微观经济学前四章习题.docx
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微观经济学前四章习题
Chapter1
1.Economicanalysis:
A）involvessomesimplificationsofreality.
B）isonlyvaguelyrelatedtorealitybecauseifitdidsocoincide,itwouldnotstillbetheory.
C）isimpossible,becauseoftheimpossibilityofacontrolledexperiment.
D）ifitisgoodtheory,involvesnosimplificationofreality.
E）involvessomuchdistortionofrealityastobeworthless.
Ans:
A
2.Whatareeconomicgoods?
A）Goodsthatareveryexpensive.
B）Goodsthatareinscarceorlimitedsupply.
C）Goodsthatacountryproducesandthentradestoanothercounty.
D）Goodsthatarevitaltoanindividual'swelfare.
E）Alloftheabove.
Ans:
B
3."Scarcity"ineconomicsrefersbasicallyto:
A）periodsoffamine.
B）monopolizationofexistingsuppliesofgoods.
C）monopolizationofresourcestoprovidegoods.
D）monopolizationofoutletstosellgoods.
E）noneoftheabove.
Ans:
E
4."Distribution"ineconomicsrefersto:
A）retailing,wholesaling,andtransportation.
B）what.
C）how.
D）forwhom.
E）noneoftheabove.
Ans:
D
5.Thethreequestionsofwhat,how,andforwhom:
A）relatetothethreefactorsofproduction.
B）existbecauseofscarcity.
C）aremoreofaprobleminamarketeconomy.
D）aremoreofaprobleminacommandeconomy.
E）arenolongerrelevant.
Ans:
B
6.Thedescriptionofeconomicsas,"coolheadsintheserviceofwarmhearts",meansthat:
A）allocatingscarceresourcesmayrequirepainfuldecisions.
B）costsandbenefitsneedtobeweighedobjectively.
C）theproperbalancemustbestruckbetweenthedisciplineofthemarketandthegenerosityofthewelfarestate.
D）alloftheabove.
E）noneoftheabove.
Ans:
D
7.Whenmovingalongaproductionpossibilitiesfrontier,theopportunitycosttosocietyofobtainingmoreofoneofthetwogoods:
A）ismeasuredindollarterms.
B）usuallydecreasesasmoreofthegoodisproduced.
C）ismeasuredbytheamountoftheothergoodthatmustbegivenup.
D）ismeasuredbytheadditionalresourcesthatmustbeusedtoproducethegood.
E）isusuallyconstant.
Ans:
C
8.Thesedatareflectthreepossiblecombinationsoffoodandnothingthatcanbeproducedfromagivensetofresources.
Food1050
ClothingOX50
Refertotheabovedata.Ifbothclothingandfoodalwaysuseallinputsinthesameproportion,thenXmustbe:
A）25.
B）morethan25.
C）lessthan25.
D）50.
E）cannotnotbedeterminedfromthedata
Ans:
A
9.Beingontheproduction-possibilityfrontierbetweengunsandbuttermeansthat:
A）itisimpossibletoproduceanymoreguns.
B）itisimpossibletoproduceanymorebutter.
C）moregunscanbeproducedonlybydoingwithoutsomebutter.
D）populationisinequilibrium.
E）ifsocietybecomesmoreproductiveinproducingbutter,thenwecanhavemorebutterbutnotmoreguns.
Ans:
C
10.Ashiftinaproduction-possibilityfrontiercanresultfrom:
A）unemployment.
B）inflation.
C）changesinproductiontechniques.
D）changesinthecombinationofgoodsproduced.
E）changesinconsumers'tastes.
Ans:
C
11
Figure1-1
Whichpointontheproduction-possibilityfrontiersdrawninFigure1indicatesnoconsumptiongoodsbeingproduced?
A）A.
B）B.
C）C.
D）D.
E）E.
Ans:
E
12.Ofthefollowingpoints,whichpointreflectsthemostefficientuseofavailableresourcesinrelationtofrontierAEinFigure1-1?
A）F.
B）G.
C）C.
D）H.
E）Cannottellfromtheinformationprovided.
Ans:
C
13.RelativetofrontierA'E'inFigure1-1,whichofthefollowingpointsisleastefficient?
A）B'.
B）C'.
C）B.
D）C.
E）F.
Ans:
E
14.PointAonwhichpanelinFigure1-2representsaninefficientuseofresources?
A）PanelA.
B）PanelB.
C）PanelC.
D）PanelD.
E）PanelE.
Ans:
D
15.Foratheorytobeuseful,itmustbeconfirmedineachtestcase.
Ans:
False
CHAPTER2
1.Inamarketsystem,thewhatdecisionismademostbasicallyby
A）representativegovernment.
B）nationalplanning.
C）bankers.
D）advertisersandtheirabilitytopersuadebuyers.
E）spendingdecisionsofthosewithmoney.
Ans:
E
2.Inamarketeconomy,thepresumedharmonybetweenindividualandpublicinterestdependsupon:
A）thegoodwillofprivatebusinesspeople.
B）carefulplanningandcoordinationofeconomicactivity.
C）altruismonthepartofconsumers.
D）competitivemarketsandthepursuitofself-interestbyindividuals.
E）thewisdomofgovernmentdecisions.
Ans:
D
3.Pollutioncontrolpolicyisdirectedfirstandforemostatimproving:
A）equity.
B）efficiency.
C）stability.
D）alloftheabove.
E）noneoftheabove
Ans:
B
4.Whoisinchargeofamarketeconomy?
Thatis,what
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