经济学原理对应练习 06

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1、Chapter6/Supply,Demand,andGovernmentPoliciesv259Chapter6Supply,Demand,andGovernmentPoliciesMultipleChoice1.Pricecontrolsareusuallyenacteda.asameansofraisingrevenueforpublicpurposes.b.whenpolicymakersbelievethatthemarketpriceofagoodorserviceisunfairtobuyersorsellers.c.whenpolicymakersdetectineffic

2、ienciesinamarket.d.Alloftheabovearecorrect.ANS:BPTS:1DIF:1REF:6-0TOP:Priceceilings

3、PricefloorsMSC:Interpretive2.Thepresenceofpricecontrolsinamarketusuallyisanindicationthata.aninsufficientquantityofagoodorservicewasbeingproducedinthatmarkettomeetthepublic’sneed.b.theusualforcesofsupplyanddemandwe

4、renotabletoestablishanequilibriumpriceinthatmarket.c.policymakersbelievedthatthepricethatprevailedinthatmarketintheabsenceofpricecontrolswasunfairtobuyersorsellers.d.policymakerscorrectlybelievedthat,inthatmarket,pricecontrolswouldgeneratenoinequitiesoftheirown.ANS:CPTS:1DIF:2REF:6-0TOP:Priceceil

5、ings

6、PricefloorsMSC:Interpretive3.Policymakerssometimesareattractedtopricecontrolsbecausea.theyviewthemarket'soutcomeasinefficient.b.theyviewthemarket'soutcomeasunfair.c.itispoliticallypopulartoimposepricecontrolsinmarketsinwhichthedemandforthegoodorserviceisinelastic.d.theyarerequiredtodosounder

7、theEmploymentActof1946.ANS:BPTS:1DIF:2REF:6-0TOP:Priceceilings

8、PricefloorsMSC:Interpretive4.Pricecontrolsa.alwaysproduceanequitableoutcome.b.alwaysproduceanefficientoutcome.c.cangenerateinequitiesoftheirown.d.producerevenueforthegovernment.ANS:CPTS:1DIF:2REF:6-0TOP:Priceceilings

9、PricefloorsMSC:In

10、terpretive5.Policymakersusetaxesa.toraiserevenueforpublicpurposes,butnottoinfluencemarketoutcomes.b.bothtoraiserevenueforpublicpurposesandtoinfluencemarketoutcomes.c.whentheyrealizethatpricecontrolsaloneareinsufficienttocorrectmarketinequities.d.onlyinthosemarketsinwhichtheburdenofthetaxfallsclea

11、rlyonthesellers.ANS:BPTS:1DIF:2REF:6-0TOP:TaxesMSC:Interpretive6.Alegalmaximumpriceatwhichagoodcanbesoldisapricea.floor.b.stabilization.c.support.d.ceiling.ANS:DPTS:1DIF:1REF:6-1TOP:PriceceilingsMSC:DefinitionalChapter