4 The Market Forces of Supply and Demand书籍

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1、Chapter4/TheMarketForcesofSupplyandDemandF133Chapter4TheMarketForcesofSupplyandDemandMULTIPLECHOICE1.Theforcesthatmakemarketeconomiesworkarea.priceandquantity.b.demandandsupply.c.theSenateandHouseofRepresentatives.d.theConstitutionandtheBillofRights.ANSWER:b.demandandsupply.TYPE:MSECTION:1D

2、IFFICULTY:12.Whichofthefollowingarethewordsmostcommonlyusedbyeconomists?a.surplusandshortageb.scarcityandhumanwantsc.supplyanddemandd.priceandquantityANSWER:c.supplyanddemandTYPE:MSECTION:1DIFFICULTY:13.Oneresultofadroughtinthemidwestcouldbeanincreaseina.farmmachineryprices.b.thepriceofdies

3、elfuelusedinfarming.c.migrantfarmworkers’wages.d.thepriceoffrostedshreddedwheat.ANSWER:d.thepriceoffrostedshreddedwheat.TYPE:MSECTION:1DIFFICULTY:24.Inafreemarket,whodetermineshowmuchofagoodwillbesoldandthepriceatwhichitissold?a.suppliersb.demandersc.thegovernmentd.suppliersanddemanderstoge

4、therANSWER:d.suppliersanddemanderstogetherTYPE:MSECTION:1DIFFICULTY:15.Amarketisaa.groupofdemandersandsuppliersofaparticulargoodorservice.b.groupofpeoplewithcommondesires.c.placewhereonlysellersmeet.d.placewhereonlybuyerscometogether.ANSWER:a.groupofdemandersandsuppliersofaparticulargoodors

5、ervice.TYPE:MSECTION:1DIFFICULTY:16.Thebehaviorofpeopleastheyinteractwithoneanotherinmarketsisreferredtoasa.economics.b.interaction.c.demandandsupply.d.socialpsychology.ANSWER:c.demandandsupply.TYPE:MSECTION:1DIFFICULTY:1Chapter4/TheMarketForcesofSupplyandDemandF1337.Whichofthefollowingistr

6、ue?a.Buyersdeterminesupplyandsellersdeterminedemand.b.Buyersdeterminedemandandsellersdeterminesupply.c.Buyersandsellersasonegroupdeterminesupply.d.Buyersandsellersasonegroupdeterminedemand.ANSWER:b.Buyersdeterminedemandandsellersdeterminesupply.TYPE:MSECTION:1DIFFICULTY:28.Foreachgoodproduc

7、edinamarketeconomy,demandandsupplydeterminea.thepriceofthegood,butnotthequantity.b.thequantityofthegood,butnottheprice.c.bothpriceandquantity.d.neitherpricenorquantityisdeterminedbydemandandsupply,becausepricesareultimatelysetbyproducers.ANSWER:c.bothpri