Kiểm tra Kinh tế học

Resources are

• abundant for households but scarce for the economy.

• scarce for households and scarce for the economy.

• scarce for households but abundant for the economy.

• abundant for households and abundant for the economy.

When economists try to explain the world, they are

• policy advisors.

• in the field of microeconomics rather than macroeconomics.

• in the field of normative economics rather than positive economics.

• scientists.

A statement describes how the world is

• is a positive statement.

• can only be made by an economist working for the government.

• is a normative statement.

• can only be made by an economist speaking as a policy advisor.

Economists in the field of industrial organization study how

• externalities and public goods affect the environment.

• central bank policies affect the financial market.

• the demand of companies for labor and the supply of individuals for labor affect the resource market.

• companies' decisions about prices and quantities depend on market conditions.

The unemployment situation will cause an economy

• to produce on its production possibility frontier.

• to produce outside its production possibility frontier.

• to produce inside its production possibility frontier.

• to experience an inward shift of its production possibility frontier.

Which of the following statements is correct?

• Because economists believe that people pursue their best interests, they do not care about how people interact.

• Economists study the management of scarce resources.

• All of the above statements are correct.

• The word 'economy' comes from the Greek word meaning 'a rational thinker.'

The government can improve market outcomes if there is inequality or market failure.

• True

• False

The term ______ refers to the size of the economic pie, and the term ______ refers to how the pie is divided.

The phenomenon of scarcity stems from the fact that

• governments restrict production of too many goods and services.

• 
  in most economies, wealthy people consume disproportionate quantities of goods and services.

• 
  most of economies do not have good production methods.

• resources are limited.

The economy consists of two products, computers and wheat. Point A (100 computers, 3000 tons of wheat) and point B (50 computers and 5000 tons of wheat) (the x-axis is wheat and the y-axis is computers). The opportunity cost of this economy when going from B to A is

• None of the above.

• Opportunity cost of 1 computer is 0.025 tons of wheat.

• Opportunity cost of 1 ton of wheat is 1 computer

• 
  Opportunity cost of 1 ton of wheat is 0.025 computers.