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
每天一份菠菜,大脑年轻11岁
哪个国家的游客最爱从酒店顺东西?
大学毕业生成为人生赢家的九个诀窍
小孩童大智慧:永不过时的外国童话书
为吸引中国游客,西班牙拼了
25个小短句 测试你的英语水平
A型人格的11条纠结特质 中招否?
教你辨别主流美音主流口音!
人类能否在两三年内治愈癌症
寻找幸福:由爱驱动的七“字”箴言
囧研究 你喝的每一杯水都是恐龙尿
晒幸福or自黑:马尔福和哈利恋爱了?
中外网友齐愤慨:王思聪为爱犬买俩苹果表
全美最肥喵星人:体重相当4岁男孩
美女们请注意!千万别在简历上附照片!
健康5式:减肥是一场自我较量
大自然的奇迹!5个值得一游的地方
献给丢失爱情的你:戛纳获奖短片Sign笔记
迈克尔•杰克逊梦幻庄园出售:标价1亿
英文原版小说看不下去?手把手教你读
爆笑街头采访经典问题:爱爸爸or爱妈妈?
全球同性恋幸福指数排行:冰岛第1中国63
英国看病全免费?留学生就医3大绝招
谁更高大上? 热门英剧角色口音大盘点
英国警察不减肥就会丢掉工作?
减肥不用节食!7款低热量美味食材
如何提高阅读能力?KWL阅读方法来助力
哈利波特外传敲定!小雀斑出演男一号
前瞻!即将火爆2030年的9大未来职业
韩国妹子卸妆视频走红网络
| 不限 |
| 英语教案 |
| 英语课件 |
| 英语试题 |
| 不限 |
| 不限 |
| 上册 |
| 下册 |
| 不限 |