chap4中级宏观经济学答案 华中科技大学chap4中级宏观经济学答案 华中科技大学.docVIP

Microeconomics, 4e (Perloff) Chapter 4 Consumer Choice 4.1 Preferences 1) An indifference curve represents bundles of goods that a consumer A) views as equally desirable. B) ranks from most preferred to least preferred. C) refers to any other bundle of goods. D) All of the above. Answer: A Topic: Preferences 2) The assumption of completeness means that A) the consumer can rank all possible consumption bundles. B) more of a good is always better. C) the consumers can rank all affordable consumption bundles. D) all preferences conditions are met. Answer: A Topic: Preferences 3) If a consumer prefers Apples to Bananas and prefers Bananas to Citrus Fruit, in order to satisfy assumptions about preferences she has to prefer A) Bananas to Apples. B) Citrus Fruit to Bananas. C) Apples to Citrus Fruit. D) Citrus Fruit to Apples. Answer: C Topic: Preferences 4) The principle that More is better results in indifference curves A) sloping down. B) not intersecting. C) reflecting greater preferences the further they are from the origin. D) All of the above. Answer: D Topic: Preferences 5) There is an indifference curve through every bundle because of the assumption of A) transitivity. B) completeness. C) rationality. D) nonsatiation. Answer: B Topic: Preferences 6) Indifference curves are downward sloping because of the assumption of A) completeness. B) transitivity. C) more is better. D) All of the above. Answer: C Topic: Preferences 7) If two indifference curves were to intersect at a point, this would violate the assumption of A) transitivity. B) completeness. C) Both A and B above. D) None of the above. Answer: A Topic: Preferences 8) Indifference curves that are thick violate A) the assumption of transitivity. B) the assumption that more is better. C) the assumption of completeness. D) none of the assumptions. Answer: B Topic: Preferences 9) A consumers willingness to trade one good for another can