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
答案:
A C A C C D C D C B C C B B D
国内英语资讯:Air, water quality continues to improve in Beijing
"Chew the fat"真的不是“吃肥肉”!
国内英语资讯:Spotlight: With Lis visit, China forges closer ties with EU
国际英语资讯:Syrian army, rebles fight intense battles in southern province of Daraa
国内英语资讯:Senior Chinese military official calls for enhanced strategic mutual trust between China, U.
高中英语短语大全:字母J开头
一周热词榜(5.27-6.2)
5个方法,助你工作更留心,休息更舒畅
国际英语资讯:Islamic State claims responsibility for London terror attack
李克强在第12届中欧工商峰会上的演讲
国内英语资讯:Full text of Chinese Premier Lis speech at 12th China-EU business summit
比尔盖茨的脑洞,美国开始卖人造肉了
全球首个“智能轨道快运系统”诞生
体坛英语资讯:Sporting in talks to sign Brazilian teenager Wendel
国内英语资讯:Full Text: List of Outcomes of the 19th China-EU Summit
国际英语资讯:2nd LD Writethru: Four unharmed as WFP chartered cargo plane crash lands in Somalia
国内英语资讯:Feature: Cuba and China, united by history
美国官员:夺取拉卡之战可能在今后几日开始
体坛英语资讯:13-year-old Harimoto stuns 6th seed Mizutani at table tennis worlds
科学家说:这8个基因变异真的能给你超能力!
爱,是欣然接受你的笨拙
川普决定暂将美驻以使馆留在特拉维夫
国内英语资讯:Spotlight: Chinese delegation successfully makes Chinas voice heard at Shangri-La Dialogue
体坛英语资讯:Batra and Das make history for India at table tennis worlds
Antibiotic breakthrough, pizza for the homeless 抗生素研究获新突破、比萨店做慈善
为了防止学生作弊,居然关闭了全国的互联网
国内英语资讯:Commentary: China-EU cooperation propelled to new height
国际英语资讯:Mays reaction to London Bridge attacks to boost Conservativeschances in election, says a
国际英语资讯:American big business revolts from U.S. Paris deal withdrawal
国际英语资讯:Deuba becomes sole candidate for Nepal PM
| 不限 |
| 英语教案 |
| 英语课件 |
| 英语试题 |
| 不限 |
| 不限 |
| 上册 |
| 下册 |
| 不限 |