经济学原理复习题英文版.docx

1、经济学原理复习题 英文版经济学原理复习题1. You have $100 in savings. You could earn four percent interest if you put the $100 in a bank savings account for a year. What is your opportunity cost if you put the $100 under the pillow of your bed instead? BA) $0.00. B) $4.00. C) $100.00. D) $104.00. 2._ focuses on the pric

2、es of individual goods and services and _ focuses on the rate of inflation. A) Microeconomics; macroeconomics B) Macroeconomics; microeconomics AC) Microeconomics; microeconomics D) Macroeconomics; macroeconomics 3.Refer to Table 1. Matthews opportunity cost of designing one Web site is C A)1/5 of a

3、 brochure. B) 4 brochures. C) 5 brochures. D) 10 brochures. 4.Refer to Table 1. Andrews opportunity cost of designing one Web site is CA) 1/4 of a brochure. B) 2 brochures. C) 4 brochures. D) 8 brochures. 5. Refer to Table 1. _has a comparative advantage in _brochures. DA) Matthew; both Web site des

4、ign and in B) Andrew; both Web site design and in C) Matthew; Web site design and Andrew has a comparative advantage in D) Andrew; Web site design and Matthew has a comparative advantage in 6.Refer to Table 1. To maximize total production, B A) Matthew should specialize in Web site design and Andrew

5、 should specialize in brochures. B) Andrew should specialize in Web site design and Matthew should specialize in making brochures. C) Matthew and Andrew should both split their time between making brochures and Web site design. D) Matthew should make brochures and design Web sites, but Andrew should

6、 only make brochures. 7.Refer to Table 1. Andrews opportunity cost of designing four Web sites is _ brochures forgone. B A) 8 B) 16 C) 20 D) an indeterminate number of8.Refer to Table 1. Matthews opportunity cost of designing three Web sites is _ brochures foregone. A)12 B)13 C)15 D)20 C9.Refer to F

7、igure 1. The economy is currently at Point A. The opportunity cost of moving from Point A to Point B is the _ desktop computers that must be forgone to produce _ additional laptop computers. D A) 60; 10 B) 20; 30 C) 80; 20D) 20; 10 10.Refer to Figure 1. The marginal rate of transformation in moving

8、from Point A to Point B is B A) 5. B) -2. C) -2.8. D) -4. 11.Refer to Figure 1. For this economy to move from Point B to Point C so that an additional 10 laptop computers could be produced, production of desktop computers would have to be reduced by CA) exactly 20. B) fewer than 20. C) more than 20.

9、 D) exactly 40.12.Refer to Figure 1. The best point for society would be DA)Point C, as at this point there are approximately equal amounts of desktop and laptop computers being produced. B) either Point B or Point C, as the total amount being produced at either of these points is approximately the

10、same. C) at any of the labeled points, as all of the points represent an efficient allocation of resources. D) indeterminate from this information, as we dont have any information about the societys desires. 13.Refer to Figure2. A _ represents economic growth. B A)shift from ppf2 to ppf1 B) shift fr

11、om ppf1 to ppf2 C) movement from one to another point along ppf1 D) movement from one to another point along ppf2 14.Refer to Figure 2. A _ best represents an improvement in technology. B A) shift from ppf2 to ppf1 B) shift from ppf1 to ppf2 C) movement from one to another point along ppf1 D) moveme

12、nt from one to another point along ppf2 15.Refer to Figure 2. A(n) _ will shift an economys production possibility frontier from ppf1 to ppf2. D A) decrease in unemployment B) increase in the use of existing vacant land C) change in consumers tastes for the two goods D) increase in its capital stock

13、 16.Refer to Figure 2. A(n) _ will NOT cause the production possibility frontier to shift from ppf1 to ppf2. D A) increase in a countrys land area B) improvement in technology C) increase in the stock of capital D) decrease in the unemployment rate 17.Refer to Figure 3. Which of the following would

14、be most likely to cause the demand for Dr. Pepper to shift from D0 to D1? A A) a decrease in income, assuming that Dr. Pepper is a normal good B) an increase in the price of 7-UP, assuming 7-UP is a substitute for Dr. Pepper C) a decrease in the price of Dr. Pepper D) a reduction in the price of sug

15、ar used to make Dr. Pepper 18.Refer to Figure 4. As your income increased, your demand for X shifted from D1 to D2. X is a(n) _ good for you. A A) inferior B) normal C) luxury D) income-neutral 19.Refer to Figure 5. When the economy moves from Point A to Point B, there has been an _and an _. B A) in

16、crease in demand; increase in supply B) increase in demand; increase in quantity supplied C) increase in quantity demanded; increase in quantity supplied D) increase in quantity demanded; increase in supply 20.Refer to Figure 5. When the economy moves from Point A to Point C, there has been A A) a d

17、ecrease in supply and a decrease in quantity demanded. B) a decrease in quantity supplied and a decrease in demand. C) a decrease in supply and an increase in quantity demanded. D) an increase in supply and a decrease in quantity demanded. 21.Refer to Figure 5. When the economy moves from Point A to

18、 Point E, there has been A A)an increase in demand and an increase in supply. B) a decrease in demand and a decrease in supply. C) an increase in demand and a decrease in supply. D) an increase in quantity demanded and an increase in quantity supplied. 22.Refer to Figure 5. When the economy moves fr

19、om Point E to Point B, there has been C A) an increase in supply and an increase in quantity demanded. B) an increase in both supply and demand. C) a decrease in supply and an increase in demand. D) a decrease in supply and an increase in quantity demanded. SCENARIO 1 : Lettuce and spinach are subst

20、itutes. Lettuce and tomatoes are complements. Lettuce is a normal good. During the winter, about 20% of the lettuce crop was destroyed by flooding.23.Refer to Scenario 1. As a result of the flooding during the winter, you would expect that B A) the price of lettuce would rise, the supply of lettuce

21、would increase, and the quantity demanded of lettuce would decrease. B) the supply of lettuce decreased, the price of lettuce rose, and the quantity demanded of lettuce decreased. C) the price of lettuce rose and both the quantity of lettuce supplied and the quantity of lettuce demanded increased. D

22、) the supply of lettuce decreased, the price of lettuce rose, and the demand for lettuce decreased24.Refer to Scenario 1. The floods that destroyed part of the lettuce crop would have caused the equilibrium price of spinach to _ and the equilibrium quantity of spinach to _. C A) fall; decrease B) fa

23、ll; increase C) rise; increase D) rise; decrease 25.Refer to Scenario 1.The floods that destroyed part of the lettuce crop would have caused a(n) _ in the _ tomatoes. B A) increase; demand for B) decrease; demand for C) increase; quantity demanded of D) decrease; quantity demanded of 26.Refer to Sce

24、nario 1.At the same time that part of the lettuce crop was destroyed, consumer income also decreased. Ceteris paribus, in the market for lettuce this would have caused D A) both the equilibrium price and quantity to decrease. B) the equilibrium price to rise and the equilibrium quantity to decrease.

25、 C) the equilibrium price to fall. The equilibrium quantity could have increased, decreased, or remained the same. D) the equilibrium price to either rise, fall, or remain the same and the equilibrium quantity to decrease. 27.Refer to Scenario 1.The government wants to protect consumers from rising

26、food prices. Therefore, price restrictions are imposed on lettuce growers prohibiting them from raising the price of lettuce. This will cause A) an excess supply of lettuce. B) an excess demand for lettuce. B C) an increase in the demand for lettuce. D) a decrease in the supply of lettuce. 28.Refer

27、to Figure 6. At the world price of $20 per computer chip, the United States imports _ million computer chips. B A) 2 B) 6 C) 10 D) 12 29.Refer to Figure If a $5.00 each computer chip tax is levied on imported computer chips, the United States will import _ million computer chips. D A) 6 B) 10 C) 4 D

28、) 2 30.Refer to Figure If the United States eliminates all taxes on computer chips, the price of computer chips in the United States C A) would be $15 per computer chip, and the United States would import 10 million computer chips. B) would be $25 per computer chip, and the United States would impor

29、t 2 million computer chips. C) would be $20 per computer chip, and the United States would import 6 million computer chips. D) cannot be determined from this information. 31.Refer to Figure 6. Assume that initially there is free trade. If the United States then imposes a $5.00 tax on imported comput

30、er chips, B A) the quantity demanded of computer chips will be reduced by 4 million computer chips. B) the quantity of computer chips supplied by U.S. firms will increase by 2 million computer chips. C) the price of computer chips in the United States will decreaseto $15. D) U.S. imports of computer

31、 chips will increase by 1 million computer chips. 32.Refer to Figure 6. Assume that initially thereis free trade. If the United States then imposesa $5.00 per computer chip tax on imported computer chips, the tax revenue generated will equal _ million. B A) $50 B) $10 C) $60 D) $75 33.Refer to Figure 7. The demand for milkshakes is unitarily elastic at Point C. If the price of a milkshake is reduced from P3 to P4, total revenue B A) will increase. B) will decrease. C) will remain constant.