重庆会计网Instructor: Hirofumi Shimizu
Economics 101 Section 8
Third Midterm Exam Fall 1999
Exam 3A
Mark the one best answer to each of the following 30 multiple choice questions on the answer sheet.
Be sure to mark the answer by the corresponding question number on the answer sheet. Do not make any stray marks on your answer sheet.
The marginal revenue product of labor (MRP L) is
(a) the increa in total revenue resulting from lling one more unit of output.
(b) the average product of labor multiplied by product price.
(c) equal to the market price of the product.
(d) the increa in total revenue resulting from the u of one additional unit of labor.
2.
magamiA profit-maximizing perfectly competitive firm should choo the level of labor so that动画片下载
(a) marginal product of labor (MP L) = marginal revenue product of labor (MRP L).
(b) marginal product of labor (MP L) = wage.
(c) marginal revenue product of labor (MRP L) = wage.
(d) marginal revenue product of labor (MRP L) = the product's price.
3.
behave是什么意思Marginal product of labor (MP L) multiplied by the product's price (P) equals
(a) marginal revenue product of labor.
(b) marginal physical product of labor.headlock
(c) marginal revenue.
(d) marginal cost.
中文翻译日文4.
Suppo that women are discouraged from being engineers, but face no barriers in becoming schoolteachers. Then, it follows that
(a) the salaries of women and men engineers must be equal.
(b) men will earn higher salaries as engineers than they would with free access to
engineering jobs by women.
(c) women will earn higher salaries than men as schoolteachers.
(d) the gap between salaries earned by men and women will narrow.
5.
The Lorenz curve for a hypothetical economy is given for two different years. Between 1960 and 1990,
(a) the income distribution became more equal.
(b) the median income fell.
(c) the poverty rate ro.
(d) the income distribution became less equal.
6.
If there were complete equality of income, the Lorenz curve would be
(a) clo to the horizontal axis.
(b) the diagonal line.
(c) a curve clo to the diagonal line.
(d) a curve substantially above the diagonal line.
Percentage of Houholds 100 0 Percentage of Total Income
The above table provides hypothetical data for the percentage of total income earned by each fifth of the population. Which of the following points would be on a Lorenz curve bad on this data?
(a) 20 percent on the horizontal axis, 43 percent on the vertical axis.
(b) 40 percent on the horizontal axis, 10 percent on the vertical axis.
(c) 60 percent on the horizontal axis, 32 percent on the vertical axis.
(d) 4 percent on the horizontal axis, 20 percent on the vertical axis.
交通工具的英语单词8.
The term prent value refers to the
束手无策什么意思(a) value that a capital good will have in the future.
(b) current interest rate.
(c) value today of a payment to be made in the future.
(d) value in the future of a payment made today.
When the interest rate is i , the prent value of $X to be received a year from now is (a) )
2013年高考日期i (X $+1. (b) i X $.
(c) )i (X $+1.
(d) X
$i .
10. If the interest rate is 10 percent, the prent value of $100 received in two years is
(a) $75.25.
(b) $82.64.
(c) $90.90.
(d) $94.73.
11. If the interest rate is 4 percent, the prent value of $100 received each year forever is
(a) $96.15.
马云纽约演讲
(b) $2,500.
(c) $4,000.
(d) $104.
