宏观经济学选择题选项版

1.Economics is concerned primarily with: c. the allocation of scarce resources.

2. When Samuelson and Nordhaus write that “goods are limited while wants seem limitless,they mean that:

d. there is no simple solution to the basic economic problems of scarcity and

unlimited human wants.

3. Which of the following are economic goods?

e. All of the above, except a（A.Atlantic Ocean sea water.）

7. The three fundamental questions of economic organization are:

a. closely related to the concept of scarcity.

11. Capital is: c. both an input and an output.

12. Land, labor, and capital are: e. all of the above.

13. Which of the statements below does not apply to the production-possibility frontier,or PPF?

b. Quantities of inputs are measured along the axes of the PPF.

14. Which of the statements below is a reason why an economy might produce a level of output that is beneathits production-possibility frontier?

b. The available body of technological knowledge is not being fully utilized.

15. Which of the following statements is false when an economy is on its PPF?

d. Consumers will have all that they need.

16. Which of the following statements could be used to explain an outward shift in the production-possibilityfrontier?

e. All of the above apply.

17. Which of the following are measured along the axes of a PPF graph?

b. quantities of finished commodities.

1. Markets can occur:

a. whenever buyers and sellers of the same product can communicate with one another.

2. If a commodity such as peanuts becomes overstocked, sellers will:

c. lower their prices hoping to lure additional buyers into the marketplace.

3. A market equilibrium is defined as occurring when:

b. the price is such that the quantity that buyers want to buy is equal to the quantity

that sellers want tosell.

7. An example of specialization in production can be seen when: d. all of the above.

9. Capital, in an economic sense, includes all the following except: b. a $100 bill.

14. The philosophy of laissez-faire means that:

e. government interferes as little as possible in economic affairs.

15. Government’s role in a modern economy is to: d. all of the above.

16. Perfect competition means that:

b. no firm or consumer is large enough to affect the market price.

20. Pollution control policy is directed at improving: b. efficiency.

1. A demand curve for widgets shows:

c. the quantity of widgets that would be purchased per unit of time at each

alternative price, holdingother factors influencing demand fixed.