最新微观经济学选择题100道答案.docx

1、最新微观经济学选择题100道答案1. The scientific method is not applicable to the study of economics because economics is not a true science. A) True B) False 2. Hypotheses derived from economic analysis can be validated through empirical analysis, but hardly ever with absolute certainty. A) True B) False 3. Which

2、of the following statements relates to the concept of efficiency? A) The absence of waste. B) Using resources as effectively as possible. C) Being able to produce more of one good only by producing less of something else. D) All the above. E) b. and c. only. Use the following to answer question 4: F

3、igure 1 4. Figure 1 displays the production-possibilities of two countries. Given that both countries produce five units of x, which of the following best describes country Bs production of y? A) Less than country As production of y. B) The same as country As production of y. C) More than country As

4、 production of y. D) Cannot be determined from the graph. E) None of the above. 5. Mass unemployment of resources means society operates inside its production-possibility frontier. A) True B) False 6. If two goods use the same resources and the same technology, the production possibilities curve bet

5、ween the two goods will have a positive slope. A) True B) False 7. It is scarcity that makes goods economic goods. A) True B) False 8. Which of the following is the most basic of the subjects with which the study of economics must try to deal? A) Markets. B) Money. C) Profit seeking. D) The price me

6、chanism. E) Scarcity. 9. Poor money management by the government, aside from increasing the unemployment rate, will have a relatively small effect on the economy. A) True B) FalseUse the following to answer question 10: Figure 2 10. In Figure 2, what is Country Bs cost of producing 1 unit of x in te

7、rms of y? A) 10 units of y. B) 1/2 units of y. C) 5 units of y. D) 2 units of y. E) None of the above. 11. Barter is inconvenient because: A) bargaining power is unequal between rich and poor. B) without money, who can define fair values? C) my wants and supplies do not match your supplies and wants

8、. D) it leads to imperfect competition. E) all of the above. 12. The economic role of government in mixed economies can include: A) provision of public goods. B) tax collections. C) income redistribution. D) all of the above. E) none of the above. 13. By the invisible hand, Smith meant the influence

9、 and lobbying of the hidden interest groups. A) True B) False 14. A society which forgoes present consumption: A) is forced to do so because of excessive consumption within the country in the past. B) may be devoting new resources to new capital formation. C) is merely devoting resources to the repl

10、acement of capital. D) expects to consume only that amount tomorrow which was foregone today. E) does none of the above. 15. An economic good is valued in part by its scarcity. A) True B) False 16. The statement that roundabout methods of production are often more efficient than more direct methods:

11、 A) means that roundabout methods use the same inputs as more direct methods, except for time, which is not a scarce economic good. B) means that consumers ought to choose those goods which most lend themselves to roundabout methods of production. C) means that the most roundabout method is always t

12、he most efficient method of producing any output. D) is false, for direct and indirect methods of production are usually the same in terms of efficiency. E) suggests that foregone consumption devoted to investment sometimes increases future output in ways that more closely match individual and/or so

13、cial desires. 17. Which of the following statements is true of specialization? A) Specialization is inconsistent with the idea of individual freedom. B) Economies that practice a division of labor are morally superior to those that do not. C) In accepting specialization, a person sacrifices his or h

14、er own interests for the sake of societys interest. D) While specialization has enormous advantages, the costs outweigh them. E) Increased productivity is more likely to be achieved through specialization. 18. In an affluent modern society, businesses may have to offer workers more fulfilling jobs.

15、A) True B) False 19. Consumers vote their dollars primarily in: A) labor markets. B) land markets. C) capital markets. D) goods markets . E) none of the above. 20. An example of legal limitations on property rights is the prohibition of pollution. A) True B) False 21. Lower prices coax out higher quantities demanded along a downward-sloping demand curve. A) True B) False 22. An increase in price will lead to a lower quantity demanded because: A) suppliers will supply only the smaller amount. B) quality