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
2016届高考英语一轮复习名师点评专项训练:完形填空33
If you have decided to take some English courses in the UK,阅读理解答案
山东省2016届高三外研版英语单元测试Book6 Module2《Fantasy Literature—Philip Pullman》Word版含解析
山东省2016届高三外研版英语单元测试Book5 Module1《Unexplained Mysteries of the Natural World》Word版含解析
She is widely seen as proof that good looks can last forever阅读理解答案
心理学家告诉你:四招识破一个说谎的人!
2016届高考英语一轮复习名师点评专项训练:完形填空34
高效人士有哪些好的日常行为?
山东省2016届高三外研版英语单元测试Book5 Module3《Adventure in Literature and the Cinema》Word版含解析
山东省2016届高三外研版英语单元测试Book5 Module4《Carnival》Word版含解析
2016届高考英语一轮复习名师点评专项训练:完形填空37
山东省2016届高三外研版英语单元测试Book5 Module2《A Job Worth Doing》Word版含解析
山东省2016届高三外研版英语单元测试Book6 Module6《War and Peace》Word版含解析
Have you ever wondered what a Degree might be worth阅读理解答案
2016届高考英语一轮复习名师点评专项训练:完形填空29
山东省2016届高三外研版英语单元测试Book8 Module2《The Renaissance》Word版含解析
山东省2016届高三外研版英语单元测试Book4 Module4《Great Scientists》Word版含解析
Some day I happened to find a chatting room in my QQ, 短文改错
山东省2016届高三外研版英语单元测试Book6 Module1《Small Talk》Word版含解析
山东省2016届高三外研版英语单元测试Book5 Module5《The Great Sports Personality》Word版含解析
山东省2016届高三外研版英语单元测试Book6 Module5《Cloning》Word版含解析
山东省2016届高三外研版英语单元测试Book7 Module3《Literature》Word版含解析
山东省2016届高三外研版英语单元测试Book4 Module5《A Trip Along the Three Gorges》Word版含解析
2016届高考英语一轮复习名师点评专项训练:完形填空35
山东省2016届高三外研版英语单元测试Book8 Module1《Deep South》版含解析
2016届高考英语一轮复习名师点评专项训练:完形填空32
2017最值得一读的新书 中国作家的也入选了!
山东省2016届高三外研版英语单元测试Book8 Module3《Foreign Food》Word版含解析
山东省2016届高三外研版英语单元测试Book4 Module2《Traffic Jam》Word版含解析
2016届高考英语一轮复习名师点评专项训练:完形填空31
| 不限 |
| 英语教案 |
| 英语课件 |
| 英语试题 |
| 不限 |
| 不限 |
| 上册 |
| 下册 |
| 不限 |