Kinh Tế Học Cơ Bản

Resources are

• plentiful for households but scarce for economies.

• scarce for households and scarce for economies.

• scarce for households but plentiful for economies.

• plentiful for households and plentiful for economies.

When economists are trying to explain the world, they are

• scientists.

• policy advisers.

• in the realm of microeconomics rather than macroeconomics.

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

A statement describing how the world is

• would only be made by an economist employed by the government.

• would only be made by an economist speaking as a policy adviser.

• is a positive statement.

• is a normative statement.

Economists in the field of industrial organization study how

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

• externalities and public goods affect the environment.

• firms' demand for labor and individuals' supply of labor affect resource markets.

• central banking policies affect financial markets.

Unemployment would cause an economy to

• produce inside its production possibilities frontier.

• produce outside its production possibilities frontier.

• produce on its production possibilities frontier.

• experience an inward shift of its production possibilities frontier.

Which of the following is correct?

• Economists study the management of scarce resources.

• All of the above are correct.

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

• Because economists believe that people pursue their best interests, they are not interested in how people interact.

The government can potentially improve market outcomes if market inequalities or market failure exists.

• Đúng

• Sai

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

• efficiency/equality

• equality/efficiency

• efficiency/efficiency

• equality/equality

The phenomenon of scarcity stems from the fact that

• most of economies do not have good production methods.

• resources are limited.

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

• governments restrict production of too many goods and services.

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 ton of wheat is 0.025 computers.

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

• Opportunity cost of 1 ton of wheat is 1 computer