经济学原理对应练习题及答案(英文版)

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1. T he word that comes from the Greek word for "one who manages

a household" is

a. market.

b. consumer.

c. producer.

d. economy.

2. T he word “economy” comes from the Greek word oikonomos,

which means

a. “environment.”

b. “production.”

c. “one who manages a househol

d.”

d. “one who makes decisions.”

3. R esources are

a. scarce for households but plentiful for economies.

b. plentiful for households but scarce for economies.

c. scarce for households and scarce for economies.

d. plentiful for households and plentiful for economies.

4. E conomics deals primarily with the concept of

a. scarcity.

b. poverty.

c. change.

d. power.

5. W hich of the following questions is not answered by the

decisions that every society must make?

a. What determines consumer preferences?

b. What goods will be produced?

c. Who will produce the goods?

d. Who will consume the goods?

6. T he overriding reason as to why households and societies face

many decisions is that

2 Chapter 1/Ten Principles of Economics

a. resources are scarce.

b. goods and services are not scarce.

c. incomes fluctuate with business cycles.

d. people, by nature, tend to disagre

e.

7. T he phenomenon of scarcity stems from the fact that

a. most economies’production methods are not very good.

b. in most economies, wealthy people consume

disproportionate quantities of goods and services.

c. governments restricts production of too many goods and

services.

d. resources are limited.

8. A pproximately what percentage of the world's economies

experience scarcity?

a. 25%

b. 50%

c. 75%

d. 100%

9. W hen a society cannot produce all the goods and services

people wish to have, it is said that the economy is

experiencing

a. scarcity.

b. shortages.

c. inefficiencies.

d. inequities.

10. F or society, a good is not scarce if

a. at least one individual in society can obtain all he or

she wants of the good.

b. firms are producing the good at full capacity.

c. all members of society can have all they want of the

good.

Chapter 1/Ten Principles of Economics 3

d. those who have enough income can buy all they want of

the good.

11. W hich of the following products would be considered scarce?

a. golf clubs

b. Picasso paintings

c. apples

d. All of the above are correct.

12. E conomics is the study of

a. production methods.

b. how society manages its scarce resources.

c. how households decide who performs which tasks.

d. the interaction of business and government.

14. I n most societies, resources are allocated by

a. a single central planner.

b. a small number of central planners.

c. those firms that use resources to provide goods and

services.

d. the combined actions of millions of households and

firms.

15. T he adage, "There is no such thing as a free lunch," is used

to illustrate the principle that

a. goods are scarce.

b. people face tradeoffs.(to get something we like, we

usually have to give up another thing we like)

c. income must be earne

d.

d. households face many decisions.

18. W hich of the following statements best represents the

principle represented by the adage, "There is no such thing as a free lunch"?

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