1. Multiple choice questions

1. The following statements about securities investment funds are wrong:

A. Securities investment funds can be divided into three categories according to different investment objects

B. Securities investment funds can be divided into growth funds, income funds and balanced funds according to different investment risks and returns

C. Can be divided into open-end funds and closed-end funds

D. Securities investment funds can be divided into corporate funds and contract funds according to different organizational forms

Answer A

The first step of analysis is to examine microeconomic knowledge and choose the wrong items.

second, according to different standards, securities investment funds can be divided into different types: (1) according to whether fund units can be increased or redeemed, they can be divided into open-end funds and closed-end funds. Open-end funds are not traded on the market (it depends on the situation), and the fund size is not fixed through subscription and redemption by banks, brokers and fund companies; Closed-end funds have a fixed duration, generally listed and traded in securities exchanges, and investors buy and sell fund units through the secondary market. (2) According to different organizational forms, it can be divided into corporate funds and contractual funds. Funds are established by issuing fund shares to establish investment fund companies, which are usually called corporate funds; Fund managers, fund custodians and investors are established through fund contracts, which are usually called contractual funds. China's securities investment funds are all contractual funds. (3) According to the different investment risks and returns, it can be divided into growth funds, income funds and balanced funds. (4) According to different investment objects, it can be divided into stock funds, bond funds, money market funds and futures funds. Therefore, item A is wrong and elected.

therefore, choose option a.

2.? Entering the room of Zhilan for a long time without smelling its fragrance? The economic principles reflected by this fact are:

A. Marginal effects decrease

B. Pareto optimality

C. External effects

D. Matthew effect

Answer A

The first step of analysis is to examine the knowledge of economic principles.

step two? Entering the room of Zhilan for a long time without smelling its fragrance? From Confucius' Family Language? Six books means: I entered a room full of herbs, and I couldn't smell the fragrance of herbs for a long time. It reflects the diminishing marginal utility. Diminishing marginal utility means that in a certain period of time, under the condition that the consumption of other goods or services remains unchanged, as consumers continue to increase the consumption of a certain commodity or service, the increase in utility obtained by consumers from each additional unit of consumption of the commodity or service is gradually decreasing.

therefore, choose option a.

expand item b: Pareto optimization, also known as Pareto efficiency, refers to an ideal state of resource allocation. It is assumed that an inherent group of people and distributable resources will make at least one person better without making anyone worse off, which is Pareto improvement or Pareto optimization. Item b is excluded.

Item C: Externality, also known as spillover effect, external influence, heterodyne effect or external effect, and external economy, refers to the situation that one person or a group of people's actions and decisions damage or benefit another person or a group of people. Item c is excluded.

item d: Matthew effect is a common term used by sociologists and economists. It reflects that the rich are richer and the poor are poorer, which is a polarized social phenomenon. From the New Testament? A fable in Matthew:? If you have anything, you should double it and call him redundant; No, even what he has to take away? . Item d exclusion.

3. The following economic viewpoints are wrong:

A. A complete economic cycle generally includes prosperity, recession, depression and recovery

B. The trade deficit refers to the fact that the import volume of a country or region is larger than the export volume

C. Inflation refers to the general and sustained rise of prices

D. The expanded fiscal policy is to increase government expenditure while increasing taxes <

the second step, expansionary fiscal policy, also known as expansionary fiscal policy, is a kind of policy behavior that the state stimulates and increases the total social demand through fiscal distribution activities. Mainly through tax reduction and expenditure increase, the fiscal deficit will be expanded, and the total social demand will be increased and stimulated. ? Tax increase? It is a tight fiscal policy.

therefore, select the d option.

expand item a: economic cycle generally refers to the regular expansion and contraction of economic activities along the overall trend of economic development. The changing process of a complete economic cycle is prosperity, recession, depression and recovery. Item A is correct and excluded.

item b: trade deficit? Trade surplus? , refers to the phenomenon that the import value of each country or region is greater than the export value in a certain period of time. Generally, it shows that a country's foreign trade is at a disadvantage. Item b is correct and excluded.

item c: inflation refers to the general and sustained rise of the general price level in a certain period of time. Item C is correct and excluded.

4. The following economic theories or policies are incorrect to their proponents:

A. Neo-liberalism? Marshall

B. Economic crisis theory? Marx

C. The state regulates and intervenes in the economy? Roosevelt

D. laissez-faire Adam? Smith

Answer A

The first step of analysis is to examine the knowledge of economic principles and choose the wrong items.

second, neoliberalism is an economic system and school that emphasizes laissez-faire theory and policy in contemporary economic theory, and opposes state intervention in domestic economy, with Hayek as the representative. Alfred? Marshall, the most famous economist in modern England, was the founder of neoclassical school. The core of Marshall's economic theory is the equilibrium price theory, and his Principles of Economics is the demonstration and extension of the equilibrium price theory. He believes that the market price depends on the balance of power between the supply and demand sides, just like the wings of scissors, which work at the same time.

therefore, choose option a.

expand item b: Marx's economic crisis theory is an important part of Marxist economic theory and the product of studying the real economic crisis of liberal capitalism. The writing and publication of Das Kapital marked the completion of Marx's economic crisis theory. Based on historical materialism, Marx made a systematic and comprehensive analysis of the causes of economic crisis from production (supply), exchange (market), consumption (demand) to social and economic system by using the method of contradiction analysis. Item b is correct and excluded.

item c: in 1929, the American economic crisis broke out. Franklin, 1933? Roosevelt (Jr.) took office as the president of the United States and implemented a series of economic policies, the core of which is three R's: Relief, Recovery and Reform. ? New Deal? Abandon the traditional laissez-faire, strengthen government intervention in the economic field, implement deficit finance, and vigorously develop public undertakings to stimulate the economy. Item C is correct and excluded.

item d: Adam? Smith, a British economist, philosopher and writer, is the main founder of economics. Adam? Smith emphasized free market, free trade and division of labor, wrote The Wealth of Nations, and founded a classical school of economics based on laissez-faire, which was praised as? Father of classical economics? Father of modern economics? . Item d is correct and excluded.

In the Spring Festival of 22, Xiaoming spent 1 yuan to buy a special ticket to travel to Qin, but due to the epidemic situation, Xiaoming was unable to travel, and the ticket could not be refunded or changed, so this 1 yuan belongs to:

A. Opportunity cost

B. Menu cost

C. Sinking cost

D. Management cost

Answer c <

in the second step, sunk cost refers to the cost that cannot be changed by any decision now or in the future because the past decision has already taken place. The air ticket belongs to the cost of previous decisions, which cannot be compensated by other means. It can neither be refunded nor changed, and it belongs to the sunk cost.

therefore, choose the c option.

expand item a: opportunity cost refers to the highest income that producers may get in other production uses by using the same production factors. Therefore, it is excluded.

item b: menu cost means that the manufacturer with a certain monopoly power in the economy is the price decider and can choose the price. Therefore, it is excluded.

item d: management cost refers to various expenses incurred by the administrative department of the enterprise for organizing and managing production and business activities.

6. After eight years, () was finally formally signed on November 15th, 22, which is the largest free trade agreement in the world. Its member countries include 1 ASEAN countries, China, Japan, South Korea, Australia and New Zealand, and the total population, economic volume and trade volume of these 15 member countries account for about 3% of the global total.

A. Asia-Pacific Economic Cooperation (APEC)

B. Trans-Pacific Partnership Agreement (TPP)

C. Regional Comprehensive Economic Partnership Agreement (RCEP)

D. International Monetary Fund (IMF)

Answer C

The first step of analysis is to examine international economic knowledge.

second, on November 15th, 22, the fourth regional comprehensive economic partnership agreement leaders' meeting was held. Ten ASEAN countries and 15 countries including China, Japan, South Korea, Australia and New Zealand formally signed the regional comprehensive economic partnership agreement (RCEP), marking the formal conclusion of the largest free trade agreement in the world. Signing RCEP is an important step for regional countries to take practical actions to safeguard the multilateral trading system and build an open world economy, which is of symbolic significance for deepening regional economic integration and stabilizing the global economy. The agreement closely follows the development trend of global trade and incorporates many new trade forms, among which e-commerce is one. In addition to e-commerce, the agreement also includes intellectual property rights, competition policy, government procurement, small and medium-sized enterprises and so on, which exceeds the scope stipulated by the WTO.

therefore, choose the c option.

expand item a: APEC generally refers to Asia-Pacific Economic Cooperation (APEC), which is an important economic cooperation forum in the Asia-Pacific region and the highest-level intergovernmental economic cooperation mechanism in the Asia-Pacific region. Its official advisory body is the Pacific Rim University Alliance. From November 5 to 7, 1989, the first ministerial meeting of the Asia-Pacific Economic Cooperation (APEC) was held, marking the establishment of APEC. In November, 1991, China formally joined APEC as a sovereign state, while China Taipei and China Hongkong formally joined APEC as regional economies. Item A is inconsistent with the meaning of the question, so it is excluded.

item b: the trans-Pacific partnership agreement generally refers to the trans-Pacific partnership agreement (TPP), which is an important international multilateral economic negotiation organization. It is a set of multilateral free trade agreements initiated by New Zealand, Singapore, Chile and Brunei, members of the Asia-Pacific Economic Cooperation, and has been brewing since 22. China has not yet acceded to the Agreement. Item b is inconsistent with the meaning of the question, so it is excluded.

Item D: The International Monetary Fund (IMF) was established in Washington on December 27th, 1945 according to the IMF Agreement signed at the Bretton Woods Conference in July 1944. Established at the same time as the World Bank and listed as the world's two largest financial institutions, its responsibility is to monitor the currency exchange rate and the trade situation of various countries, provide technical and financial assistance, and ensure the normal operation of the global financial system. China is one of the founding countries of the IMF. In 198, the Executive Board of the IMF passed a resolution on behalf of China by the Chinese People's Republic of China, which restored the legitimate seat of the Chinese People's Republic of China in the IMF. Item d is inconsistent with the meaning of the question, so it is excluded.

7. The following statements about the basic principles of Marxist political economy are correct:

A. Working capital refers to the capital whose value has increased in the production process

B. Surplus value is generated neither in the circulation field nor in the circulation field

C. Improving labor productivity can increase the quantity and value of goods produced per unit time

D. State monopoly capitalism is socialist.

second, surplus value is generated in the production process, which is the part of value created by hired workers and occupied by capitalists free of charge, which exceeds the labor value. Surplus value cannot be generated in the field of circulation, because in the process of commodity circulation, equivalent exchange is only the transformation of value, and unequal exchange is only the redistribution of the established total value, and no surplus value is generated. Without the circulation field, the value can not be multiplied, because capitalists do not put money into circulation to buy labor goods; Commodities that condense the surplus labor of laborers are not sold in the market, and surplus value cannot be generated and realized.

therefore, choose option B ..

expand item a: working capital refers to the part of production capital used for purchasing labor objects such as raw materials, fuels and auxiliary materials and for purchasing labor force, including all variable capital and part of constant capital. Working capital and fixed capital are the divisions of capital according to different turnover modes. Capital is divided into constant capital and variable capital according to its different functions in the process of value appreciation, which are two different methods of division. Error in item A, eliminate it.

item c: the improvement of labor productivity means that the number of products produced per unit time, that is, the use value, increases, but the value formed will not increase, so the average value per unit product will decrease. Therefore, the value of a commodity is directly proportional to the socially necessary labor time embodied in the commodity and inversely proportional to the social labor productivity of producing the commodity. Item c error, eliminate.

item d: state monopoly capitalism is a combination of state power and monopoly capital. Its means of production are still private, capitalists still exploit the surplus value of working people, and capitalists and workers are extremely unequal in the production process. State monopoly is actually the deepening of individual monopoly, which further promotes the development of monopoly capitalism. In some respects, state monopoly capitalism can be regarded as the pre-stage of socialism, but it does not contain socialist factors. Item d error, eliminate.

2. Multiple-choice questions

8. Smoking is a widespread habitual social behavior, and there are great economic problems hidden behind the debate about its health. The following are the correct understandings of smoking from the economic point of view:

A. Compared with middle-aged people, teenagers are more sensitive to the change of cigarette prices

B. Tobacco dealers tend to advocate the relationship between tobacco and marijuana as substitutes

C. Banning cigarette advertising belongs to reducing cigarette demand by market means

D. Increasing tax on cigarettes will make the demand curve of cigarettes move horizontally

Answer AD

The first step of analysis.

step two, cigarettes are not necessities of life. when the price of cigarettes changes, teenagers have a weaker economic foundation and weaker ability to cope with price changes than middle-aged people, and products caused by price changes need to be.