C. The indifference curve crosses the production possibility curve. D. The marginal cost curve touches the production possibility curve. 6. The J-curve shows that following depreciation: ( ) A. The quantity of exports fa
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