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The price of a good that prevails in a world market is called the()
发布时间:
2024-06-01 15:41:00
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相关试题
1.
The price of a good that prevails in a world market is called the()
2.
If the long-run market supply curve for a good is perfectly elastic, an increase in the demand for that good will, in the long run, cause 选项: A、an increase in the number of firms in the market but no increase in the price of the good. B、an increase the price of the good and an increase in the number of firms in the market. C、an increase the price of the good but no increase in the number of firms in the market. D、no impact on either the price of the good or the number of firms in the market.
3.
If a consumer places a value of $15 on a particular good and if the price of the good is $17, then the_________. 选项: A、market is not a competitive market B、price of the good will fall due to market forces C、consumer does not purchase the good D、consumer has consumer surplus of $2 if he or she buys the good
4.
Suppose the government imposes a $40 tax on the buyers of refrigerators. The tax would: ( ) 选项: A:shift the demand curve downward by less than $40. B:raise the equilibrium price by $40. C:create a $20 tax burden each for buyers and sellers. D:discourage market activity. E:legal minimum on the price at which a good can be sold is called a() F:group of buyers and sellers of a particular good or service is called a() G:tax on an imported good is called a() H:logical starting point from which the study of international trade begins is the principle of () I:() is a legal maximum on the price at which a good can be sold. J:price floor will be binding only if it is set above the () price.
5.
The dollar price of a good relative to the average dollar price of all other goods is the good's:选项: A:equilibrium price; B:real price; C:market price; D:nominal price
6.
If a consumer places a value of $20 on a particular good and if the price of the good is $25, then the 选项: A:consumer has consumer surplus of $5 if he buys the good.; B:consumer does not purchase the good.; C:price of the good will rise due to market forces.; D:market is out of equilibrium.
7.
In real world, the market price is often not equal to the equilibrium price. ( )选项: A:对 B:错
8.
Producer surplus is positive when: 选项: A: the price the producer is willing to charge equals the market price. B: there is no tax applied to the good. C: the price the producer is willing to charge is less than the market price. D: the price the producer is willing to charge is greater than the market price.
9.
The starting point for understanding how exchange rates are determined is a simple idea called ________, which states: if two countries produce an identical good, the price of the good should be the same throughout the world no matter which country produces it. 选项: A: Gresham's law B: the law of one price C: purchasing power parity D: arbitrage
10.
Whenever a good trades in a competitive market, the price determines the value of the good.选项: A:对 B:错
11.
The market for apples is in equilibrium at a price of $0.50 per pound. If the government imposes a price floor in the market at a price of $0.40 per pound, then: 选项: A、quantity demanded will decrease. B、quantity supplied will increase. C、there will be a shortage of the good. D、the price floor will not affect the market price or output.
12.
The market for apples is in equilibrium at a price of $0.50 per pound. If the government imposes a price ceiling in the market at a price of $0.40 per pound, then: 选项: A、quantity demanded will decrease. B、quantity supplied will increase. C、there will be a shortage of the good. D、the price ceiling will not affect the market price or output.
13.
A person who is talented in cutting down price when shopping in market, is good at ______________.
14.
31. Under the floating exchange rate system, a fall in the market price of a currency is called:
15.
In economic terminology, a buyer or seller who cannot affect the market price is called a: 选项: A、price taker B、price maker. C、price setter. D、price signaler.
16.
An increase in producer surplus would occur if: 选项: A、an effective price floor was imposed. B、an effective price ceiling was imposed. C、the market price of the good decreased. D、no changes occurred in the market.
17.
A price floor is ( ) 选项: A、a legal minimum on the price at which a good can be sold. B、 often imposed when sellers of a good are successful in their attempts to convince the government that the market outcome is unfair without a price floor. C、 a source of inefficiency in a market. D、 All of the above are correct.
18.
There is always a steady market _____ Sewing Machines, provided they are _____ good quality and competitive in price.
19.
In a market economy, supply and demand determine______________. 选项: A、both the quantity of each good produced and the price at which it is sold. B、 the quantity of each good produced but not the price at which it is sold. C、 the price at which each good is sold but not the quantity of each good produced. D、neither the quantity of each good produced nor the price at which it is sold.
20.
In a market economy, supply and demand determine选项: A:both the quantity of each good produced and the price at which it is sold.; B:tthe quantity of each good produced but not the price at which it is sold.; C:the price at which each good is sold but not the quantity of each good produced.; D:neither the quantity of each good produced nor the price at which it is sold.
21.
The bond whose market price is lower than its par value is called a discount bond. The amount the market price of a discounted bond is less than its par value is a compensation for the coupon rate lower than the rate or return required in the market.
22.
A legal minimum on the price at which a good can be sold is called a选项: A:price subsidy.; B:price floor.; C:tax.; D:price ceiling.
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