曼昆《经济学原理》(微观)第五版测试题库 (11).docVIP

曼昆《经济学原理》(微观)第五版测试题库 (11).doc

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PAGE 778 ? Chapter 11/Public Goods and Common Resources Chapter 11/Public Goods and Common Resources ? PAGE 733 PAGE 732 Chapter 11 Public Goods and Common Resources TRUE/FALSE 1. When goods are available free of charge, the market forces that normally allocate resources in our economy are absent. ANS: T DIF: 2 REF: 11-0 NAT: Analytic LOC: Markets, market failure, and externalities TOP: Market failure MSC: Interpretive 2. Free goods are usually efficiently allocated without government intervention. ANS: F DIF: 2 REF: 11-0 NAT: Analytic LOC: Markets, market failure, and externalities TOP: Market failure MSC: Interpretive 3. Most goods in our economy are allocated in markets, where buyers pay for what they receive and sellers are paid for what they provide. ANS: T DIF: 1 REF: 11-0 NAT: Analytic LOC: The Study of economics, and definitions in economics TOP: Private goods MSC: Applicative 4. Government intervention cannot improve the allocation of resources for goods that do not have prices attached to them. ANS: F DIF: 2 REF: 11-0 NAT: Analytic LOC: The role of government TOP: Public goods MSC: Interpretive 5. A good that is excludable but not rival is known as a natural monopoly. ANS: T DIF: 1 REF: 11-1 NAT: Analytic LOC: The Study of economics, and definitions in economics TOP: Natural monopolies MSC: Definitional 6. National Public Radio would be considered a natural monopoly. ANS: F DIF: 2 REF: 11-1 NAT: Analytic LOC: The Study of economics, and definitions in economics TOP: Natural monopolies MSC: Interpretive 7. Concerts in arenas are not excludable because it is virtually impossible to prevent someone from seeing the show. ANS: F DIF: 1 REF: 11-1 NAT: Analytic LOC: The Study of economics, and definitions in economics TOP: Excludability MSC: Applicative 8. A pair of jeans is rival but non-excludable. ANS: F DIF: 1 REF: 11-1 NAT: Analytic LOC: The Study of economics, and definitions in economics TOP: Excludability | Rivalry in consumption

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