经济学教学资料(北大光华)Homework7, 15-11-27.pdfVIP

经济学教学资料(北大光华)Homework7, 15-11-27.pdf

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Homework 7 1. Which of the following can be used by the government to influence the private economy? A) Taxes on goods and services. B) Expenditures on certain goods and services. C) Regulations that direct people to perform or refrain from certain activities. D) All of the above. E) None of the above. 2. Which of the following is an appropriate economic goal for government in a mixed economy? A) Improving economic efficiency. B) Reducing economic inequality. C) Stabilizing the economy through macroeconomic policies. D) Conducting international economic policy. E) All of the above. 3. Which of the following are conditions that bind the invisible hand? A) All goods must be produced efficiently by perfectly competitive firms. B) All goods must be private goods. C) No externalities like pollution. D) Consumers and firms must be fully informed about the prices and goods they buy and sell. E) All of the above. Use the following to answer questions 4-7: Figure 16-1 B p u o r g f H o e m o c n I F E D G Income of group A 4. Which point in Figure 16-1 could represent an income distribution under a laissez-faire economy? A) E B) F C) G D) D E) All of the above. 5. What type of government activity would move the economy from E to F in Figure 16-1? A) Nuclear war. B) High taxes. C) Public health spending. D) Building of highways. E) C and D. 6. What type of event could move the economy from E to D in Figure 16-1? A) Inefficient dictator takes over government. B) Nuclear war.

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