Key to Exercis
Unit 1
I.
Promote trade and growth
Maximize production levels
Spawn discipline
Make assumptions
Allocate resources
II.
1.allocate 2. spectrum 3. advocate 4. constitute 5. discipline 6. resource 7. want 8. scarcity 9. production 10. economics
appropriatenessIII.
1. A 2. B 3. D 4. A
Unit 2
.
allocate resources
relea CDs and books
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supply goods and rvices
forgo consumption of sugar
construct a graph.
.
1. demand; 2. supply; 3.price; 4. resource; 5. consumption; 6. equilibrium; 7. shift; 8. product; 9. correlation; 10.allocation
好看的qq英文名.
1.C 2.B 3.A 4.A 5.dressB
Unit 3
I.
Masximize utility
Cross threshold英语四级查询入口官网
Fulfill wants and needs
Assign an amount
Gain benefit
II.
1.threshold 2. utility 3. aggregate 4. satisfaction 5. consumption 6. marginal 7. maximize 8. rational 9. curve 10. demand
III.
1. C 2. D 3. B
Unit 4
I.
Increa outputs
Forgo choices
Manage resources
Change mind
Trade goods
II.
1. specialization 2. cost 3. deficiency 4. absolute 5. supply 6. hypothetical 7. pricing 8. advantage 9. efficiency 10. opportunity
III.
1. B 2. C 3. A 4. C
Unit 5
I.
trade off pork for beef
partly out of preference and partly out of price
compare the price of a good with what it was ten years ago
relative to overall price level
批判性推理入门price adjusted / corrected for inflation
mbkmeasure the price of a good in nominal prices
calculate the 2007 price of pork in terms of 1983 dollars
measure in constant dollars and current dollars respectively
II.
1.nominal price
2.purchasing power
3.constant dollar
4.corrected price
5.market basket
6.overall prices
7.current dollar
8.consumer price index
9.real price
III.
1.D 2.A 3.C 4.C 5.D
Unit 6
I.
1. distinguish between nominal and real GNP
2. multiply the prices and the quantities
3. correct GNP for inflation
4. maintain a ba year up to date
5. affect all the industries in the same direction
II.
1. GDP 2. depreciation 3.GNP 4. intermediate goods 5. double counting 6.final goods
III.
1. F 2.F 3.T 4. F 5. T 6. T 7. F 8. T 9. T 10. T
Unit 7
I.
describe a similar negative correlation
alter price and income…
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push upward the economy
peg a nominal or real quantity
face a tradeoff…
II.
1. minimum wage, 2.圣经朗读liabilities, 3.fiscal policy, 4.currency, 5.monetary policy, 6.bank rerves, 7.natural rate of unemployment, 8.efficiency wage, 9.miry index
III.
1.B 2.D 3.A 4.C 5.D
Unit 8
I.
1. promote export
2. attain balance
3. implement policies
4. meet the balance
5. stimulate capital inflows
6. stabilize the economy
II.rumour
1.tariff
2.specific duties
3.ad valorem duties
