ECO111 FE 1-65
Authored by Phương Thảo
English
University
CCSS covered
Used 12+ times
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60 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The marginal benefit John gets from eating a fourth cheeseburger at a picnic is
a. the total benefit John gets from eating four cheeseburgers minus the total
benefit John gets from eating three cheeseburgers.
b. the same as the total benefit of eating four cheeseburgers.
c. less than the marginal cost of eating the fourth cheeseburger since he chose to
eat the fourth cheeseburger.
d. the total benefit John gets from eating five cheeseburgers minus the total benefit
John gets from eating four cheeseburgers.
Answer explanation
Lợi ích cận biên mà John nhận được từ việc ăn chiếc bánh mì kẹp phô mai thứ tư trong chuyến dã ngoại là
a. tổng lợi ích John nhận được từ việc ăn bốn chiếc bánh mì kẹp phô mai trừ đi tổng lợi ích mà John nhận được từ việc ăn ba chiếc bánh mì kẹp phô mai.
b. tương đương với tổng lợi ích của việc ăn bốn chiếc bánh mì kẹp phô mai.
c. ít hơn chi phí cận biên để ăn chiếc bánh mì kẹp phô mai thứ tư kể từ khi anh ta chọn ăn miếng phô mai thứ tư.
d. tổng lợi ích mà John nhận được từ việc ăn năm chiếc bánh mì kẹp phô mai trừ đi tổng lợi ích mà John nhận được từ việc ăn bốn chiếc bánh mì kẹp phô mai.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Mitch has $100 to spend and wants to buy either a new amplifier for his guitar
or a new mp3 player to listen to music while working out. Both the amplifier
and the mp3 player cost $100, so he can only buy one. This illustrates the basic
concept that
a. trade can make everyone better off.
b. people face trade-offs
c. rational people think at the margin.
d. people respond to incentives.
Answer explanation
Sự đánh đổi
1: guitar
2 mp3 player
" he can only buy one" : anh ấy chỉ có thể mua một cái
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Senator Smart, who understands economic principles, is trying to convince
workers in her district that trade with other countries is beneficial. Senator Smart
should argue that trade can be beneficial
a. only if it allows us to obtain things that we couldn't make for ourselves.
b. because it allows specialization, which increases total output.
c. to us if we can gain and the others involved in the trade lose.
d. in only a limited number of circumstances because others are typically self
interested.
Answer explanation
Senator Smart argue trade because it allows specialization, which increases total output.
Thượng nghị sĩ Smart tranh luận về thương mại vì nó cho phép chuyên môn hóa, làm tăng tổng sản lượng.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
QN=4 (17136) Economics deals primarily with the concept of
a. scarcity.
b. money.
c. poverty.
d. banking.
Answer explanation
Senator Smart argue trade because it allows specialization, which increases total output.
Thượng nghị sĩ Smart tranh luận về thương mại vì nó cho phép chuyên môn hóa, làm tăng tổng sản lượng.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
QN=5 (17126) Households and economies have each of the following in common EXCEPT
both
a. must allocate scarce resources.
b. face many decisions.
c. must allocate the goods and services they produce.
d. must have a central decision maker.
Answer explanation
d. must have a central decision maker.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
QN=6 (17130) An increase in the overall level of prices in an economy is referred to as
a. economic growth.
b. inflation.
c. monetary policy.
d. supply shocks.
Answer explanation
increase in the overall level of prices => inflation.
Sự gia tăng mức giá chung => lạm phát.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
QN=7 (17144) In an economy in which decisions are guided by prices and individual self
interest, there is
a. the potential to achieve efficiency in production.
b. a strong need for government intervention in the market.
c. less efficiency than would be observed in a centrally-planned economy.
d. more need for a strong legal system to control individual greed than would be
needed in a centrally-planned economy
Answer explanation
guided by prices and individual self-interest => achieve
hướng dẫn bởi giá cả và lợi ích cá nhân=> đạt đc hiệu quả trong sx
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