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
Colombia's 'queen of cocaine' shot dead at 69
Virus compared with SARS not found in China
Chinese go online to buy latest iPhone
Red Cross embraces challenges
Tablet makers diversify to tackle Apple
Spaniards see EU rescue as inevitable
US embassies tighten security
12 missing in accident
Writers win copyright lawsuit against Baidu
Collapse at construction site injures workers
Ghosts of 9/11 haunt US policy
Booklet tells parents to 'prevent' homosexuality
Heat vs Clippers tickets to go on sale
Van Persie off to United
电影《悲惨世界》歌词翻译赏析之二[1]
Chinese hip-hop king gets his shot at Bryant
Career hits a bump?
Plans to curb sandstorms in Beijing and Tianjin
First Lady first up as Democrats try to break deadlock
French town lures Chinese tourists to 'revolution road'
Collapse of pavilion prompts concerns
Trophy makes Serena hungry for more
Youku Tudou outlines vision for merged company
58 people drown after refugee boat sinks
大自然的召唤,关于洗手间的英文
Obama needs to tread carefully in Chicago strike
Students made to work at Foxconn as interns
Beijing demands activists' release
Top Gun director jumps to his death
Australian recall for top two exporters
| 不限 |
| 英语教案 |
| 英语课件 |
| 英语试题 |
| 不限 |
| 不限 |
| 上册 |
| 下册 |
| 不限 |