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
英语词汇 妙趣横生的英语单词含义1
常见的英语同义词50组(2)
小学趣味英语单词H的学习
儿童英语单词学习 文件用品
英语词汇 妙趣横生的英语单词含义2
小学英语分类词汇表 22
小学趣味英语单词I的学习
小学趣味英语动物世界-动物单词
小学英语分类词汇表 19
英语词汇 英文构词词根表 5
小学趣味英语单词E的学习
小学英语分类词汇表 13
喜欢与厌恶表达用语小结
英语词汇 品牌中的英语含义
英语词汇 音乐常用术语
英语词汇 英文构词词根表 6
小学英语分类词汇表 15
常见的英语同义词50组(1)
英语词汇 英文构词词根表 3
小学英语分类词汇表 8
英语词汇 容易混淆拼错的英语词
小学趣味英语单词G的学习
英语词汇 与“狗”有关的谚语中英文版
英语词汇 600句中文短语英文表达1
告别表达方法小结
英语中只能用复数形式的名词
小学英语分类词汇表 3
英语词汇 英语单词词源100讲 9
英语词汇 英语单词词源100讲 5
英语词汇 一些常见海鲜菜的说法
不限 |
英语教案 |
英语课件 |
英语试题 |
不限 |
不限 |
上册 |
下册 |
不限 |