经济学1-3(Economics 1-3).docVIP

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经济学1-3(Economics 1-3) 1. Economics can be defined as () C studies how best to allocate scarce resources for many USES 2. The points within the production probability curve are indicated () B unemployment or resources are not fully utilized 3. The curve concave to the origin (i.e. outward bulge) reflects the increasing rule of B cost 4. To say that scarcity of resources means that (B) resources are always inadequate relative to the needs of resources 5. The reason why the demand and price is in the opposite direction is because (C) the two effects of C are at the same time A substitution effect; B income effect; None of the above is correct. 6. Which of the following would lead to a countrys production of the probability curve to move outward () C useful resources or technological advances A job losses. B inflation; D consumer goods production increased and capital goods production decreased. Economic goods refer to items that are useful and scarce. 8. The difference in the same indifference curve means that B has the same level of utility, but the proportion of the two goods consumed is different 9. Any of the following factors will cause the demand curve to move () B commodity prices to fall A buyer (consumer) income change; C. other related commodity prices fall; D consumer preference changes. 10. Under equilibrium, the total utility of the goods purchased by the consumer must be () the total utility of the money he has paid. B is equal to 11. Consumer surplus is consumers () B subjective feeling 12. When demand and supply are reduced at the same time (). The change in equilibrium price of C is uncertain, and the equilibrium volume will be reduced 13. The most immediate impact of A falling commodity price on its complementarity is that the demand curve of A complements is moving to the right 14. What is the only question that society chooses to answer on its production possibilities curve? () C for whom A how to produce; B production of what; Where D is produced.

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