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Trắc nghiệm kinh tế vi mô: 10 principles of economics

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Trắc nghiệm kinh tế vi mô: 10 principles of economics

Junjie Liu - Econ 105Practice Multiple ChoiceChapter 1—Ten Principles of Economics1.With what concept does economics deal primarily with?a.scarcityb.p

Trắc nghiệm kinh tế vi mô: 10 principles of economics povertyc.changed.power2.Which of the following is NOT included in the decisions that every society must make?a.what goods will be producedb.who will p

roduce the goodsc.what determines consumer preferencesd.who will consume the goods3.For what reason do both households and societies face many decisio Trắc nghiệm kinh tế vi mô: 10 principles of economics

ns?a j2ecause resou^esarescarceb.because populations may increase or decrease over timec.because wages for households and therefore society fluctuate

Trắc nghiệm kinh tế vi mô: 10 principles of economics

with business cyclesd.because people, by nature, tend to disagree4. When is a good considered scarce in a society? a.when more output of the good is p

Junjie Liu - Econ 105Practice Multiple ChoiceChapter 1—Ten Principles of Economics1.With what concept does economics deal primarily with?a.scarcityb.p

Trắc nghiệm kinh tế vi mô: 10 principles of economics chest people in the economy can buy all they want of the good5.When does scarcity exist?a.when there is less than an infinite amount of a resource or

goodb.when society can meet the wants of every individualc.when there is ess of a Rood or resource available than people wish to haved.when the govern Trắc nghiệm kinh tế vi mô: 10 principles of economics

ment fails to produce goods6.Which of the following would NOT be true in a world without scarcity?a.There would be no need for the science of economic

Trắc nghiệm kinh tế vi mô: 10 principles of economics

s.b.Everyone would have all the goods and services they wanted.c.There would have to be an infinite supply of every resource.d.There would be opportun

Junjie Liu - Econ 105Practice Multiple ChoiceChapter 1—Ten Principles of Economics1.With what concept does economics deal primarily with?a.scarcityb.p

Trắc nghiệm kinh tế vi mô: 10 principles of economics Liu - Econ 105Practice Multiple Choice

Junjie Liu - Econ 105Practice Multiple ChoiceChapter 1—Ten Principles of Economics1.With what concept does economics deal primarily with?a.scarcityb.p

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