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1、微观经济学纸质练习ch1-ch2姓名： 学号： 得分： A Multiple choice (2*16)1. When an economist talks of scarcity, the economist is referring to theA) ability of society to employ all of its resources.B) ability of society to consume all that it produces.C) inability of society to satisfy all human wants because of limite
2、d resources.D) ability of society to continually make technological breakthroughs and increase production.Answer: C2. An inducement to take a particular action is called A) the marginal benefit. B) the marginal cost.C) opportunity cost.D) an incentive.Answer: D3. Which of the following questions is
3、NOT a microeconomic question?A) Can the Federal Reserve keep income growing by cutting interest rates?B) How would a tax on e-commerce affect eBay?C) What is Britneys opportunity cost of having another baby?D) Does the United States have a comparative advantage in information technology services?Ans
4、wer: A4. When a California farmer decides to harvest lettuce using machines instead of by migrant workers, the farmer is answering the _ part of one of the two big economic questions.A) how B) for whom C) scarcity D) whatAnswer: A5. Which of the following statements are correct?I.The highest-valued
5、alternative given up to get something is the opportunity cost.II.Wealthy economies dont experience opportunity costs.III.Scarcity creates opportunity costs.A) I only B) I and II C) I and III D) I, II, and IIIAnswer: C6. Which of the following is a positive statement?A) People buy more of a good or s
6、ervice when its price falls.B) The distribution of income is fair.C) The government ought to provide health care to everyone.D) Corporations should be more socially responsible.Answer: A7. After you graduate, you have decided to accept a position working at the Bureau of Labor Statistics for $45,000
7、.00 a year. The two other offers you received wereworking for Wal-Mart for $38,000 and working for Ernst and Young consulting for $42,000. Of these two offers, you would have preferred the job at Ernst and Young. What is the opportunity cost of accepting the position at the Bureau of Labor Statistic
8、s?A) the $45,000 you are paid for working at the Bureau of Labor StatisticsB) the $42,000 you would have been paid working for Ernst and YoungC) the $38,000 you would have been paid working for Wal-MartD) the $42,000 you would have been paid working for Ernst and Young and the $38,000 you would have
9、 been paid working for Wal-MartAnswer: B8. The production possibilities frontier separates _.A) the goods and services that people want from those that they do not wantB) the types of goods that can be attained from those that cant be attainedC) the quantities of goods and services that can be produ
10、ced from those that cannot be producedD) the combinations of goods that people value and those that they dontAnswer: C9.When operating on its PPF, a country can produce 2 tons of butter and 200 cars OR 3 tons of butter and 150 cars. The opportunity cost of 1 ton of butter is _ cars per ton of butter
11、.A) 300 B) 200 C) 50 D) 0.75Answer: C10. A country produces only pencils and erasers. Pencil production is allocatively efficient if the marginal _ of a pencil equals the marginal _ of _. A) cost; benefit; an eraser B) cost; cost; an eraserC) benefit; benefit; an eraser D) benefit; cost; a pencilAns
12、wer: D11. At one point along a PPF, 50 tons of coffee and 100 tons of bananas are produced. At another point along the same PPF, 30 tons of coffee and 140 tons of bananas are produced. The opportunity cost of a ton of coffee between these points isA) 7/5 of a ton of bananas per ton of coffee.B) 1/2
13、of a ton of bananas per ton of coffee.C) 5/7 of a ton of bananas per ton of coffee.D) 2 tons of bananas per ton of coffee.Answer: DProduction possibilitiesPossibilityPizza(per hour)Soda(cases per hour)A0100B195C280D360E435F5012. In the above table, the production of 3 pizzas and 80 cases of soda isA
14、) impossible unless more resources become available or technology improves.B) feasible but would involve unemployed or misallocated resources.C) possible only if the economy produces with maximum efficiency.D) possible only if there is inflation.Answer: A13. In the above table, the opportunity cost
15、of the 2nd pizza is A) 0 cases of soda per pizza.B) 15 cases of soda per pizza.C) 95 cases of soda per pizza.D) 80 cases of soda per pizza.Answer: B14. Betty and Ann live on a desert island. With a days labor, Ann can produce 8 fish or 4 coconuts; Betty can produce 6 fish or 2 coconuts. Anns opportunity cost of producing 1 coconut is _ and she should specialize in the production of _.A) 8 fish per coconut; fishB) 2 fish per coconu
