ĐỀ ÔN LUYỆN KINH TẾ VI MÔ SỐ 1

Which economic concept cannot be explained by the production possibility frontier (PPF)?

• A. Concept of opportunity cost.

• B. Concept of supply and demand.

• C. Law of increasing opportunity cost.

• D. Idea of scarcity.

Which of the following statements is true regarding the role of an economist?

• A. An economist is a policy advisor.

• B. An economist is a scientist.

• C. When trying to explain the world, an economist is a policy advisor; while when striving to improve the world, they are a scientist.

• D. When trying to explain the world, an economist is a scientist; while when striving to improve the world, they are a policy advisor.

What does microeconomics study?

• A. Activities that occur throughout the entire economy.

• B. The general price level of a country.

• C. How individuals, businesses, and households make decisions and interact with each other.

• D. How to reduce the inflation rate of a country.

Which of the following statements belongs to macroeconomics?

• A. The unemployment rate in Vietnam is 2.23% in 2023.

• B. Vietnam's GDP growth in 2023 is 5.05%.

• C. The revenue growth rate of Vingroup Group is 16% in 2023.

• D. Answers A & B are both correct.

Which of the following belongs to microeconomics?

• A. The current unemployment rate in Vietnam is high.

• B. Economic profit is the driving force attracting new businesses to enter the production industry.

• C. Fiscal policy and monetary policy are tools for the government to regulate the economy.

• D. The GDP growth rate of Vietnam in 2023 is 5.05%.

Which of the following statements is a normative statement?

• A. The GDP growth rate in Vietnam in 2023 is 5.05%.

• B. The inflation rate in Vietnam in 2023 is 3.25%.

• C. If the government prints more money, inflation will increase.

• D. The government should reduce VAT to stimulate the economy.

Which of the following statements is a positive statement?

• A. The government should provide free medicine for the elderly and children.

• B. The government should increase the minimum wage in 2024.

• C. Vietnam should focus on investing in infrastructure to attract foreign direct investment (FDI).

• D. The GDP growth rate in Vietnam in 2023 is 5.05%.

Which analytical tool describes the different combinations of two goods that can be produced when resources are used efficiently?

• A. Production Possibility Frontier (PPF).

• B. Circular flow model.

• C. Supply curve.

• D. My answer is the same as the one next to me.

In the circular flow model, in the market for factors of production, who is the seller and who is the buyer?

• A. Enterprises sell, households buy.

• B. Enterprises buy, households sell.

• C. Enterprises sell, Government buys.

• D. Enterprises and households sell, Government buys.

On the production possibility frontier (PPF):

• A. Points on the PPF represent an economy that is producing efficiently.

• B. Points inside the PPF represent an economy that is producing inefficiently.

• C. Points outside the PPF represent an economy that cannot be achieved due to insufficient production resources.

• D. I see that all of the above statements are correct.