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ID:43847319
大小:295.85 KB
页数:8页
时间:2019-10-15
《经济学原理__英文版复习题》由会员上传分享,免费在线阅读,更多相关内容在行业资料-天天文库。
1、复习题:一、TrueorFalse:1.Governmentpoliciesthatimproveequalityusuallyincreaseefficiencyatthesametime.2.Arationaldecisionmakertakesanactionifandonlyifthemarginalcostexceedsthemarginalbenefit.3.Tradeallowseachpersontospecializeintheactivitiesheorshedoesbest,thusincreasingeachindivid
2、ual'sproductivity.4.theproductionpossibilitiesfrontiershowstheopportunitycostofonegoodasmeasuredintermsoftheothergood.5.Whenaproductionpossibilitiesfrontierisbowedoutward,theopportunitycostofthefirstgoodintermsofthesecondgoodincreasesasmoreofthesecondgoodisproduced.6.Foracoun
3、tryproducingtwogoods,theopportunitycostofonegoodwillbetheinverseoftheopportunitycostoftheothergood.7.Ifacountryhasthecomparativeadvantageinproducingaproduct,thenthatcountrymustalsohavetheabsoluteadvantageinproducingthatproduct.8.Anincreaseinthepriceofpizzawillshiftthedemandcu
4、rveforpizzatotheleft.9.Adecreaseinsupplyshiftsthesupplycurvetotheright.10.Thedemandforgasolinewillrespondmoretoachangeinpriceoveraperiodoffiveweeksthanoveraperiodoffiveyears.11.Supposethatwhenthepricerisesby10%foraparticulargood,thequantitydemandedofthatgoodfallsby30%.Thepric
5、eelasticityofdemandforthisgoodisequalto1/3.12.Demandisinelasticifthepriceelasticityofdemandisgreaterthan1.13.Apriceceilingisalegalminimumonthepriceatwhichagoodorservicecanbesold.14.Apricefloorsetabovetheequilibriumpriceisnotbinding.15.Theequilibriumofsupplyanddemandinamarketm
6、aximizesthetotalbenefitstobuyersandsellersofparticipatinginthatmarket.16.Efficiencyisrelatedtothesizeoftheeconomicpie,whereasequalityisrelatedtohowthepiegetsslicedanddistributed.17.Whenmarketsfail,publicpolicycanpotentiallyremedytheproblemandincreaseeconomicefficiency.18.Asth
7、esizeofataxincreases,thegovernment'staxrevenuerises,thenfalls.19.Becausethesupplyoflandisperfectlyelastic,thedeadweightlossofataxonlandisverylarge.20.Inprinciple,tradecanmakeanationbetteroff,becausethegainstothewinnersexceedthelossestothelosers.21.Ifatariffisplacedonwatches,t
8、hepriceofbothdomesticandimportedwatcheswillrisebytheamountofthetarif
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