IB Economics Unit 1.2: How Economists Approach the World

1#

Identify the positive stawori+ i1xt2i5m7 zs;rtement from the following choices

A. Public education is provided free by the government.

B. Education must be provided free of charge by the government.

C. The government budget for public education must be increased.

D. Public education ought to be better than private education.

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2#

单选题 ( 1.0 分) 切至整卷模式搜藏此题

Define the term “ceteris paribus”. 70afrghi*- uq

A. All other things are held constant forever.

B. All other things are held constant.

C. All other things are unimportant.

D. All other things are equally important.

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3#

单选题 ( 1.0 分) 切至整卷模式搜藏此题

Which of the following falls within theo 0l*n,+dn2 kawdn6u c realm of normative economics?

A. The use of value judgments

B. The use of models

C. The use of logic

D. The possibility of refutation

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4#

单选题 ( 1.0 分) 切至整卷模式搜藏此题

Which of the following is pls n) sweqdpy6s: 2;,a normative statement?

A. The inflation rate is 2 % % higher than last year

B. The economy has grown faster this year than last year

C. The unemployment rate has fallen by 5 %

D. The richest 10 % % of people own too much wealth

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5#

单选题 ( 1.0 分) 切至整卷模式搜藏此题

With regards to the origin of econok);v(c q z /eem;h9jqdmic ideas in a historical context, which of the follozdcq(kve)eq h;9j / m;wing happened in the 19th century?

A. The Keynesian revolution

B. The Marxist critique of classical economic thought

C. The rise of macroeconomic policy

D. The monetarist/new classical counter revolution

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6#

单选题 ( 1.0 分) 切至整卷模式搜藏此题

Which of the following is a fer ;pf*k5+iza p dv40fvature of the circular economy' which has become more popular in 21d 0fpv4*vpk5r+i a;zfst-century economic thought?

A. Emphasizing repair, refurbishment, and remanufacture

B. Designing products to be replaced after a while

C. Extracting materials for all new products from the environment

D. Once used, products end up in landfill sites

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7#

单选题 ( 1.0 分) 切至整卷模式搜藏此题

Say's Law of Markets can be summarised as supply creates its own demandjz 24m rx -m;zux-+jhxd/5 tfd'. What does this econom4 hf+ dj-zutj -x/mx5;2 rzdxmic principle mean?

A. If a product is supplied, then households will immediately buy it.

B. If a product is supplied, then households will eventually want it.

C. If a product is supplied, then households will have the income to demand it.

D. If a product is supplied, then households will be dependent on it.

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8#

单选题 ( 1.0 分) 切至整卷模式搜藏此题

Maximisation of utility assumesz d4 -so:8xg;o6exmod

A. consumers are rational and that their purchases of goods and services will maximise their satisfaction

B. producers are rational and that they would always maximise their profits

C. governments are rational, and they would always maximise their tax revenues.

D. consumers make choices out of habit

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