經濟 1991 年 DSE、CE、AL 選擇題（第 3 頁）

21.

Cathay Pacific Airways Ltd. took over Hong Kong Dragon Airlines Ltd. (港龍航空公司). This is an example of

22.

The employment of part-time workers on Sundays enables Chinese restaurants

23.

Other things being equal, an open market sale of bonds by the central bank to the non-bank public will

(1)curb the credit creation power of the commercial banks.

(2)raise the market rate of interest.

(3)increase the amount of securities held by the commercial banks.

(4)lead to a fall in national income.

24.

When demand increase, which of the following would cause a greater rise in price?

25.

God may have started out to create all men equal, but our parents intervened. Natural differences in abilities, attributes and tastes go far to explain wage differences. Economics tells us that

26.

Which of the following may cause the market demand for housing in Hong Kong to increase ?

27.

When the tax on commodity X is doubled, its tax revenue is also doubled. This indicates that

28.

The reasons for classifying the video-renting industry in Hong Kong as monopolistic competition are:

(1)The entry and exit of firms are restricted.

(2)The firms engage in non-price competition.

(3)The services of the firms are not homogenous.

(4)The firms charge the same price.

29.

Which of the following can best serve as money in a desert?

30.

The withdrawal of money from banks causes