财经英语复习题

Unit1

1．Translation

(1) 国内生产总值(full name) (6) market economy

(2) 固定资产(7) security market

(3) 通胀率(8) capital resources

(4) 机会成本(9) macroeconomics

(5) 失业率(10) current assets

(11) 由于资源的有限性和需求的无限性，人类常常不得不做出一些选择。这是经济学研究的中心问题。

(12) 在市场经济下，价格的波动在调节个人需求方面起着核心的作用。

(13) GDP is used to measure economic activity and is both a procyclical and coincident economic indicator.

(14) Today market economic system is the most dominant system in the world, which based upon private property and the

free market.

2. True or False

(1) Inventories is an important procyclical and coincident economic indicator.

(2) Even the amount of capital resources, such as corporate stocks and bonds that can be raised

during specific period, is limited.

(3) Microeconomics deals primarily with aggregates (total mount of goods and services produced by society) a nd absolute

levels of prices.

(4) Opportunity cost is the “next-best” choice to the choice you have made.

(5) The reason why there re some people drive cars but some people ride bikes is because the different resource allocation

of the society.

(6) GDP is the total market value of all the final goods & services produced by people of a country during a given period

(usually one year). ( )

(7) When the interest rate is high, the investors would be likely to invest. ( )

(8) Macroeconomics is the study of the economy as a whole. ( )

(9) Fixed capital is the capital resource with a long life and can be used repeatedly in the production process, like machines

and factory buildings. ( )

(10) Unemployment rate is both a countercyclical and leading economic indicator. ( )

3.choices

1．GDP refers to the Gross Domestic Product which is used to measure economic activity and thus is both a __________ and ____________economic indicator.

A. procyclical

B. countercyclical

C. leading

D. lagged

E. coincident

2. Inventory tends to be a ________and ________ economic indicator.

A. procyclical

B. countercyclical

C. leading

D. lagged

E.coincident

3. _____ is where an economy that had previously been growing slows down.

A. depression

B. increase

C. recession

D. inflation

4. When the quantity supplied rises as the price rises and falls as the price falls , we say that the quantity supplied is

________to the price of the goods.

A. negative related

B. positive related

C. negatively related

D. positively related

5. ___ is the study of how limited resources are used to satisfy people’s unlimited material wants and needs.