EVALUATION OF CHAPTER 1

Multiple Choice

1. a
2. c
3. e
4. c
5. d
6. n
7. d
8. a
9. 
   
10. a

Essay
1. State and explain the reasons behind the scarity of resources and goods/ services!
2. In your own words, explain wha scarity is?
3. Explain resources allocation using the PPF curve!
4. Explain how to make choice rationlly!
5. What are the different kinds of human needs? Please explain!
6. Explain about the fundamental economic problems are!
7. Compare between mixed economic system and contralized economic system!
8. What are advantageous and disadvantageous of centralized economic system? Please explain!
9. In your opinion, does traditional economic system still exist in the world? Elaborate!
10. In your opinion, what economic system is adopted in Indonesia? Elaborate!
Answer
1. a) Natural disasters, like stunami, earthquake, and flood, destroy the resources, so that they cannot be utilized.
b) Wars also one of the main reasons behaind secarcity. Civil war in sudan, for instance, has caused famine and starvation
c) Human behaviour toward natural resources also has impact on resources scarceness, which in turn can cause scarcity of goods and services. Illegal logging is one of the examples
d) The various arrays of needs. Human needs are continously developed. It is a human nature, that we, humans, always feel insufficient
2. Need is sense of in suffience that has to be fulfilled which comes from human own self, to wards the goods and service suitable for fulfilling those dispority.
3.
4.