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The free market economy is no doubt the primary stimulus that has led to the United States

' dominance in the world economic community. By naturally rewarding those producers that excel, excellence is actively encouraged and those that inefficiently produce goods or services are eliminated; thus, the economy becomes a self-sustaining and self-maintaining machine, consistently and constantly achieving the best possible result.

The free market economy is entirely based on the principle of supply and demand. Under this concept, consumers decide for themselves which companies will stay in business, voting with their dollars by spending on those businesses they consider most worthy. By doing so, those companies that are best liked, or most in demand, are granted the privilege of supplying the goods and services that consumers pay for. In that sense, efficiency is achieved. For those companies that best perform. to the expectations of consumers are left prosperous in the market, while their less efficient counterparts simply die out of the market, starved of the dollars of consumers who simply prefer not to buy their products.

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更多“The free market economy is no …”相关的问题
第1题
假设单个汽车生产商的固定成本是50亿美元,而每辆车的可变成本是17000美元。厂商越多,竞争越激烈
,价格就下降。具休说,n为市场上厂商的数量。设美国和欧洲市场上分别有3亿和5.33亿人口。

a.在没有对外贸易时,美国和欧洲汽车市场上均衡的厂商数量是多少?

b.在没有对外贸易时,美国和欧洲汽车市场上均衡的价格是多少?

c.现在假设美欧之间进行自由贸易,美国市场上除了原有的3亿人口外,将增加5.33亿人口。在美国和欧洲汽车市场上将有多少汽车厂商?汽车新的均衡价格是多少?

d.美国市场上汽车的价格在b和c中为何不同?自由贸易改善了消费者的福利吗?是怎样改善的?

Suppose that fixed costs for a firm in the automobile industry (start- up costs of factories, capital equipment, and so on) are $5 billion and that variable costs are equal to $17,000 per finished automobile. Because more firms increase competition in the market, the market price falls as more firms enter an automobile market, or specifically, where n represents the number of firms in a market. Assume that the initial size of the U.S. and the European automobile markets are 300 million and 533 million people, respectively.

a.Calculate the equilibrium number of firms in the U.S. and European automobile markets without trade.

b.What is the equilibrium price of automobiles in the United States and Europe if the automobile industry is closed to foreign trade?

c.Now suppose that the United States decides on free trade in automobiles with Europe. The trade agreement with the Europeans adds 533 million consumers to the automobile market, in addition to the 300 million in the United States. How many automobile firms will there be in the United States and in Europe combined? What will be the new equilibrium price of automobiles?

d.Why are prices in the United States different in (c) than in (b) ? Are consumers better off with free trade? In what ways?

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第2题
A同学,本科天津财经大学Applied Econ,申请Econ或者Applied Econ硕士,GPA3.0,TOEFL100,GRE310,以下哪个院校不适合推荐给学生()

A.University of Chicago

B.University of Michigan

C.Northeastern University

D.University of Wisconsin-Madison

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第3题
Modern mass—production methods lower the cost of making goods, and thus give us better val
ues. At the same time ,American ingenuity(独创性) and science are constantly at work improving the quality of products. (79) In this way, better quality products at good values are continually being brought to the people of all income groups.

As an example of how this worked, when facial tissues (面巾纸) were first put on the market in 1924, they were made in limited quantities and sold at 65 cents per box of 200. People like these facial tissues immediately and began asking for them when they went into different stores. Because there was such a demand for the product, manufacturers began making tissues in larger and larger quantities. Because the manufacturers were making tissues in greater quantities, their production costs were lowered, so that the price of tissues went down. (80) In the meanwhile, the quality of facial tissues was constantly improving, because more manufacturers went into the business of making tissues, and each manufacturer strove to make his product better than his competitors’. Today, instead of costing 65 cents, a box of 200 tissues costs around one—third of that price, and they are both softer and stronger.

When people are free to compete—when they are free to make more things and make them better—everyone benefits.

In regard to the production of goods in greater quantities, the author states that ______.

A.the price of the goods should drop

B.the quality of the goods should improve

C.the price and the quality should both rise

D.the quality and the price should both drop

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第4题
Questions下列各 are based on the following passage. A newstudy shows a large gender gap on

Questions下列各 are based on the following passage.

A newstudy shows a large gender gap on economic policy among the nations professional economists,a divide similar to the gender divide found in the general public.

"Asa group, we are pro-market," says Ann Marl May, co-author of the study anda University of Nebraska economist. "But women are more likely to acceptgovernment regulation and involvement in economic activity than our malecolleagues. "

"Itsvery puzzling," says free market economist Veronique de Rugy of the Mercatus Center at George Mason University. "Not a .day goes by that Idont ask myself why there are so few women economists on the free market side."

A nativeof France, de Rugy supported government intervention (干预) early in her life butchanged her mind after studying economics. "We want many of the samethings as liberals--less poverty, more health care--but have radicallydifferent ideas on how to achieve it. "

IAberaleconomist Dean Baker, co-founder of the Center for Economic Policy andResearch, says male economists have been on the inside of the profession,confirming each others antiregulation views. Women, as outsiders, "aremore likely to think independently or at least see people outside of theeconomics profession as forming their peer group," he says.

Thegender balance in economics is changing. One-third of economics doctorates (博士学位) now go to women."More diversity is needed at the table when pubflc policy isdiscussed," May says.

Economistsdo agree on some things. Female economists agree with men that Europe has toomuch regulation and that Wal-mart is good for society. Male economists agreewith their, female colleagues that military spending is too high.

Thegenders are most divorced from each other on the question of equality forwomen. Male economists overwhelmingly think the wage gap between men and womenis largely the result of indi~fluals skills, experience and voluntary choices.Female economists overwhelmingly disagree by a margin of 4-to-1.

Thebiggest disagreement: 76% of women say faculty opportunities in economics favormen. Male economists point the opposite way: 80% say women are favored or theprocess is neutral.

What is the finding of the new study?

A.The gender divide is a big concern of the general public.

B.Men and women understand economics quite differently.

C.The gap between male and female economists needs to be closed.

D.Male and female economists disagree widely on economic policy,

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第5题
Most of us trade money for entertainment. Movies, concerts and shows are enjoyable but exp
ensive. (78) If you think that you can't have a good time without spending a lot of money, read on. A little resourcefulness and a few minutes of newspaper- scanning should give you some pleasant surprises.

People may be the most interesting show in a large city. Stroll through busy streets and see what everybody else is doing. (79) You will probably see people from all over the world; you will certainly see people of every age, size, and shape, and you' II get a free fashion show, too. Window - shopping is also a safe sport -- if the stores are closed.

Check the listings in your neighborhood paper. Local colleges or schools often welcome the public to hear an interesting speaker or a good debate. The film or concert series at the local public library probably won't cost you a penny. Be sure to check commercial advertisements too. A flea market can provide hours of pleasant browsing. Perhaps you can find a free cooking or crafts demonstration in a department store.

Plan ahead for some activities. It is always more pleasant not to have people in front of you in a museum or at a zoo. You may save some money, too, since these places often set aside one or two free admission days at slow times during the week. Pretend that you are a tourist from time to time, and get to know your city all over again including the indispensable sights that people travel miles to see. If you feel like taking an interesting walk, find a free walking tour, or plan one yourself. You will see your city in a new perspective once you know more about its history or its architectural treasures. With imagination and a spirit of adventure you can quite easily find good entertainment at no cost at all.

Which of the following statements is NOT true?

A.There are many kinds of amusements you can enjoy with spending no money.

B.The film shown at the local public library is often free of charge.

C.Local colleges often hold meetings to debate the issues people are interested in.

D.You should be a tourist if you want to know more about the city you live in.

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第6题
空调不制冷可能原因有()

A.系统渗漏,制冷剂缺失

B.空调控制面板的ECON未开启

C.压缩机故障

D.冷凝器堵塞

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第7题
在3.5L歌诗图仪表上有绿色ECO指示灯,当按下ECON按钮时,该灯点亮,表示车辆正在省油驾驶。()
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第8题
Public goods are those commodities from whose enjoyment nobody can be effectively excluded
. Everybody is free to enjoy the benefits of these commodities, and one person' s utilization does not reduce the possibilities of anybody else' s enjoying the same good.

Examples of public goods are not as rare as one might expect. A flood control dam is a public good. Once the dam is built, all persons living in the area will benefit--irrespective of their own contribution to the construction cost of the dam. The same holds true for highway signs or aids to navigation. Once a lighthouse is built, no ship of any nationality can be effectively excluded from the utilization of the lighthouse for navigational purposes. National defense is another example. Even a person who voted against military expenditures or did not pay any taxes will benefit from the protection afforded.

It is no easy task to determine the social costs and social benefits associated with a public good. There is no practicable way of charging drivers for looking at highway signs, sailors for watching a lighthouse, and citizens for the security provided to them through national defense: Because the market does not provide the necessary signals, economic analysis has to be substituted for the impersonal judgement of the marketplace.

With what topic is the passage mainly concerned?

A.Mechanisms for safer navigation.

B.The economic structure of the marketplace.

C.A specific group of commodities.

D.The advantages of lowering taxes.

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第9题
为什么别的车空调上有AC/ECON开关,而我的车没有(手动或半自动空调)()

A.(1)AC和ECON都是空调开关,两者的功能是一致的,但开关方式恰好相反

B.(2)AC是空调的英文缩写,按键点亮时,空调制冷在工作

C.(3)ECON表示经济模式,按键点亮后,空调制冷停止工作

D.(4)不同车型的不同设计,功能完全一致,所以不能在一台车上同时出现

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第10题
In the second paragraph, the author suggests that "economists" would______.A.plan the econ

In the second paragraph, the author suggests that "economists" would______.

A.plan the economy through yearly forecasts

B.fail to consider the influence of technological innovation

C.value the economic contribution of farm animals

D.consult the national commission on the economy

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