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
体坛英语资讯:United States make mens final at 2018 ITTF Pan American Championships
国内英语资讯:China takes coercive measures against two Canadians: FM spokesperson
体坛英语资讯:British Olympian Levine banned for failing drugs test
《龙猫》今日国内上映 中国版海报“暗藏玄机”
国内英语资讯:Xi meets with HKSAR chief executive
国内英语资讯:Chinese top legislator meets Ecuadorean president
国内英语资讯:Premier Li meets delegates attending Understanding China Conference
体坛英语资讯:World indoor long jump champion Echevarria to take part in IAAF Birminham Grand Prix
国际英语资讯:Spotlight: Trumps former lawyer gets 3-year prison time, president denies giving direction
体坛英语资讯:Dovizioso wins rain affected Valencia Moto GP
体坛英语资讯:Mbappe injured in Frances 1-0 victory over Uruguay
国际英语资讯:Interpol rejects Ecuadors request to arrest ex-president Correa
国际英语资讯:S. African president vows to fight corruption in state-owned enterprises
体坛英语资讯:Cuba upset hosts Chile in Pan America quarterfinal
国内英语资讯:Afghanistan, China vow to enhance cooperation, combat terrorism
双语阅读:母亲给过你哪些宝贵的建议
国内英语资讯:Xi meets with Macao SAR chief executive
体坛英语资讯:Chinese Sinobo becomes new owner of Slavia Praha football club
国际英语资讯:Syrian govt sees liberation of Idlib as priority: FM
国际英语资讯:Ukrainian president, NATO chief discuss Kerch Strait situation
双语阅读:过节第一次带对象回家 这些小心机让你避免尴尬
国际英语资讯:Senior British official hails progress in Yemen peace talks
双语阅读:中国科学家开发用于皮肤再生的生物活性物质
体坛英语资讯:Kenyan distance runner Chepkoech makes final 5 for IAAF best athlete award
双语阅读:中老年人多蒸桑拿 有助降低心血管病死亡风险
体坛英语资讯:Mane signs new long-term deal with Liverpool
2018年12月英语六级易考范文:论老龄人口
国内英语资讯:Sino-US trade talks advance amid close contact: MOC
谷歌2018搜索报告:《延禧攻略》全球最火 梅根王妃最受关注
体坛英语资讯:League champions of China, Japan, Australia to meet at AFC Champions league group stage
不限 |
英语教案 |
英语课件 |
英语试题 |
不限 |
不限 |
上册 |
下册 |
不限 |