Cái này lâu rồi mình cũng ko nhớ là kì mấy, các bạn tham khảo nha :D
I. Gap-filling.
signals stabilize unemployed overstocked
instruments monetary business cycle stable
finance sell at occupations fiscal policy
households increase receive focus
allocate determine inflation deficit
1. Business firms buy resources from .............................. and transform resource inputs into outputs of product and services.
2. Both business firms and households try to buy at the lowest possible price and to ................. the highest possible price.
3. It is very wasteful if the workers are ...................... so that the community must try to have full
employment.
4. Most workers could be employed in any number of ...................... or industries.
5. The economic problem is how to ........................ factors among different industries in order to produce what the community wants most.
6. A market is an arrangement by which buyers and sellers of a community interact to ......................... its price and quantity.
7. People .................. income for what they sell, and they use this income to buy what they want.
8. Prices provide important ................... to market participants.
9. What will happen if a good such as cars becomes ........................... at the going market price?
10. Macroeconomics ................. on 4 main areas: GNP, employment, inflation and the balance of payment.
11. The four ....................... of macroeconomic policy include fiscal policy, monetary policy, income policy and foreign economic policy.
12. A rapid rise in prices is called......................
13. There is a high government ......................... because government spending is more than tax revenues.
14. The two main types of macroeconomic policies are fiscal and ........................... policies.
15. ...................... can be divided into 2 parts: government expenditures and taxation which determine if the government has a deficit or surplus in its budget.
16. A careful fiscal policy is the basis of a ........................ macroeconomy.
17. Printing of money is often a good way to.................... government spending.
18. Growth is a term often used to mean the expansion or ...................... in the total output of the economy that happens over the long term.
19. The turning points of economic activity during the ........................ are the peak and the trough.
20. Macroeconomic policies try to ......................... the economy and reduce the size of the fluctuations from the business cycle.
II. Circle one mistake for each sentence.
21. If a deficit is financed by printed more money, prices will rise.
A B C
22. Incomes have been increasing steadily and now people have money enough to buy
A B C
food and clothes.
23. While we discussing our expansion plan, the chairman suddenly announced
A B C
his resignation.
24. Although the high prices, my family still has a good standard of living.
A B C
25. Her quick recover from illness surprised even the doctors.
A B C
26. He defines inflation as the increase of the general price level that occurs over time.
A B C
27. I suggest that you should reading the contract carefully.
A B C
28. The economy said to be in a recession.
A B C
29. If I have known the truth, I wouldn’t have punished him.
A B C
30. I regret informing you that you didn’t pass the exams.
A B C
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