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
初二年级英语暑期练习
初中二年级英语暑期作业精选
7月份中国房价跌势放缓
必备八年级英语暑期作业练习题
初二英语暑假作业练习
初三暑假生活作业英语指导答案2015
研究:交通噪声缩短寿命?
应该密切关注身体对跑鞋的选择意见
《鹊桥仙》英文翻译
2015年八年级英语暑期作业练习
斯里兰卡总理承诺延续与中国的投资关系
5国语言达人亲授 听歌学外语只需5步
俄罗斯难以摆脱中国放缓影响
2015初三英语暑假作业指导练习
央行新增“MLF”操作
贵阳发文界定“两童”
苹果公司的无人驾驶汽车计划可能已问世
2015最新八年级英语暑假生活指导作业
初二年级英语暑期作业复习题
习大大谈抗战 我们要牢记历史
凡尔赛宫将改建酒店创收
初二英语暑假生活指导答案
《十二道锋味》:究竟为何如此火
初中二年级英语暑期练习作业
别让学生再做作业了!近视成大问题
佳士得打造首批便携私人岛屿
《滚蛋吧,肿瘤君》:生命尽头 愈发坚强
七夕传统风俗大观 乞巧加乞福
新入职场的“零阻力员工”
首席快乐官CHO 让微笑进驻企业
| 不限 |
| 英语教案 |
| 英语课件 |
| 英语试题 |
| 不限 |
| 不限 |
| 上册 |
| 下册 |
| 不限 |