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
专家揭秘鲜花天然美容法 皱纹、痘痘、黑眼圈全搞定
这波操作太6!坐过山车尽情尖叫吧,还能给手机充电
国内英语资讯:Xi sends condolences to Putin over fatal shopping mall fire
What future for a humble British coin? 小面值英镑硬币 未来是去是留?
这个问题有点“污”…人一生要排多少便便?
姜黄拿铁也过时了?现在流行喝蘑菇咖啡
国内英语资讯:China calls for EU caution on protective measures
网球到底是黄色还是绿色?看看费德勒怎么说
国内英语资讯:China calls for rationality in Sino-U.S. trade ties
小测验 — 描述少儿读物种类的英语词汇
哈卷在演唱会暗示霉霉?粉丝都希望他们复合
绝对的高薪!区块链人才争夺战打响!
运气逆天! 美国一男子在五周内连中两次彩票!
姜黄拿铁也过时了?现在流行喝蘑菇咖啡
The problem with disposable coffee 外带咖啡纸杯的“回收难题”
“我服了你”:英语怎么说?
中美贸易战正式打响?美国将要限制华为手机!
穿浅色衣服真的会更凉快吗?
Under the thumb?
法国儿童入学年龄将从6岁降至3岁
国内英语资讯:Chinese premier vows to deepen reform, opening up
How late is too late? 多晚算太晚?
减肥黑科技:冷冻饥饿神经
这个问题有点“污”…人一生要排多少便便?
霍金将入葬威斯敏斯特教堂 与牛顿和达尔文为伴
国内英语资讯:Feature: Chinese aid brings smiles to faces of flood victims in Nepals Terai region
中国计划对约30亿美元美国输华产品加征关税
国内英语资讯:Freight train service linking N China, Mongolia launched
《2017中国人睡眠白皮书》发布 失眠人群加速年轻化
科学家揭秘蟑螂何以成为打不死的'小强'
| 不限 |
| 英语教案 |
| 英语课件 |
| 英语试题 |
| 不限 |
| 不限 |
| 上册 |
| 下册 |
| 不限 |