經濟 1999 年 DSE、CE、AL 選擇題

1.

The existence of scarcity implies that

2.

Jenny won a cooking competition and was awarded a famous brand microwave oven. This microwave oven is

3.

In a market-oriented economy,

4.

Case I: The market price of Good X decreases by $4 per unit after the provision of a $10 per unit subsidy. Case II: The market price of Good X decreases by $6 per unit after the provision of a $10 per unit subsidy. We can conclude that in comparing the two cases, Good X in Case I has a ______ demand or a ______ supply.

5.

In which of the following pairs does the demand for the first good create a derived demand for the second?

6.

Unit price ($)	Quantity Demanded (units)	Quantity Supplied (units)
7	8	20
6	12	18
5	16	16
4	20	14
3	24	12

Refer to the above supply and demand schedule for good X. The government sets its minimum price at $4 per unit. What would happen if the government raised the minimum price to $6 per unit?

7.

The abolition of an effective quota on an imported good will result in

(1)a fall in its price

(2)an increase in its import volume

(3)an increase in its total sales revenue.

(4)an improvement in its quality.

8.

Refer to the following supply and demand schedule for good Y and answer questions 8 and 9

Unit price ($)	12	11	10	9	8	7
Quantity demanded (Units)	40	60	80	100	120	140
Quantity supplied (units)	280	240	200	160	120	80

If the government imposed a $3 per unit tax on Y, what would the new total sales revenue be?

9.

Refer to the following supply and demand schedule for good Y and answer questions 8 and 9

Unit price ($)	12	11	10	9	8	7
Quantity demanded (Units)	40	60	80	100	120	140
Quantity supplied (units)	280	240	200	160	120	80

The ratio of the buyers' tax burden to the sellers' tax burden is

10.

Which of the following are capital goods of a school?

(1)teacher's knowledge of economics

(2)notes taken by the students

(3)watch-dogs