Sec 1.2 MC How People Interac

Sec 1.2 MC How People Interac

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时间:2019-09-20

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1、1. Whichofthefollowingisaprincipleconcerninghowpeopleinteract? a. Marketsareusuallyagoodwaytoorganizeeconomicactivity. b. Rationalpeoplethinkatthemargin. c. Peoplerespondtoincentives. d. Alloftheabovearecorrect.ANSWER:  aDIFFICULTY:  ModerateLEARNING OBJECTIVES:  ECON.MANK.224-Givenascenario,id

2、entifywhichprincipleofeconomicinteractionbestdescribesit.TOPICS:  EconomicthinkingKEYWORDS:  BLOOM'S:ComprehensionCUSTOM ID:  001.01.2-MC-MANK082. Whichisthemostaccuratestatementabouttrade? a. Tradecanmakeeverynationbetteroff. b. Trademakessomenationsbetteroffandothersworseoff. c. Tradingforago

3、odcanmakeanationbetteroffonlyifthenationcannotproducethatgooditself. d. Tradehelpsrichnationsandhurtspoornations.ANSWER:  aDIFFICULTY:  ModerateLEARNING OBJECTIVES:  ECON.MANK.011-Applybasicprinciplesabouttheinternationalflowofgoodsandcapital.TOPICS:  InternationaltradeKEYWORDS:  BLOOM'S:Compre

4、hensionCUSTOM ID:  002.01.2-MC-MANK083. Theprinciplethat"tradecanmakeeveryonebetteroff"appliestointeractionsandtradebetween a. families. b. stateswithintheUnitedStates. c. nations. d. Alloftheabovearecorrect.ANSWER:  dDIFFICULTY:  EasyLEARNING OBJECTIVES:  ECON.MANK.011-Applybasicprinciplesabou

5、ttheinternationalflowofgoodsandcapital.TOPICS:  InternationaltradeKEYWORDS:  BLOOM'S:ApplicationCUSTOM ID:  003.01.2-MC-MANK084. Theprinciplethattradecanmakeeveryonebetteroffappliesto a. individuals. b. families. c. countries. d. AlloftheaboveANSWER:  dDIFFICULTY:  EasyCopyrightCengageLearning.

6、PoweredbyCognero.Page 31LEARNING OBJECTIVES:  ECON.MANK.011-Applybasicprinciplesabouttheinternationalflowofgoodsandcapital.TOPICS:  InternationaltradeKEYWORDS:  BLOOM'S:ComprehensionCUSTOM ID:  004.01.2-MC-MANK085. Whichofthefollowingstatementsabouttradeisfalse? a. Tradeincreasescompetition. b.

7、 Withtrade,onecountrywinsandonecountryloses. c. Bulgariacanbenefit,potentially,fromtradewithanyothercountry. d. Tradeallowspeopletobuyagreatervarietyofgoodsandservicesatlowercost.ANSWER:  bDIFFICULTY:  ModerateLEARNING OBJECTIVES:

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