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:Confidence regained as China beats South Korea in FIBA World Cup
国内英语资讯:Chinese, U.S. senior officials agree to promote ties
国内英语资讯:Press communique issued after SCO Qingdao summit
国内英语资讯:Chinas high-tech manufacturing industry sees rapid growth in Aug.
体坛英语资讯:Stuttgart extend coach Korkuts contract to 2020
国际英语资讯:UN blames conflict, economic hardship on rise of statelessness in South Sudan
国际英语资讯:Annual British monarchs birthday celebrations sees latest royal Meghan Markle on parade
国内英语资讯:President Putin meets Chinese vice premier on cooperation
体坛英语资讯:Colombia full-back Fabra to miss World Cup with knee injury
国内英语资讯:Xi, Putin agree to promote greater development of China-Russia ties at high level
体坛英语资讯:Olympiacos win Greek mens handball championship
国际英语资讯:Britain urges U.S. to reconsider diplomatic immunity for diplomats wife
体坛英语资讯:Midfielder Fred to miss Brazils last World Cup warm-up match
国内英语资讯:Hong Kong legislative council passes railway link checks co-location bill
体坛英语资讯:Pan storms to the lead in Zhuhai
体坛英语资讯:Zverev wins third consecutive five-setter, Wozniacki trails at Roland Garros
体坛英语资讯:Schalke extend contracts with Faehrmann, Nastasic
国内英语资讯:China, India to promote bilateral ties from new starting point
国内英语资讯:HKSAR chief executive vows greatest resolve to end violence
国内英语资讯:Xi stresses building elite maritime force during navy inspection
体坛英语资讯:Iran to stun Morocco in 2018 World Cup, says Queiroz
国内英语资讯:Full text of Chinese President Xi Jinpings speech at the 18th SCO Qingdao summit
国际英语资讯:Ethiopia PM vows not to harm Egypts share of Nile water
国际英语资讯:Saudi Arabia intercepts missile fired towards border city Jazan
国际英语资讯:G7 summit kicks off in Canada amid trade disputes between U.S., allies
体坛英语资讯:Turkey edge Portugal 2-1 to reach Toulon semis
国内英语资讯:Chinese State Councilor meets Turkish FM
体坛英语资讯:Nadal sweeps Thiem to claim 11th title at Roland Garros
国际英语资讯:Iran to build nuclear propulsion system: atomic chief
国内英语资讯:Xi sends congratulatory letter to China Welfare Institute
| 不限 |
| 英语教案 |
| 英语课件 |
| 英语试题 |
| 不限 |
| 不限 |
| 上册 |
| 下册 |
| 不限 |