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1、1. Considerthreeimaginarycountries.InAziria,savingamountsto$3,000andconsumptionamountsto$7,000;inGraniva,savingamountsto$2,000andconsumptionamountsto$8,000;andinTanistan,savingamountsto$4,500andconsumptionamountsto$10,500.Thesavingrateis a. higherinAziriathaninTanistan,anditishigherinTanistanthaninG
2、raniva. b. higherinGranivathaninTanistan,anditishigherinTanistanthaninAziria. c. higherinTanistanthaninGraniva,anditisthesameinGranivaandAziria. d. higherinAziriathaninGraniva,anditisthesameinAziriaandTanistan.ANSWER: dDIFFICULTY: ModerateREFERENCES: EconomicGrowthandPublicPolicyLEARNING OBJECTIV
3、ES: ECON.MANK.007-Analyzethefactorsthataffectacountry'sgrowth.TOPICS: SavingKEYWORDS: BLOOM'S:ApplicationCUSTOM ID: 001.25.3-MC-MANK082. Considerthreeimaginarycountries.InAire,savingamountsto$4,000andconsumptionamountsto$12,000;inBovina,savingamountsto$3,000andconsumptionamountsto$24,000;andinCa
4、rtar,savingamountsto$10,000andconsumptionamountsto$50,000.Thesavingrateis a. higherinAirethaninCartar,anditishigherinCartarthaninBovina. b. higherinCartarthaninAire,anditishigherinAirethaninBovina. c. higherinCartarthaninBovina,anditisthesameinBovinaandAire. d. higherinAirethaninBovina,anditisthesam
5、einAireandCartar.ANSWER: aDIFFICULTY: ModerateREFERENCES: EconomicGrowthandPublicPolicyLEARNING OBJECTIVES: ECON.MANK.007-Analyzethefactorsthataffectacountry'sgrowth.TOPICS: SavingKEYWORDS: BLOOM'S:ApplicationCUSTOM ID: 002.25.3-MC-MANK083. OneoftheTenPrinciplesofEconomicsinChapter1isthatpeop
6、lefacetradeoffs.Thegrowththatarisesfromcapitalaccumulationisnotafreelunch.Itrequiresthatsociety a. conserveresourcesforfuturegenerations. b. sacrificeconsumptiongoodsandservicesnowinordertoenjoymoreconsumptioninthefuture. c. recycleresourcessothatfuturegenerationscanproducegoodsandserviceswiththeacc
7、umulatedcapital. d. Noneoftheaboveiscorrect.ANSWER: bDIFFICULTY: EasyREFERENCES: EconomicGrowthandPublicPolicyLEARNING OBJECTIVES: ECON.MANK.007-Analyzethefactorsthataffectacountry'sgrowth.TOPICS:
