Economic theory, option 4 (test)

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Uploaded: 03.07.2013
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1. The production possibilities curve illustrates:
a) the impact of scarcity and opportunity cost to society;
b) the benefits of the production of one product instead of another;
c) change in the price of various products;
d) the opportunity cost of producing one or other of the goods;
d) there is no correct answer.

2. Which of the following can be attributed to factors of production:
a) natural resources (land, minerals, water resources);
b) physical and mental abilities of the person spent in the production of goods and services;
c) the equipment, machine tools, machinery, raw materials;
d) the ability of people to make rational decisions, to be able to take risks;
d) ways of producing goods and services (technology);
e) information factor;
g) environmental factors;
h) all the previous answers are correct;
i) The correct answer is a), b), c) and d).

3. Formulate concepts:
a) what to produce, how to produce, for whom to produce - it ........
b) the economic agent (individual or group of individuals) who owns the resources received for their money and spend it on consumption goods - it ...........

4. True or False (yes, no):
a) Some of the economic benefits available in unlimited quantities
b) With the development of society reduced the share of benefits that meet basic needs, and increasing the proportion of goods that meet the needs of the secondary

1. If the economic problems are how to use market mechanisms, and on the basis of government intervention, the economy:
a) traditional;
b) mixed;
c) command;
g) market.

2. Formulate the concept:
The system, which is dominated by state ownership, collective decision-making and centralized planning - is ....................

3. If the production is carried out in the interests of an individual, it is:
a) collective ownership and collective appropriation;
b) private property and private appropriation;
c) public ownership and public appropriation;
d) all of the answers are wrong.

4. The economic system solves the following questions:
a) that, where, for whom to produce;
b) what, how, for whom to produce;
c) when, why, where, and who manufacture;
d) all answers are correct;
d) there is no correct answer.

1. Product - is:
a) the thing that has use value or utility;
b) the thing is a product of human labor;
c) the thing exchanged for money or other thing;
d) the benefit, not the product of labor, but a useful person;
d) all of the answers are wrong.

2. What are the problems in a market economy must deal with the state?
3. Market - is:

1. Formulate concepts:
a) Change in the number of goods that producers are willing and able to sell related to the operation of non-price factors - it .......
b) Pairs of goods for which the price increase of one leads to an increase in demand on the other - it is .......
c) the amount of goods that consumers are able and willing to buy on the market at this price - it ........
2. True or False (yes, no):
3. The market for goods and services is in equilibrium if:
4. The market demand is not influenced by:
5. absolutely inelastic demand curve is:

1. True or False (yes, no):
2. Which of the following statements is the marginal cost?
3. Formulate the concept:
The period during which the application does not change the amount of some of the factors of production - is .......
4. The average variable costs - is:

Additional information

1. True or False (yes, no):
a) In the market of perfect competition, firms offer a variety of products than under monopolistic competition;
b) If the demand curve monopolistically competitive firms, ceteris paribus flatter than in monopoly.

2. Monopoly suggests that:
a) the market penetration of new companies is not limited;
b) produced a standard product;
c) the manufacturer may choose a combination of price and volume of output, which gives the maximum profit;
d) buyers and sellers accept prices as the data;
d) there is no correct answer.

3. An example of a natural monopoly can be:
a) "General Motors";
b) "Gazprom";
c) Metropolitan of Moscow;
g) the firm "Kodak";
d) The correct answer is b) and c);
e) all of the answers are wrong.

4. What of the following features not available on the market of perfect competition:
a) a large number of customers;
b) the homogeneity of the product;
c) inability to influence the market price;
d) advertising;
d) there is no correct answer.

1.Sformuliruyte concepts:
a) The annual contributions equal to the value of consumption for the period of capital - is .......
b) The ratio of nominal GDP to real - it .........
2.Predmetom study of macroeconomics are:

3. Perform the task:
What is the size of net exports of country X, if the volume of exports amounted to 500 den. u, while imports 590 den. u?
4. If the nominal GDP will increase by two and a half times, and the deflator will remain unchanged, as it will affect the value of real GDP?

1. Formulate concepts:
a) The collection purchased by the State of goods and services - is ..............
b) The horizontal portion of the aggregate supply curve, where the price level does not change. In this segment the increase in aggregate demand will increase total output, but the prices remain unchanged - this is ..........
2. True or False (yes, no):
a) In an equilibrium economy there is always a full-time;
b) Investment costs more volatile than consumer, as they affect the dynamics of the interest rates and expectations of entrepreneurs.
3. If the disposable income is equal to zero, it can be argued that:
1. Gross investment - is:

1. Formulate concepts:
a) very rapid price increases, generating a "flight" of money - it .......
b) People who have a job, and all part-time workers or nedelyu- it ..............
2. True or False (yes, no):
a) The composition of the workforce and the need to include the unemployed and actively looking for work;
b) Inflation - a decrease in the purchasing power of money, which is manifested in an increase in the general price level in the economy
3. The period of recovery is always a decrease in:
4. If the rising commodity prices, rising wages, and production and employment are falling, it's this:

1. True or False (yes, no):
a) The value of the national debt is the accumulated sum of all the state budget deficit (excluding the budget surplus);
b) In countries with a federal system it has a three-tiered nature of the budget.
2. Formulate concepts:
a) The amount of the previous budget deficits minus budget izlishkov- it ................
b) Monetary emission, internal and external zaymy- it ................
3. direct taxes does not apply:
4. Fiscal policy can be:

1. True or False (yes, no):
a) If the level of prices for goods and services will be reduced by 50%, double the value of money;
b) Monetary policy is conducted by the government
2. Formulate concepts:
a) The interest rate under which the Central Bank gives loans to banks - it .........
b) The minimum size of the contribution that a depository institution must hold in the Central Bank (Bank Central heating) or to keep in cash - it .......
3. What do the banks:

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