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
雅思词汇:电影类
雅思词汇速记之医疗篇
雅思词汇速记之足球篇
雅思词汇:求职类
雅思词汇:环境污染类
雅思词汇速记之“反义词”篇
雅思写作的高分词汇
雅思词汇:中国独特概念类
雅思词汇:雅思听力高频短语
雅思词汇量要求是多少
雅思考试必备词汇
雅思考试必备词汇:爱好和消遣
雅思考试词汇必备:字母N开头
雅思词汇:家庭类
雅思词汇速记之常见职位
雅思考试词汇必备:字母R开头
雅思考试高频词汇
雅思考试必备词汇:医学类
雅思考试词汇:旅游咨询
雅思考试词汇必备:字母O开头
雅思词汇速记之公共标识篇
雅思考试必备词汇:家纺布艺
雅思考试必备词汇:化妆品类
雅思词汇速记之九大行星
雅思词汇:“And”的用法大全
雅思的“小苹果”
雅思词汇速记:圣诞篇
雅思阅读的核心词汇
雅思词汇速记之偷盗类
雅思词汇:职业类
| 不限 |
| 英语教案 |
| 英语课件 |
| 英语试题 |
| 不限 |
| 不限 |
| 上册 |
| 下册 |
| 不限 |