最新微观经济学选择题100道答案.docx

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最新微观经济学选择题100道答案

1.Thescientificmethodisnotapplicabletothestudyofeconomicsbecauseeconomicsisnotatruescience.

A)True

B)False

2.Hypothesesderivedfromeconomicanalysiscanbevalidatedthroughempiricalanalysis,buthardlyeverwithabsolutecertainty.

A)True

B)False

3.Whichofthefollowingstatementsrelatestotheconceptofefficiency?

A)Theabsenceofwaste.

B)Usingresourcesaseffectivelyaspossible.

C)Beingabletoproducemoreofonegoodonlybyproducinglessofsomethingelse.

D)Alltheabove.

E)b.andc.only.

Usethefollowingtoanswerquestion4:

Figure1

4.Figure1displaystheproduction-possibilitiesoftwocountries.Giventhatbothcountriesproducefiveunitsofx,whichofthefollowingbestdescribescountryB'sproductionofy?

A)LessthancountryA'sproductionofy.

B)ThesameascountryA'sproductionofy.

C)MorethancountryA'sproductionofy.

D)Cannotbedeterminedfromthegraph.

E)Noneoftheabove.

5.Massunemploymentofresourcesmeanssocietyoperatesinsideitsproduction-possibilityfrontier.

A)True

B)False

6.Iftwogoodsusethesameresourcesandthesametechnology,theproductionpossibilitiescurvebetweenthetwogoodswillhaveapositiveslope.

A)True

B)False

7.Itisscarcitythatmakesgoodseconomicgoods.

A)True

B)False

8.Whichofthefollowingisthemostbasicofthesubjectswithwhichthestudyofeconomicsmusttrytodeal?

A)Markets.

B)Money.

C)Profitseeking.

D)Thepricemechanism.

E)Scarcity.

9.Poormoneymanagementbythegovernment,asidefromincreasingtheunemploymentrate,willhavearelativelysmalleffectontheeconomy.

A)True

B)False

Usethefollowingtoanswerquestion10:

Figure2

10.InFigure2,whatisCountryB'scostofproducing1unitofxintermsofy?

A)10unitsofy.

B)1/2unitsofy.

C)5unitsofy.

D)2unitsofy.

E)Noneoftheabove.

11.Barterisinconvenientbecause:

A)bargainingpowerisunequalbetweenrichandpoor.

B)withoutmoney,whocandefine"fair"values?

C)mywantsandsuppliesdonotmatchyoursuppliesandwants.

D)itleadstoimperfectcompetition.

E)alloftheabove.

12.Theeconomicroleofgovernmentinmixedeconomiescaninclude:

A)provisionofpublicgoods.

B)taxcollections.

C)incomeredistribution.

D)alloftheabove.

E)noneoftheabove.

13.Bythe"invisiblehand,"Smithmeanttheinfluenceandlobbyingofthehiddeninterestgroups.

A)True

B)False

14.Asocietywhichforgoespresentconsumption:

A)isforcedtodosobecauseofexcessiveconsumptionwithinthecountryinthepast.

B)maybedevotingnewresourcestonewcapitalformation.

C)ismerelydevotingresourcestothereplacementofcapital.

D)expectstoconsumeonlythatamounttomorrowwhichwasforegonetoday.

E)doesnoneoftheabove.

15.Aneconomicgoodisvaluedinpartbyitsscarcity.

A)True

B)False

16.Thestatementthatroundaboutmethodsofproductionareoftenmoreefficientthanmoredirectmethods:

A)meansthatroundaboutmethodsusethesameinputsasmoredirectmethods,exceptfortime,whichisnotascarceeconomicgood.

B)meansthatconsumersoughttochoosethosegoodswhichmostlendthemselvestoroundaboutmethodsofproduction.

C)meansthatthemostroundaboutmethodisalwaysthemostefficientmethodofproducinganyoutput.

D)isfalse,fordirectandindirectmethodsofproductionareusuallythesameintermsofefficiency.

E)suggeststhatforegoneconsumptiondevotedtoinvestmentsometimesincreasesfutureoutputinwaysthatmorecloselymatchindividualand/orsocialdesires.

17.Whichofthefollowingstatementsistrueofspecialization?

A)Specializationisinconsistentwiththeideaofindividualfreedom.

B)Economiesthatpracticeadivisionoflaboraremorallysuperiortothosethatdonot.

C)Inacceptingspecialization,apersonsacrificeshisorherowninterestsforthesakeofsociety'sinterest.

D)Whilespecializationhasenormousadvantages,thecostsoutweighthem.

E)Increasedproductivityismorelikelytobeachievedthroughspecialization.

18.Inanaffluentmodernsociety,businessesmayhavetoofferworkersmorefulfillingjobs.

A)True

B)False

19.Consumersvotetheirdollarsprimarilyin:

A)labormarkets.

B)landmarkets.

C)capitalmarkets.

D)goodsmarkets.

E)noneoftheabove.

20.Anexampleoflegallimitationsonpropertyrightsistheprohibitionofpollution.

A)True

B)False

21.Lowerpricescoaxouthigherquantitiesdemandedalongadownward-slopingdemandcurve.

A)True

B)False

22.Anincreaseinpricewillleadtoalowerquantitydemandedbecause:

A)supplierswillsupplyonlythesmalleramount.

B)quality

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