[单项选择]PRICE SYSTEM
Prices determine how resources are to be used. They are also the means by which products and services that are in limited supply are rationed among buyers. The price system of the United States is a very complex network composed of the prices of all the products bought and sold in the economy as well as those of a myriad of services, including labor, professional transportation, and public utility services. The interrelationships of all these prices make up the "system" of prices. The price of any particular product or service is linked to a broad, complicated system of prices in which everything seems to supply to the transaction, guarantees on the product or service, delivery terms, return privileges, and other factors. In other words, both buyer and seller depend more or less upon everything else. If one were to ask randomly selected individuals to define "price", many would reply that price is an amount of money paid by the buyer to the seller of a product of
A. labor and education
B. transportation and insurance
C. utilities and repairs
D. products and services

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[单项选择]PRICE SYSTEM
Prices determine how resources are to be used. They are also the means by which products and services that are in limited supply are rationed among buyers. The price system of the United States is a very complex network composed of the prices of all the products bought and sold in the economy as well as those of a myriad of services, including labor, professional transportation, and public utility services. The interrelationships of all these prices make up the "system" of prices. The price of any particular product or service is linked to a broad, complicated system of prices in which everything seems to supply to the transaction, guarantees on the product or service, delivery terms, return privileges, and other factors. In other words, both buyer and seller depend more or less upon everything else. If one were to ask randomly selected individuals to define "price", many would reply that price is an amount of money paid by the buyer to the seller of a product of
A. The Inherent Weaknesses of the Price System.
B. The Complexities of the Price System.
C. Credit Terms in Transactions.
D. Resource Allocation and the Public Sector,

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[单项选择]Passage 3

Prices determine how resources are to be used. They are also the means by which products and services that are in limited supply are rationed among buyers. The price system of the United States is a very complex network composed of the prices of all the products bought and sold in the economy as well as those of a myriad of services, including labor, professional, transportation, and public-utility services. The interrelationships of all these prices make up the "system" of prices. The price of any particular product or service is linked to a broad, complicated system of prices in which everything seems to depend more or less upon everything else.
If one were to ask a group of randomly selected individuals to define "price", many would reply that price is an amount of money paid by the buyer to the seller of a product or service o
A. The Inherent Weaknesses of the Price System
B. The Complexities of the Price System
C. Credit Terms in Transactions
D. Resource Allocation and the Public Sector

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[单项选择]Prices determine how resources are to be used. They are also the (1) by which products and services that are in limited (2) are rationed among buyers. The price (3) of the United States is a (4) network composed of the prices of all the products bought and sold in the economy as well as (5) of a myriad of services, including labor, professional, transportation, and public-utility services. The (6) of all these prices make up the "system" of prices.
If one were to ask a group of (7) selected individuals to define "price", many would reply that price is an amount of money paid by the buyer to the seller of a product or service or, (8) that price is the money values of a product or service as agreed (9) in a market transaction. This definition is, of course, (10) as far as it goes. For a complete understanding of a price in any (11) transaction, much more than the amount of money
A. clear
B. complex
C. crucial
D. cumulative

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[单项选择]

Prices determine how resources are to be used. They are also the means by which products and services that are in limited supply are rationed among buyers. The price system of the United States is a very complex network composed of the prices of all the products bought and sold in the economy as well as those of a myriad of services, including labor, professional, transportation, and public-utility services. The interrelationships of all these prices make up the "system" of prices. The price of any particular product or service is linked to a broad, complicated system of prices in which everything seems to depend more or less upon everything else.
If one were to ask a group of randomly selected individuals to define "price", many would reply that price is an amount of money paid by the buyer to the seller of a product or service or, in other words, that
A. unusual ways to advertise products
B. types of payment plans for service
C. theories about how products affect different levels of society
D. how certain elements of a price "package" influence its market value

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