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A scientist who does research in economic psychology and who wants to predict the way in which consumers will spend their money must study consumer behavior. He must obtain data both on the resources of consumers and on the motives that tend to encourage or discourage money spending. If an economist were asked which of the three groups borrow most -- people with rising incomes, stable incomes, or declining incomes -- he would probably answer: those with declining incomes. Actually, in the years 1947 to 1950,the answer was: people with rising incomes. People with declining incomes were next and people with stable incomes borrowed the least. This shows us that traditional assumption is that if people who have money expect prices to go up, they will hasten to buy. if they expect prices to go down, they will postpone buying. But research surveys have shown that this is not always true. The expectations of price increases may not stimulate buying. One typical attitude was expressed by
A. Consumer's Purchasing Power
B. Relationship between Income and Purchasing Power
C. Traditional Consuming Views
D. Studies in Consumer Behavior

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A scientist who does research in economic psychology and who wants to predict the way in which consumers will spend their money must study consumer behavior. He must obtain data both on the resources of consumers and on the motives that tend to encourage or discourage money spending. If an economist were asked which of the three groups borrow most -- people with rising incomes, stable incomes, or declining incomes -- he would probably answer: those with declining incomes. Actually, in the years 1947 to 1950,the answer was: people with rising incomes. People with declining incomes were next and people with stable incomes borrowed the least. This shows us that traditional assumption is that if people who have money expect prices to go up, they will hasten to buy. if they expect prices to go down, they will postpone buying. But research surveys have shown that this is not always true. The expectations of price increases may not stimulate buying. One typical attitude was expressed by
A. prices are expected to go up
B. prices are expected to go down
C. prices don't change
D. the business policy remains unchanged

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[单项选择]According to those who argue against economic growth we must slow down for the following reasons EXCEPT that ______. ( )
A. our natural surroundings are in danger of being destroyed by industry
B. the fixed supply of natural resources marks a point beyond which economic growth cannot continue
C. the world population is ever increasing
D. more efforts should be made to improve the quality of our material life

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[单项选择]Students who complete the quiz on economic theory ______ referring to their notes will receive 10 extra points.
A. despite
B. whereas
C. without
D. because

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[单项选择]What does, according to the author, economic welfare consist of
A. a general sense of contentment with any individual being part of a group.
B. a basic duality or dichotomy between the amount of pleasures that one individual can experience and discontentment.
C. the act of measuring the amount of gratifications and dissatisfactions with a measure of value.
D. the relentless idea that people have to forfeit in expiation for their pleasures.

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[单项选择]Those who want more economic growth believe that continued economic growth ______. ( )
A. is essential to the well-being of society as a whole
B. can provide the solution to many of our social problems today
C. can protect our environment from being polluted by industry
D. can provide us with more natural resources for industrialization

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[单项选择]Why does a student who runs away from home tends to wrap himself up

A. He is probably feeling homesick.
B. He is properly feeling insecure.
C. He has properly not got used to the weather.
D. He probably doesn’t want to catch a cold.

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[单项选择]What does the speaker suggest that students who have bad colds do

A. Take plenty of medicine.
B. Call up the doctor.
C. Come to the clinic.
D. Get proper exercise.

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[单项选择]Who does the word "Stakhanovites" refer to according to the passage

A. Those that are of Russian origin.
B. Those Russian workers.
C. Those exceedingly hardworking ones.
D. Those socialists.

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[单项选择]Who does the author intend to write the passage for
A. TV buyers.
B. TV broadcasters.
C. TV manufacturers.
D. government officials regulating TV broadcasts.

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[单项选择]Who does the word "Stakhanovites" refers to according to the passage
A. Those that are of Russian origin.
B. Those Russian workers.
C. Those exceedingly hardworking ones.
D. Those socialists.

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[单项选择]What does the writer think of people who are making New Year's plans
A) They are likely to carry them out. C) They should not make the plans.
B) They are likely to give them up. D) They should not change the plans.

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