留学经济学英语试题及答案.docVIP

留学经济学英语试题及答案

单项选择题（每题2分，共10题）

1.Thelawofdemandstatesthat,otherthingsequal,asthepriceofagood:

A.Rises,thequantitydemandedrises

B.Rises,thequantitydemandedfalls

C.Falls,thedemandcurveshiftstotheleft

D.Rises,thedemandcurveshiftstotheright

Answer:B

2.Whichofthefollowingisafactorofproduction?

A.Afinishedcar

B.Themoneyinabankaccount

C.Labor

D.Aconsumerssavings

Answer:C

3.Marginalcostis:

A.Thetotalcostdividedbythequantityofoutput

B.Thechangeintotalcostdividedbythechangeinquantityofoutput

C.Thefixedcostdividedbythequantityofoutput

D.Thevariablecostdividedbythequantityofoutput

Answer:B

4.Inaperfectlycompetitivemarket,firmsare:

A.Pricemakers

B.Pricetakers

C.Abletoinfluencethemarketprice

D.Monopolies

Answer:B

5.TheGDPofacountrymeasures:

A.Thetotalincomeofallindividualsinthecountry

B.Thetotalvalueofallfinalgoodsandservicesproducedwithinthecountryinagivenperiod

C.Thetotalvalueofallgoodsandservices(includingintermediategoods)producedinthecountry

D.Thetotalwealthofthecountry

Answer:B

6.Inflationis:

A.Adecreaseinthegenerallevelofprices

B.Anincreaseinthegenerallevelofprices

C.Adecreaseinthepriceofasinglegood

D.Anincreaseinthepriceofasinglegood

Answer:B

7.Fiscalpolicyismainlyconcernedwith:

A.Interestrates

B.Themoneysupply

C.Governmentspendingandtaxation

D.Exchangerates

Answer:C

8.Theopportunitycostofanactionis:

A.Themonetarycostoftheaction

B.Thevalueofthenextbestalternativeforgone

C.Thetotalcostoftheactionincludingtimeandeffort

D.Thecostoftheresourcesusedintheaction

Answer:B

9.Amonopolyfirmfaces:

A.Ahorizontaldemandcurve

B.Averticaldemandcurve

C.Adownward-slopingdemandcurve

D.Anupward-slopingdemandcurve

Answer:C

10.Whichofthefollowingisanexampleofapublicgood?

A.Apriv