微观经济学英文作业答案(chap1-chap13).docVIP

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微观经济学英文作业答案(chap1-chap13)

Microeconomics, 8e (Parkin) Testbank 2 Answer(chap1-chap13) Chapter 1 What Is Economics? 1) An inducement to take a particular action is called Answer: D 2) All economic questions arise because we Answer: A 3) All economic questions arise because Answer: C 4) Scarcity is Answer: A 5) Scarcity arises from Answer: C 6) When an economist talks of scarcity, the economist is referring to the Answer: C 7) Scarcity is experienced by Answer: D 8) Fundamental economic problems basically arise from Answer: D 9) Scarcity exists because Answer: B 10) Scarcity can be eliminated through Answer: D 11) Scarcity is common to all economic systems because resources are Answer: D 12) People must make choices because Answer: B 13) The problem of scarcity applies Answer: D 14) When a wealthy businessman is unable to buy tickets to the Super Bowl, he or she experiences ________. Answer: B 15) In every economic system, choices must be made because resources are ________ and our wants are ________ Answer: B 16) The fundamental questions in economics result from Answer: D 17) Economics is best defined as Answer: C 18) The study of economics Answer: B 19) Economics is best defined as the science of choice and how people cope with Answer: C 20) Which of the following best defines the subject of economics? Answer: D Chapter 2 The Economic Problem 1) The production possibilities frontier represents Answer: C 2) A production possibilities frontier (PPF) Answer: B 3) Which of the following is NOT true concerning a societys production possibilities frontier (PPF)? Answer: D 4) A point outside a production possibilities frontier indicates Answer: B 5) A production possibilities frontier illustrates the maximum amount of two different goods that can be produced if Answer: A 6) Which of the following is NOT illustrated by a production possibilities frontier? Answer: D

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