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
国防部披露裁军细节
莫斯科获评世界最不友好城市
8月份中国官方制造业PMI为49.7
申根签证须录生物识别数据
日本取消涉嫌抄袭的奥运会会徽
模特出身仪仗队女兵备战阅兵游行
抗战胜利纪念日为何定在9.3
围观歪果仁如何吐槽快递慢
假首饰真配饰的“闪光纹身”
《民族区域自治制度在西藏的成功实践》白皮书
新九年级暑假作业英语练习
揭秘9.3大阅兵背后的故事
英学校将着装违规学生轰回家
习近平阅兵讲话全文
卖肾之前你应该了解iPhone 6S的五件事
纹身在中国不再是禁忌
中国单身男性人数5年后将超澳人口
投资or存款?跟美国创业者学理财
反手摸肚脐已经out了,炫身材新招——"反手夹手机"
抗战胜利70周年“纪念币”发行
东京奥运会徽弃用网友来支招
优步在中国与滴滴开打消耗战
山西立法保护女性“更年期权利”
抗日战争词汇权威英译
我国将推进“分级诊疗制度”
渤海租赁收购爱尔兰飞机租赁公司
应用推乘车攻略避拥挤车厢
手机成学习成绩下降罪魁祸首
广东评职称打破“唯论文论”
《英国糟心事儿》开播,全民开启No Zuo No Die模式
| 不限 |
| 英语教案 |
| 英语课件 |
| 英语试题 |
| 不限 |
| 不限 |
| 上册 |
| 下册 |
| 不限 |