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
体坛英语资讯:Brazils Gremio sign Uruguayan starlet
BBC:总有那么些英文词 连母语者都觉得懵逼
2016届广东省高考英语二轮原创复习课件:语法填空
小学五年级上册英语第一单元复习资料
国际英语资讯:Putin, Orban agree on necessity of strengthening cooperation in fight against terrorism
体坛英语资讯:Suarez and Messi give Barca the edge in Kings Cup semi
国内英语资讯:Beijing receives over 2 bln cubic meters of water from Yangtze
国际英语资讯:U.S. prison on lockdown after guards taken hostage by inmates
国内英语资讯:Road to reach last two towns in Tibet
面试中如何回答:你为什么想要这份工作?
结婚也不忘减肥养生的婚宴是什么样子的?
英国政府发布“脱欧白皮书”
老外说这是世界最美仙境:贝加尔湖到底有多美
面试时这么说你就踩雷了
美国参议院批准赵小兰任美国运输部长
为什么我们喜欢吃垃圾食品?
想看原著?从这10本读起
“明星脸”性爱机器人即将面世
2016届广东省高考英语二轮原创复习课件:语法填空
国际英语资讯:U.S. Senate confirms Tillerson as Secretary of State
2016神剧推荐 过节必备的追剧清单
2016届广东省高考英语二轮原创复习课件:语法填空
辛普森爸爸能为现代生活带来什么启示
I love my family
“鸡年”到底怎么说?Chicken?Rooster?
教育部改教材 八年抗战改为十四年
中国电商刷单害苦英国人
国际英语资讯:Spotlight: Turkey will have to face Kurdish autonomy in Syria: analysts
白宫对伊朗导弹试射发出警告
国际英语资讯:Israeli police start evacuating unauthorized Jewish outpost in West Bank
| 不限 |
| 英语教案 |
| 英语课件 |
| 英语试题 |
| 不限 |
| 不限 |
| 上册 |
| 下册 |
| 不限 |