1. Mr. Chan lives in his own house which is worth $1o million. he can rent out the house at $20000 per month . he can also sell the house and put the money in a bank at an interest rate of 5% per year. wt is the opportunity cost to mr. chan if he intend to live in the house?
a. $10 million
b. $500000 a year
c. $20000 a month
d. there is no opportunity cost because he lives in his own house.
2. regarding the above question, wt is the opportunity cost to mr.chan of owning the house?
a. $10 million
b. $500000 a year
c. $20000 a month
d. there is no opportunity cost because he lives in his own house.
3. selling price of gd X is initially set below the equilibrium price, if the price ceiling is cancelled later,then
1.revenue increase
2. Qs increase
3. Qd decrease
4. revenue will only decrease if the demand is elastic
a. 1+2
b. 1+3
c. 2+3
d. 2+4
4. if there is a technology breakthrough is improved, does it mean the supply will increase?
5. raise the effective quota of import car=more import car/less import car?F.5 business cycle+public finance
a deficit buget will_____the government's debt
A. raise
B. reduce
C. not affect
D. insufficient information
if the income of an individual increases, then the____ increase.
a. purchasing power
b. consumption expenditure
c. consumption pwer
d. none of the above
btw, wt is the difference between a and c?
if the nominal GDP is increasing at a higher rate than the real GDP, then the inflation rate will
a. unchanged
b. increase
c. decrease
d uncertain
if the general consumer price level increase, then the cost of living of every individual will:
a. increase
b. decrease
c. unchange
d. insufficient information
the GDP deflator increase by 20%,then
a. the consumer price index has increased by 20%
b. the general price level has increased by 20%
c. every household' cost of living has increased by 20%
d. the price of all gds produced in the current year hv incrased by 20%
btw, wt's the difference between a and b?
during inflation and same allowance, ppl real income will:
a. unchanged
b. increase
c. decrease
d uncertain
[ 本文被kobe在2007-03-24 20:33重新編輯 ]
