The Central Problem of Economics
The central problem of economics is to satisfy the peoples and nations wants.
The problem we are faced with is that our resources, here identified as money, are __1__. The only way we can resolve our problem is to make choices. After looking at our resources, we must examine our list of __2__ and identify the things we need immediately, those we can postpone, and __3__ we cannot afford. As individuals, we face the central problem involved in economics-deciding just how to allocate our limited our limited resources to provide __4__ with the greatest satisfaction of our wants.
Nations face the same problem. As a countrys population ___5__, the need for more goods and services grows correspondingly. Resources necessary to production may increase, but there __6__ are enough resources to satisfy the total desires of a nation. Whether the budget meeting is taking place in the family living room, in the conference room of the corporation __7__ of directors, or in the chamber of the House of Representatives in Washington, the basic problem still exists. We need to find __8__ of allocating limited resources in order to satisfy unlimited wants
A short time ago economists divided goods into two categories, free and economic. The former, like air and water, were in __9__ abundance that economists had no concern for them. After all, economics is the __10__ of scarcity and what to do about it. Today many of these free goods are __11__ very expensive to use. Pollution has made clean air and water expensive for producers extra costs, and __12__ taxpayers who pay for the governments involvement in cleaning the environment.
In the 1990s, almost all goods are __13__. Only by effort and money __14__ obtained in the form people wish.
Meeting needs of people and the demands from resource available __15__ the basic activity of production. In trying to meet unlimited wants from limited economic goods, production leads to new problems in economics.
EXERCISE:
1. A) limited B) unlimited C) scarcity D) abundant
2. A) want B) problem C) wants D) resources
3. A) those B) some C) others D) many
4. A) them B) themselves C) ourselves D) ours
5. A) expand B) extends C) grows D) increase
6. A) always B) sometimes C) often D) never
7. A) management B) function C) board D) group
8. A) people B) economists C ) way D) methods
9. A) so B) great C) such D) such an
10. A) form B) study C) means D) source
11. A) practically B) in practice C)in reality D) practicably
12. A) the B) / C) for D) with
13. A) plentiful B) scarce C) abundant D) in full supply
14. A) they can be B) can they be C) they must be D) must they be
15. A) are led to B) leads C) lead to D) leads to
KEY:
A C A C C D C D C B C C B B D
当前最伟大的社会的变革:妇女生活模式的改变
各种的体力锻炼的好处
政府的工作和私企工作的区别
那农作物的危害物
太空中的人看起来像什么呢
猿和孩子引发的冲突的原因
自信可以摆脱紧张的
电脑被用于学校的教育中
20世纪50年代的美国经济的蓬勃发展时期
在家交朋友噢
新事物占据价格的优势
乐观者与悲观者对同一事情的两种不同的态度
学院和大学区别
生活的标准
男人和女人的语言的差异性
那健康的重要性
糖的天然的原料
地震的遭遇
工作决定着一个人的生活
责任感accountability
禁忌的现象行为如何改变社会
贸易的增长离不开能源供应
婴儿的学习行以及所取得的回报
统治者与被统治者们之间的礼仪Etiquette
多吃多玩,体重会下降
故事进展及发现
人类的大脑的功能
工业的社会体系的重要性
信用卡的相关的话题
社会的习俗和行为方式的改变
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