微观经济学模拟题.doc

Microeconomics Final Test 2010 I. Multiple Choice (1 points per each. In total 40 points) Identify the letter of the choice that best completes the statement or answers the question. ___1. Which of the following will change a nations comparative advantage? A. a technological advance in producing manufactured goods B. a doubling of all wages C. quotas on imports D. a change in consumers preferences for imported goods 影响比较优势的因素：气候和自然资源；劳动力和资本的相对充裕；技术；外部经济 ____ 2. If Japan can produce each unit of steel using fewer resources than Canada does, A. Canada has an absolute advantage in steel production. B. Japan has an absolute advantage in steel production. C. Japan has a comparative advantage in steel production. D. Canada has a comparative advantage in steel production. 绝对优势：数量 比较优势：机会成本 ____ 3. Suppose you are considering going to the movies, and you place a $12 value on your anticipated enjoyment of the movie. The ticket price is $6 and you would be giving up two hours of work, where you earn $5 per hour. You would go to A. work; the opportunity cost of the movies exceeds the expected benefit. B. the movies; your incentive is the $6 excess expected benefit. C. the movies; your enjoyment will exceed the lost wages by $2. D. the movies; the benefit of $18 exceeds the lost wages. ____ 4. The amount of a good or service that buyers would be willing and able to purchase at a specific price is known as A. quantity demanded. B. demand. C. supply. D. quantity supplied. ____ 5. Which of the following are the best examples of substitute goods? a. personal computers and computer software programs b. milk and cookies c. IBM and Gateway personal computers d. hot dogs and mustard ___ 6. If the decline of Good A’s price leads the demand curve of Good B moving to the right, A. Good A and Good B are substitutes. B. Good A and Good B are complements. C. Good A is an inferior good, Good B is a luxury good. D.