英文 welfare economics试题库及答案.docVIP

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英文welfareeconomics试题库及答案

一、单项选择题(每题2分,共10题)

1.Welfareeconomicsismainlyconcernedwith_.

A.economicgrowth

B.thedistributionofresourcesandwell-being

C.marketcompetition

D.productiontechnology

Answer:B

2.TheFirstFundamentalTheoremofWelfareEconomicsstatesthat_.

A.anycompetitiveequilibriumisParetoefficient

B.Paretoefficiencycanneverbeachieved

C.allmarketoutcomesarefair

D.governmentinterventionisalwaysneeded

Answer:A

3.Consumersurplusmeasures_.

A.thedifferencebetweenwhatconsumersarewillingtopayandwhattheyactuallypay

B.afirmsprofit

C.totaloutput

D.thecostofproduction

Answer:A

4.Producersurplusisrelatedto_.

A.thecostofproductionandthepricereceived

B.consumersatisfaction

C.governmentsubsidies

D.technologicalprogress

Answer:A

5.AParetoimprovementoccurswhen_.

A.atleastonepersonismadebetteroffwithoutmakinganyoneelseworseoff

B.everyoneismadeworseoff

C.onlyonepersonismadeworseoff

D.thetotaloutputdecreases

Answer:A

6.Theconceptofsocialwelfarefunctionaimsto_.

A.measureafirmsperformance

B.aggregateindividualutilitiesintoameasureofoverallsocialwell-being

C.calculatemarketdemand

D.analyzeproductionfunctions

Answer:B

7.Deadweightlossrepresents_.

A.anincreaseinsocialwelfare

B.areductionintotalsurplusduetomarketinefficiency

C.theprofitofmonopolies

D.governmenttaxrevenue

Answer:B

8.Inaperfectlycompetitivemarket,theequilibriumpriceandquantitymaximize_.

A.producersurplusonly

B.consumersurplusonly

C.totalsurplus

D.governmentrevenue

Answer:C

9.TheSecondFundamentalTheoremofWelfareEconomicssaysthat_.

A.anyParetoefficientallocationcanbeachievedasacompetitiveequilibriumwithappropriateinitialendowments

B.allcompetitiveequilibriaareunfair

C.Paretoefficiencyisimpossibletoreach

D.governmentshouldalwayscontrolprices

Answer:A

10.Whent

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