期末考试高一Word文件下载.docx
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1.WhichofthefollowingBESTdescribesthebasiceconomicproblem?
aLimitedneedsandunlimitedresources
bUnlimitedwantsandscarceresources
cLimitedincomesandspendingpower
dUnlimitedchoicesofconsumergoods
2.Whichofthefollowingisaman-maderesource?
aAproductionworker
bAforest
cAfieldofwheat
dAfactory
3.WhichofthefollowingisNOTafactorofproduction?
aLand
bMoney
cEnterprise
dCapital
4.Whichofthefollowingistherewardtolabour?
aProfit
bWages
cRevenue
dEmployment
5.WhichofthefollowingisNOTascarceresource?
aAir
bLand
cMoney
dOil
6.Whichofthefollowingdescribesacountrywithamixedeconomy?
aGoodsandservicesareprovidedbyprivatecompanies
bGoodsandservicesareprovidedbythegovernment
cGoodsandservicesareprovidedbyprivatecompaniesandbythegovernment
dGoodsandservicesareprovidedbyindividualsandbycompanies
7.Whichofthefollowingdescribestheeconomicaimofsellersofgoodsandservices?
aAwiderangeofgoodsonoffer
bAproductmadefrombest-qualitymaterials
cAhigh-costadvertisingcampaign
dAhighpricetoprovideprofitforthebusiness
8.Whatiseffectivedemandforagoodorservice?
aAwant,backedupbymoneytopurchasetheitem
bAneed,byallconsumersdesiringtheitem
cAdemanddependingonlevelofincome
dAdemandbyonegroupofconsumers
9.Whatdoesatypicalsupplycurveshowabouttherelationshipbetweentheamountsuppliedofaproductanditsprice?
aFirmswillsupplymoreatalowerprice
bConsumerswillbuymoreatahigherprice
cFirmswillsupplymoreatahigherprice
dConsumerswillbuymoreatalowerprice
10Whichoneofthefollowingpairsofproductsareinjointsupply?
aPotatoesandmaize
bBeefandleather
cCDsandCDplayers
dCarsandtyres
11.Whatdoestheequilibriumpriceinamarketshow?
aThepriceatwhichacompanywillgetthehighestnumberofsales
bThepriceatwhichquantitysuppliedisequaltoquantitydemanded
cThepriceatwhichthemostprofitwillbemade
dThepriceatwhichallproductioncostswillbecovered
12.Whichofthefollowingwouldcausethedemandcurveforchocolatebarstoshifttotheright?
aAdecreaseinthepriceofthechocolatebars
bAdecreaseinthepriceofcocoabeans
cA’chocolateisgoodforyourhealth’advertisingcampaign
dAhealthscareaboutthedangersofeatingtoomuchsweetfood
13.Thepriceelasticityofdemand(PED)foraproductisestimatedat-1.5.Thecurrentlevelofsalesis1,000perweek.IfthePEDestimateiscorrectandthepriceoftheproductincreasesfrom£
2to£
2.40,whatwillbethenewweeklylevelofsales?
a700
b1,300
c800
d900
14.WhichofthefollowingisNOTanexampleofameritgood?
aliteracyeducation
bMobiletelephone
cFamilyplanningadvice
dMosquitonet
15.Whichofthefollowingisanexampleofa
aProvisionofessentialmedicines
bRecyclingplasticbottles
c8uildingcommunityfacilities
dPollutionfromafactory
16.Whatdoesthephraseamediumofexchangemeanwhendescribingafunctionofmoney?
aPriceofanitemcanbemeasuredintermsofmoneyunits
bMoneyisagenerallyacceptedmeansofpayment
cYoucansavemoneybecauseitkeepsitsvalue
dBorrowersknowhowmuchtheyneedtopaybackonaloan
17.WhichofthefollowingisNOTafunctionofacommercialorretailbank?
aActingasbankertothegovernment
bKeepingmoneyandvaluableitemssafe
cLendingmoneytopeopleandbusinesses
dPayinginteresttosavers
18.Accordingtoeconomictheory,whymightalawyergetpaidmorethanashopkeeper?
aAlowdemandforandahighsupplyoflabour
bAhighdemandforandhighsupplyoflabour
cAhighdemandforandalowsupplyoflabour
dAlowdemandforandlowsupplyoflabour.
19.WhichofthefollowingisNOTadifferencebetweenthespendingandsavinghabitsofhigh-incomeandlow-incomefamilies?
aHigh-incomeearnersspendmorethanlowincomeearners.
bHigh-incomeearnersspendabiggerproportionoftheirincomeonessentials
cLow-incomeearnerssavelessthanhigh-incomeearners
dLow-incomeearnerssuffermorewhenpricesarerising
20.Whichofthefollowingisabenefittoanemployeeoftradeunionmembership?
aUnionmaystrikeandhaltproduction
bRisingwagesleadingtorisingprices
cEaseofnegotiationwithoneunionofficial
dSupportinthecaseofagrievanceatwork
21.Whicho