经济学原理对应练习--03Word下载.doc

经济学原理对应练习--03Word下载.doc

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c. dosobecausetheygetsomethinginreturn.

d. arerequiredtodosobygovernment.

ANS:

C PTS:

1 DIF:

1 REF:

3-0

TOP:

Trade MSC:

Interpretive

2. Whenaneconomistpointsoutthatyouandmillionsofotherpeopleareinterdependent,heorsheisreferringtothefactthatweall

a. relyupongovernmenttoprovideuswiththebasicnecessitiesoflife.

b. relyupononeanotherforthegoodsandservicesweallconsume.

c. havesimilartastesandabilities.

d. areconcernedaboutoneanother’swell-being.

B PTS:

3. Peoplegenerallychoosetodependuponothersforgoodsandservices.Economistsviewthisinterdependenceas

a. agoodthing,sinceitfostersfriendshipsandbondsthatotherwisewouldneverdevelop.

b. agoodthing,sinceitallowspeopletoconsumemoregoodsandservicesthantheywouldotherwisebeabletoconsume.

c. abadthing,sinceself-sufficiencymaybecomenecessaryinthefuture.

d. abadthing,sinceinterdependencereducespeople’sself-esteemandcausesvarioussocialproblems.

3-1

4. Regangrowsflowersandmakesceramicvases.Jaysonalsogrowsflowersandmakesvases,butReganisbetteratproducingboth.Inthiscase,tradecould

a. benefitbothJaysonandRegan.

b. benefitJayson,butnotRegan.

c. benefitRegan,butnotJayson.

d. benefitneitherJaysonnorRegan.

A PTS:

2 REF:

5. BenbakesbreadandShawnaknitssweaters.Benlikestoeatbreadandwearsweaters,andthesameistrueforShawna.InwhichofthefollowingcasesisitimpossibleforbothBenandShawnatobenefitfromtrade?

a. BencannotknitsweatersandShawnacannotbakebread.

b. BenisbetterthanShawnaatbakingbreadandShawnaisbetterthanBenatknittingsweaters.

c. BenisbetterthanShawnaatbakingbreadandatknittingsweaters.

d. Noneoftheaboveiscorrect.

D PTS:

Applicative

6. ShannonbakescookiesandJustingrowsvegetables.InwhichofthefollowingcasesisitimpossibleforbothShannonandJustintobenefitfromtrade?

a. ShannondoesnotlikevegetablesandJustindoesnotlikecookies.

b. ShannonisbetterthanJustinatbakingcookiesandJustinisbetterthanShannonatgrowingvegetables.

c. JustinisbetterthanShannonatbakingcookiesandatgrowingvegetables.

d. Alloftheabovearecorrect.

7. Considerashoemakerandavegetablefarmer.Potentially,tradecouldbenefitbothindividualsif

a. theshoemakercanproduceonlyshoesandthevegetablefarmercanproduceonlyvegetables.

b. theshoemakeriscapableofgrowingvegetables,butheisnotverygoodatit.

c. thevegetablefarmerisbetteratgrowingvegetablesandbetteratmakingshoesthantheshoemaker.

8. Withouttrade,

a. acountryisbetteroffbecauseitwillhavetolearntobeself-sufficientwithouttrade.

b. acountry'

sproductionpossibilitiesfrontierisalsoitsconsumptionpossibilitiesfrontier.

c. acountrycanstillbenefitfrominternationalspecialization.

d. interdependenceismoreextensivethanitwouldbewithtrade.

9. Acountry'

sconsumptionpossibilitiesfrontiercanbeoutsideitsproductionpossibilitiesfrontierif

a. thecountry’stechnologyissuperiortothetechnologiesofothercountries.

b. thecitizensofthecountryhaveagreaterdesiretoconsumegoodsandservicesthandothecitizensofothercountries.

c. thecountryengagesintrade.

Trade|Productionpossibilitiesfrontier MSC:

Interpretive

10. Aproductionpossibilitiesfrontierwillbeastraightlineif

a. increasingtheproductionofonegoodbyxunitsentailsnoopportunitycostintermsoftheothergood.

b. increasingtheproductionofonegoodbyxunitsentailsaconstantopportunitycostintermsoftheothergood.

c. theeconomyisproducingefficiently.

d. theeconomyisengagedintradewithatleastoneothereconomy.

3 REF:

Productionpossibilitiesfrontier MSC:

11. Thedifferencebetweenproductionpossibilitiesfrontiersthatarebowedoutandthosethatarestraightlinesisthat

a. bowed-outproductionpossibilitiesfrontiersapplytoeconomiesthatfacetradeoffs,whereasstraight-lineproductionpossibilitiesfrontiersapplytoeconomiesthatdonotfacetrade