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QUESTIONS 1. The essence of the economic problem can be summarized as follows:
a) The effective demand for goods is less than the amount of currency available.
b) The resources to produce goods intended for non-productive tasks thus reducing the savings rate - investment.
c) The assets available are not broken down according to supply and demand.
d) The laws of the market are constantly affected both by government intervention as monopolistic action.
e) The goods are scarce and limited in relation to the needs that are growing and varied.
2. A country is in an inflationary process when:
I. - The general price level increases steadily and continuously.
II .- circulating volume increases in proportion to the amount of goods and services. III .-
prices and personal income do not increase at the same rate or at the same time.
a) Only I
b) Solo II
c) I and III
d) II and III
e) I, II and III
3. Traders are the stars of economic performance. Are those who make economic decisions and develop the core activities of production - consumption - accumulate. These agents, in order of importance, are: I.
- Business. II .- State. III .- Families. IV .- External Sector.
a) II - III - I - IV. b) III - IV - II - I.
c) III - I - II - IV. d) I - II - III - IV.
e) IV - II - I - III
4. The State meets a fundamental role in the redistribution of economic resources in the Chilean economy today. "Through what mechanisms or processes, the Chilean government intervenes in the allocation of resources currently?
I. Fixing of maximum and minimum prices for essential items.
II. Social policies to promote health, education, housing, for the most neglected.
III. Through the monopoly of some national natural resources (eg copper).
a) Only I. b) II only c) I and II d) I and III e) II and III
5. The economic system in which the "how to produce" is given exclusively to competition among different manufacturers, is called:
a) central planning. b) private companies. c) socialist.
d) mixed. e) Protection.
6. "Birth of the interrelationship between human needs and available resources to meet them." The definition refers to a fundamental concept in economics. What is it?
a) Scarcity. b) Market c) Work
d) Economic Organization. e) financial assets
7. According to the law of supply and demand, increasing supply:
a) prices go up. b) lower prices.
c) there is a deficit. d) is surplus.
e) the price stays steady.
8. Among the features and objectives of the competition, you can (n) indicate:
I - Improving the quality and production of goods.
II .- Existence of several bidders in the market. III .- marginalize
market inefficient producers.
a) I only b) II only c) III only d) I and II e) I, II and III
9. Production monopolies have the (s) following (s) disadvantage (s) for consumers:
I. - You can set a higher selling price.
II .- You can set the volume of production will go to market.
III .- Increasing demand in perpetuity.
a) I only b) II only c) III only d) I and II e) I and III
10. The relationship between price and quantity of goods and services that operators are willing to sell at that price, is called:
a) demand curve. b) equilibrium price.
c) production curve. d) decreasing demand.
e) supply curve.
11. The market economic model, the economic problem is solved:
a) through cooperation between the market conceived as a means of making economic decisions and the state, which cooperates with central planning.
b) consumers and producers through a clash of interests, decide what, how and for whom to produce.
c) For consumers who supported government intervention orders to producers what, how and for whom to produce.
d) Producers, supported by the market and consumers in the State agree to selflessly answer to the economic problem.
e) producing what consumers want to consume, in which the producers get the most benefit at the expense of greater numbers.
12. In a mixed economic system, the "producing" is solved considering the:
a) Production Planning by the Government and the availability of goods.
b) Preference of consumers and offers of goods by the market.
c) Consumer demand in the market and the criteria established by the State.
d) Production of low-cost goods and the economic policies of the State
e) Scale of requirements determined by the producers.
13. In relation to a perfect market conditions must be imposed, are as follows: I.
Market controlled by the bidders.
II. Achieve an equilibrium price that satisfies both the buying and the selling.
III. Existence of an adequate number of buyers and sellers.
a) I only b) III only c) I and II d) II and III e) I, II and III
14. "Curve or table showing how much of a good or service will be demanded at different prices possible." The definition corresponds to:
a) Offer b) Inflation
c) Application d) Deflation
e) Inelasticity
15. One of the key economic activities of mankind is the satisfaction of needs. For this to happen in an efficient manner should take the following measures:
I. Rational use of the property and give an alternative use.
II. After meeting the material needs to be spiritual.
III. Rank needs in order to prioritize the most basic.
a) I only b) II only c) I and III d) II and III e) I, II and III
16. Among the features of an economy with free competition are:
I. The State regulates the market supply and demand.
II. For profit as central sense of the economic process.
III. Full acceptance of private ownership of resources.
a) I only b) I and III c) I and II d) II and III e) I, II and III
17. That economic agents in charge of establishing the institutional framework:
I. Company II. Family III. Public Sector
a) I only b) only II c) III only d) I and II e) I, II and III
18. When a rapid decline in the purchasing power of money is facing a process of:
a) Elasticity b) Inflation
c) Money supply d) Liquidity
e) Lack of working capital.
19. In any economic system, money has the function (s) principal (s):
I. be unit of measure for valuing goods and services
II. allow the growth of industry and trade
III. serve as a medium of exchange
a) Only I b) II only c) I and III d) II and III e) I, II and III
20. The need for choice is evident when considering the three fundamental problems that every society must answer. The questions that the economy tries to solve are:
I. That Produce
II. As Producing
III. Who Produce
IV. Why Produce
a) Only I b) II, III and IV c) I, II and IV d) I, II and III
e) I, III and IV
21. Economics is defined as the study of the allocation of scarce resources to meet human needs. In this context it may be said that:
I. Study the best distribution of resources.
II. Seeks to achieve an ordered set of policy objectives in society.
III. Its sole purpose is to end the global shortage.
A) I only b) II only c) I and II only d) Only I and III
e) Only II and III
22. Characteristics of Companies are:
I. It is a way of accumulation of capital and an economic system.
II. The liability of members is equal to the contribution of shares.
III. Participation in society is determined by the number of shares.
A) I only b) II only c) I and II only d) Only II and III
e) Only I and III
23. Last May, reports the press, "consumer loans grew 18 percent, the highest rate of the last seven years," above, should have an impact on the economic situation following:
A) Increased rate inflation.
B) reduction of the interest rate.
C) Increase in unemployment.
D) reduction of the production.
E) Increased productivity.
SOURCE: www.saladehistoria.com
