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
Robbing by Mistake误抢
Losing a Shoe in the City在城里丢失一只鞋
About Railway Transportation关于铁路运输
An Friend Indeed一个真正的朋友
Seeing a Classmate in Hospital到医院看同学
A Coincidence巧合
心中有景 花香满径 高中作文
关于健康的英语作文,如何保持健康
Urban Life and Rural Life城市生活与乡村生活二
Add Feet to His Snake
关于健康的英语作文
An Experience in Examination考试感受
关于灾难的英语作文
I love My Hometown我爱我的家乡四
Would My Father Have to Operate父亲得动手术吗
To Be A Helpful Man
The Growth in Fast Food快餐的增长
A Birthday Party生日聚会
金钱和健康
A Case of Murder一件谋杀案
关于学生社团
My First-Year College life我的第一年校园生活
Industry工业
Novel小说
A Beggar-一个乞丐
A Letter of Complaint一封投诉信
An Instructive Day
The 2008 Beijing Olympic Games 2008北京奥运会
What Is a Really Good Salesman什么是能干的店员
Waste-Resource At A Wrong Place废物在错了地方资源
| 不限 |
| 英语教案 |
| 英语课件 |
| 英语试题 |
| 不限 |
| 不限 |
| 上册 |
| 下册 |
| 不限 |