答案和详解如下： 1.Technological changes are most likely to result in which of the following effects? Evolving technology is likely to result in changes in: A) educational curriculum only. B) educational curriculum and the relative demand for various products. C) the relative demand for various products only. D) neither educational curriculum nor product demand. The correct answer was B) If technological changes result in changes in the set of skills required of workers, this is likely to lead to changes in educational curriculum (and possibly delivery). Such changes often result in the production and demand for new or different products. 2.When the government reallocates spending based upon a decision to promote new and developing industries, this would be categorized as: A) a structural change. B) monetary policy. C) a cyclical change. D) an illegal activity. The correct answer was A) Structural changes include government activity, such as changes in spending and regulations that are designed to promote or inhibit specific economic activities. 3.Which of the following is the best example of a structural change as opposed to a cyclical change? A) Increased spending from an increase in consumer confidence. B) Decreased business investment from decreased business optimism. C) The European Central Bank raises interest rates to ward off inflation. D) The average age of consumers increasing. The correct answer was D) A change in the average age of consumers is a demographic change, which is considered a structural change. Changes in spending based upon confidence and pessimism is generally considered a cyclical phenomena, as is a central bank action. | 
发表于 2008-4-10 09:54
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