2003 年

經濟 · 共 55 題 · 點擊選項即時核對答案

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11.

According to the equation of exchange, if money supply grows during a time of deflation, it is possible that

12.

In production, resource allocation is said to be efficient when

13.

Answer Questions 11 and 12 by referring to the following market demand schedule of a good.

Price ($)11121314
Quantity demanded (unit)160140120100

Suppose the government imposes a unit sales tax of $3 on the good. As a result, the equilibrium price of the good increases from $12 per unit to $13 per unit. Which of the following descriptions is correct?

14.

A central bank can increase the money supply through

(1)an open market purchase of government bonds
(2)a reduction in the discount rate
(3)a drop in the required reserve ratio
15.

Answer Questions 11 and 12 by referring to the following market demand schedule of a good.

Price ($)11121314
Quantity demanded (unit)160140120100

If the equilibrium price of the good falls back to $12 per unit due to a decrease in production cost,

16.

A market researcher reports to the manager of a company, “Even if we cut prices to boost sales, the sales revenue will remain unchanged because of the elasticity of demand of our product.”

According to the market researcher, their product’s elasticity of demand is

17.

Which of the following diagrams shows the result of a significant reduction in the cost of storing and transporting chilled chicken from the mainland of China to Hong Kong?

Question figure
18.

Which of the following activities are classified as production in economics?

(1)a man delivering newspapers
(2)a girl sewing her own dress
(3)a boy selling pirated compact discs (CD)
19.

Which of the following statements about 'land' is correct?

20.

A public good

經濟 2003 年 DSE、CE、AL 選擇題(第 2 頁) | dselib