经济学在线作业1（Economics online homework 1）.docVIP

经济学在线作业1（Economics online homework 1） Your score for this assignment is 97 points Radio examination 1. which of the following will cause a countrys production possibility curve to move outward (?) A unemployment; B inflation; C availability, resource availability, or technological advances; D consumer goods production increased, capital goods production declined. The correct answer: C Radio examination 2. economic goods means () A useful things; B scarce items; C things to buy with money; D useful and scarce items. The correct answer: D Radio examination 3. economics can be defined as () A government intervention in the market system; B enterprises profit activities; C studies how to best allocate scarce resources for many uses; D people live on income. The correct answer: C Radio examination 4., scarcity of resources means () A most people in the world live in poverty; B relative to resource requirements, the resources are always inadequate; C resources must be reserved for the next generation; D the worlds resources will eventually be depleted by the production of more goods and services. The correct answer: B Radio examination 5. represents the point below the production possibility curve A inflation; B unemployment, or resources, is not fully utilized; C the availability of resources in the country is reduced and the level of technology is lowered; D one of the most suitable levels of production. The correct answer: B Radio examination 6., the production possibility curve is concave toward the origin (i.e., projecting outward) A resources are equally efficient in all production activities; Increasing law of B cost; C there are government policies; D the unemployment rate is high. The correct answer: B Radio examination 7., the demand and price are in reverse direction, because () The role of A substitution effect; The role of the B income effect; C these two effects act simultaneously; D or more is incorrect. The correct answer: C Radio examination 8., when dema