1996 年

經濟 · 共 61 題 · 點擊選項即時核對答案

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21.

The total amount of currency issued is $100 billion. Half is held by the non-bank public and half is held by commercial banks as reserves. Suppose the minimum reserve ratio is 20% and banks do not keep excess reserves, the money supply will be

22.

When a public limited company liquidates, which of the following will be the last one to have the right to claim repayment from the company?

23.

When inflation occurs, the opportunity cost of holding money is equal to

24.

Given that people have well-defined rights to enjoy fresh air, which of the following justifies the government prohibiting smoking in public areas?

25.

The shareholders of a public limited company is different from the debenture holders of the company in that

26.

Short run is a period in which

(1)there are fixed factors of production.
(2)there are variable factors of production.
(3)the technology of production is fixed.
27.
No. of workers1234
Average product (units)2674

Refer to the above table. Diminishing marginal return sets in after _____ workers are employed in the production.

28.
No. of machinesNo. of workersTotal output
57100
58120
59150
510200

Refer to the above table. Which of the following is a possible reason for the increase in total output?

29.

The unit cost of producing cars and computers in the U.K. and Country A are given below:

CarsComputers
U.K.£280£70
Country A$450$150

Which of the following statement(s) is/are correct?

(1)Country A has a comparative advantage in producing cars.
(2)U.K. has an absolute advantage in producing both goods.
(3)U.K. has a comparative disadvantage in producing cars and an absolute advantage in producing computers.
30.

Newspapers in Hong Kong competed among themselves by cutting prices in 1995. This implies that

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