西方经济学微观1~2章助教版.docxVIP

微观经济学1-2章纸质练习姓名 班级 学号 分数Multiple Choice 30’1) Economics is best defined asA) how people make money and profits in the stock market.B) making choices from an unlimited supply of goods and services.C) making choices with unlimited wants but facing a scarcity of resources.D) controlling a budget for a household.Answer: C2) Scarcity exists becauseA) society and people are greedy and wasteful.B) our wants exceed the resources available to satisfy them.C) of the inefficient choices we make.D) poor people need more food and other goods.Answer: Answer: B3) After you graduate, you have decided to accept a position working at the Bureau of Labor Statistics for $45,000.00 a year. The two other offers you received were working for Wal-Mart for $38,000 and working for Ernst and Young consulting for $42,000. Of these two offers, you would have preferred the job at Ernst and Young. What is the opportunity cost of accepting the position at the Bureau of Labor Statistics?A) the $45,000 you are paid for working at the Bureau of Labor StatisticsB) the $42,000 you would have been paid working for Ernst and YoungC) the $38,000 you would have been paid working for Wal-MartD) the $42,000 you would have been paid working for Ernst and Young and the $38,000 you would have been paid working for Wal-MartAnswer: B4) Which of the following is a normative statement?A) Studying more hours leads to an increase in your GPA.B) An increase in tax rates means people work fewer hours.C) Taking extra vitamin C prevents catching a cold.D) States should require all motorcycle riders to wear helmets to reduce the number of riders killed.Answer: D5) a. The above figure shows how many pounds of peanuts farmers are willing to sell at different prices per pound of peanuts. If the price of a pound of peanuts is $1 and the price of a pound of pecans is $2, peanut farmers are willing to sellA) no peanuts.B) 1000 pounds of peanuts.C) 2000 pounds of peanuts.D) 4000 pounds of peanuts.Answer: Ab. In the figure