A-Level经济真题每期一练（55）

上期真题答案：1.D  2.B  3.C  4.A  5.D

接下来是今天的真题，一起练起来呀~

1.The table identifies the functions of money and theprincipal benefit that each function produces. Which function of money iscorrectly matched with its principal benefit?

2.A person who has bought a DVD player using a credit carddoes not have to settle the account until 56 days after making the purchase.

What function of money is illustrated by this delay insettlement?

A. medium of exchange

B. standard ofdeferred payment

C. store of value

D. unit of account

3.When money is used as a medium of exchange,

A. barter or swapping of goods is likely to become morecommon.

B. trade is likelyto increase.

C. the relative prices of goods never change.

D. specialisation and the division of labour are made moredifficult.

4.Which one of the following statements about money andspecialisation is correct? 

A. Money can be used only in markets where there isspecialisation in production. 

B. Money is used asa medium of exchange which aids specialisation.

C. Greater specialisation is likely to lead to a reductionin the use of money in a market.

D. The use of money benefits workers more than consumersbecause of specialisation.

5.Which one of the following statements referring to amarket economy is correct?

A. Monopolists take no account of consumer preferences.

B. Prices do notalways reflect social costs.

C. Efficiency is always indicated by high profits.

D. Large firms are more efficient than small firms.