經濟 1990 年 DSE、CE、AL 選擇題

1.

Tommy was asked to choose one birthday present from the following three things: a model spaceship, a walkman and a jacket. He liked the model spaceship the most and the walkman second. What would be his opportunity cost if he chose the model spaceship?

2.

'Consumer equilibrium' means

3.

A free good is a good which

4.

The most feasible and frequently used instrument of monetary policy in Hong Kong is:

5.

Basic economic problems in a market economy are mainly solved by

6.

Which of the following are pre-conditions for open market operations to be effective?

(1)There is a large stock of government securities.

(2)Commercial banks have a propensity to keep excess reserves.

(3)There is a well-developed securities market.

(4)There is a Central Bank.

7.

Which of the following will result in a 'shortage' of housing?

8.

Suppose there is a good harvest of apples this year. Under which of the following conditions will apple growers earn more income?

9.

No. of Workers	Marginal Output
1	10
2	12
3	14
4	13
5	12

From the above table, the average output will be the highest when _____ workers are employed.

10.

Which characteristic listed below applies to all limited companies?