简答题Which of the following would likely be studied by a microeconomist rather than a macroeconomist? A、The effect of foreign direct investment on economic growth. B、The effect of a sales tax on the cigarette industry. C、The effect of an investment tax credit on the economy’s capital stock. D、The effect of a war on government spending.简答题Which of the following areas of study typifies macroeconomics as opposed to microeconomics? A、The effects of rent control on the availability of housing in Beijing. B、The economic impact of Typhoons on cities and towns in Fujian Province. C、How taxes on cigarettes affects the tobacco industry. D、The effect on the economy of changes in the nation’s unemployment rate.简答题The field of economics is traditionally divided into two broad subfields, _______. A、national economics and international economics. B、consumer economics and producer economics. C、private sector economics and public sector economics. D、microeconomics and macroeconomics.简答题"Society would be better off if the welfare system were abolished" is a normative statement, not a positive statement.简答题A model can be accurately described as a _______. A、theoretical abstraction with very little value B、device that is useful only to the people who created it C、realistic and carefully constructed theory D、simplification of reality简答题Normative statements are _______. A、prescriptive, whereas positive statements are descriptive. B、descriptive, whereas positive statements are prescriptive. C、backward-looking, whereas positive statements are forward-looking. D、forward-looking, whereas positive statements are backward-looking.简答题Microeconomics is the study of _______. A、how money affects the economy B、how individual households and firms make decisions C、how government affects the economy D、how the economy as a whole works简答题Economists make assumptions in order to ______. A、mimic the methodologies employed by other scientists. B、minimize the number of experiments that yield no useful data. C、minimize the likelihood that some aspect of the problem at hand is being overlooked. D、focus their thinking on the essence of the problem at hand.