The Central Problem of Economics _* V- t; h' W3 a7 [5 c3 o
The central problem of economics is to satisfy the people's and nation's wants.1 r4 q" h) `7 o1 Y9 w( V$ F
The problem we faced with is that our resources,here identified as money are _1__.4 X+ P4 O$ a/ r0 B9 v% ] N
The only way we can solve the problem is to _2__ choices.After looking at our resources,we must examine our list of _3__ and identify the things we need immediately , _4_ we can postpone,and those we cannot afford.As individuals,we face the central problem involved in economics---decideing how to allocate our limited resources to _5__ ourselves with greatest satisfaction of our wants.$ I! h' S. g' v4 o& B$ C
Nations face __6_ problem. As a country's population_7__, the need for more goods and services grows correspondingly. Resources necessary to production may increase,but there _8__ are enough resources to satisfy the total desires of a nation.Whether the budget meeting is _9__ in the family living room,in the conference room of the corporation __10_ of directors,or in the chamber of the House of Representatives in Washington,the basic problem still exists.We need to find _11__ of allocating limited resources in order to satisfy unlimited wants.
, o x/ ]' m4 M3 v) R7 a A short time ago,economists _12__ goods into two categories,free and economic.The former.,like air and water,were in _13__ abundance that economists had no concern for them.After all,economists is the _14__ of scarcity and what to do about it.Today many of these "free goods" are _15__ very expensive to use.Population has made clean air and water _16__ for producers who have to filter their waste products,for consumers who ultimately _17__ the producer's extra cost,and _18__ taxpayers who pay for the government's involvement _19__ the environment.. ^+ \/ P; D- L1 G8 k r0 G+ C
In the 1990s,almost all goods are scares.Only by effort and money_20__ obtained in the from people wish." ~3 \8 c0 A+ `$ X l9 H
1) A abundant B scarce C limited D unlimited
& I" B7 b% R% k! i% U6 ]4 ?' } 2) A have B do C make D ask
! W/ p5 E* R! V7 M: A 3) A want B resources C want D problem
; m3 F4 J4 r2 {- `, z 4) A some B others C that D those
+ {' q2 U( H8 f r 5) A bring B provide C take D satisfy
) g) X) R4 ~0 Y4 F 6) A another B the same C the other D a same
' j. K2 ?" F0 L( z4 L 7) A growing B grown C grows D grow
% t, N7 f9 b0 F3 F 8) A sometimes B always C often D never
/ [4 D# _: J `( v7 S6 M- F 9) A taking place B happening C replacing D taking the place
C: ^7 t4 L) E1 a2 }# W 10) A board B group C management D function3 k( N7 F* @( u" n; p* X- J
11) A means B approach C ways D method3 f9 n* ]4 c$ Q8 B/ _( W/ R- T
12) A seperate B divide C cut D divided
$ I) J& H+ J! m' `1 {$ x2 X8 R 13) A a so B great C such D such an
& [- V* u3 X8 ?* g7 L( S 14) A study B form C means D source |