微观经济学的练习题以及答案英文版.doc

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1、Chapter01ThinkingLikeanEconomist MultipleChoiceQuestions 1. Economicsisbestdefinedasthestudyof: A. pricesandquantities.B. inflationandinterestrates.C. howpeoplemakechoicesundertheconditionsofscarcityandtheresultsofthosechoices.D. wagesandincomes. 2. Economicquestionsalwaysdealwith: A

2、. financialmatters.B. politicalmatters.C. insufficientresources.D. choiceinthefaceoflimitedresources. 3. Therangeoftopicsorissuesthatfitwithinthedefinitionofeconomicsis: A. limitedtomarketactivities,e.g.,buyingsoap.B. limitedtoindividualsandfirms.C. extremelywide,requiringonlytheidea

3、sofchoiceandscarcity.D. verylimited. 4. Thecentralconcernofeconomicsis: A. poverty.B. scarcity.C. wealthaccumulation.D. overconsumption. 5. Thescarcityprincipleindicatesthat: A. nomatterhowmuchonehas,itisneverenough.B. comparedto100yearsago,individualshavelesstimetoday.C. withlimited

4、resources,havingmoreof"this"meanshavinglessof"that."D. becausetradeoffsmustbemade,resourcesarethereforescarce. 6. Thelogicalimplicationofthescarcityprincipleisthat: A. onewillneverbesatisfiedwithwhatonehas.B. aswealthincreases,makingchoicesbecomeslessnecessary.C. aswealthdecreases,ma

5、kingchoicesbecomeslessnecessary.D. choicesmustbemade. 7. Ifalltheworld'sresourcesweretomagicallyincreaseahundredfold,then: A. thescarcityprinciplewouldstillgovernbehavior.B. economicswouldnolongerberelevant.C. thescarcityprinciplewoulddisappear.D. tradeoffswouldbecomeunnecessary. 8. 

6、Theprincipleofscarcityappliesto: A. thepoorexclusively.B. allconsumers.C. allfirms.D. everyone—consumers,firms,governments,andnations. 9. Attheveryleast,JoeAverageandBillGatesarebothidenticallylimitedby: A. theirwealth.B. the24hoursthatcompriseaday.C. theirknowledge.D. theirinfluence

7、. 10. ForestisamountainmanlivingincompleteisolationinMontana.Heiscompletelyself-sufficientthroughhunting,fishing,andfarming.Hehasnotbeeninthecitytobuyanythinginfiveyears.Onecaninfer: A. thescarcityprincipledoesnotapplytoForest.B. Forestisnotrequiredtomakechoices.C. thescarcityprincip

8、lestillappli