Courses ECON0102 Files Afterschool-Giveaway

Learning Focus:
Memo
(LQ Answering Flow, MC skills, your goals and resolutions…)
Specific Question Type
0
2012 - 2023 DSE Modified Questions
Modified Question 1 (Modified 2021DSE MCQ4 60%)
Because of COVID-19, normal working was disrupted. Many companies switched to video communication, such as Zoom and
Google Meet, allowing employees to work from home. Suppose the companies’ offices were re-opened and employees can freely
choose either working in the office or at home.
Which of the following would be the LEAST important factor for employees to choose between working in the office or at home?
A. The risk of contracting COVID-19 for employees is lower when they work from home.
B. The eyesight of employees may be worsened by the intensive use of the video communication software in working remotely
C. Employees have already spent a lot of time learning how to use the video communication software to work remotely.
D. Employees have to get up earlier to go to the offices.
由於新冠肺炎，公司的日常運作受到影響。許多公司使用視訊軟件（例如 Zoom 和 Google Meet）讓員工在家工作。假

設公司的辦公室重新開放，員工可以自由選擇在辦公室或在家工作。
下列哪項是員工選擇在辦公室工作還是在家工作時最不重要的因素？
A. 在家工作會減低員工感染新冠肺炎的風險。
B. 遠距工作時大量使用視訊軟體可能導致員工視力受損。
C. 員工們已經花了很多時間學習如何使用視訊通訊軟體進行遠距工作。
D. 員工必須更早起去辦公室。
1
Because of the nuclear power plant incident in the neighbouring country (i.e. Japan), the government of country A announced an
import control on aquatic products from that country. Which of the following statements about restaurants under the import
control is correct?
A. An increase in cost of using local aquatic products will necessarily decrease the sales profit of the restaurant.
B. If the expected sales revenue generated from food using local aquatic products falls short of the variable cost of running a
restaurant, the restaurant will not continue to operate.
C. Popular restaurants will close down after unpopular ones.
D. With the extremely high cost of breaking the rental contract, the fixed rental will affect whether the owners continue to
operate their restaurants.
因鄰國發生核事故，甲國政府宣布對該國的水產實施進口管制。關於受進口管制的餐廳，下列哪項有關餐廳的陳述是正
確的？
A. 使用本地水產的營運成本增加，必然會降低餐廳的銷售利潤。
B. 若使用本地水產的食品的預期銷售收入低於營運餐廳的可變成本，餐廳將不會繼續經營。
C. 較受歡迎的餐廳會在較不受歡迎的餐廳之後關門。
D. 當違反租賃合約的成本極高，固定租金會影響東主是否繼續經營餐廳。
2
The outbreak of a regional war results in a significant decline in employment level and the volume of exports of a country. Which
of the following policies can most likely relieve the above two problems?
A. The government provides subsidies and technological support to industries that are negatively affected by the war.
B. The government distributes consumer vouchers to citizens aged 18 years old or above.
C. The central bank reduces the discount rate.
D. The country devalues its currency against the currencies of its major trading partners.
區域戰爭的爆發令某國就業水平和出口數量大幅下跌。下列哪項政策最能紓緩上述兩個問題？
A. 政府對受戰爭的負面影響的產業提供補貼和技術支援。
B. 政府向 18 歲或以上的市民發放消費券。
C. 中央銀行降低貼現率。
D. 該國令其貨幣兑主要貿易夥伴的貨幣官方貶值。
3
Carson is a major shareholder of a Hong Kong listed company which makes huge profits. He has sold some of his commercial
properties, and received rental income from some leased residential buildings.
According to the above information, which types of tax does Carson need to pay to the Hong Kong government?
(1) stamp duty

(2) profits tax
(3) property tax
A. (1) and (2) only

B. (1) and (3) only
C. (2) and (3) only
D. (1), (2) and (3)
車神是本港一家上市公司的大股東，該公司賺取了豐厚的利潤。他出售了他部分的商業物業，並從出租的一些住宅大樓
收取租金收入。
根據以上資料，車神需要支付哪些稅項予香港政府？
(1) 印花稅
(2) 利得稅
(3) 物業稅
A. 只有(1)及(2)
B. 只有(1)及(3)
C. 只有(2)及(3)
D. (1)、(2)及(3)
4
Refer to the following statistical data about Country A.
2023 first quarter 2023 second quarter
(year-on-year change) (year-on-year change)
2023 年第一季 2023 年第二季
（按年變動）（按年變動）
Exports of goods -8.7% -3.5%
貨品出口
Exports of services -44.6% -54.6%
服務出口
Imports of goods -12.1% -6.9%
貨品進口
Imports of services -25.5% -43.4%
服務進口
Based on the above information, we can conclude that

A. Country A’s total imports of goods and services in 2023 second quarter was lower than that in 2022 second quarter.
B. Country A had an invisible trade deficit in 2023 second quarter.
C. Country A’s net exports in 2023 second quarter was lower than that in 2022 second quarter.
D. Counrty A’s exports of goods in 2023 second quarter was lower than that in 2023 first quarter.
參考以下有關甲國的統計數據。
根據以上資料，我們可以得出結論：
A. 甲國 2023 年第二季貨品及服務進口總額較 2022 年第二季的為低。
B. 甲國 2023 年第二季的無形貿易出現赤字。
C. 甲國 2023 年第二季的淨出口較 2022 年第二季的為低。
D. 甲國 2023 年第二季的貨品出口低於 2023 年第一季的為低。
5
If a public limited company in Hong Kong gets delisted on the stock exchange,
A. it will face a lower profits tax rate.
B. it can keep its accounting informational confidential.
C. its shareholders will enjoy lower liquidity of their assets.
D. it will enjoy economies of scale.
若香港一家公眾有限公司在股票交易所取消上市地位，
A. 它會面對更低的利得税率。
B. 它能對其會計資料保密。
C. 它的股東會享有更低的資產流動性。
D. 它會享有規模經濟。
6
Refer to the following dialogue.
Landlord Tojai: I own a piece of land. How can I earn income from it, Farmer Carson?
Farmer Carson: I have seeds and farming tools! I can make use of the seeds and make your land fertile.
Landlord Tojai: Let’s organize farming tours and charge the tourists a large sum! I will pay you a daily rate, Farmer
Carson. And I will pocket the remaining income. We will earn a lot of money together!
Given the return of land is rent, the return of labour is wage, the return of capital is interest while the return of entrepreneur is
profit. The income earned of Farmer Carson consists of __________ while the remaining income earned by Landlord Tojai
consists of __________.
A. wage……profit
B. interest……rent and profit
C. wage and interest……rent
D. wage and interest……rent and profit
參閲以下對話。
地主道仔：我擁有一塊土地。我怎麼能從中賺取收入？
農民車神：我有種子和農具！我可以利用這些種子，並讓你的土地變得肥沃。
地主道仔：我們還能組織農耕旅遊，向遊客收取一大筆費用吧！農民車神，我會按日支付你工資，但剩下
的收入歸我。我們會一起賺很多錢！
已知土地的回報是租金，勞工的回報是工資，資本的回報是利息，企業家的回報是利潤。農民車神的收入包含了
________，而地主道仔所賺取的剩餘收入包含了 __________。
A. 工資…利潤
B. 利息…租金和利潤
C. 工資和利息…租金
D. 工資和利息…租金和利潤
7
Which of the following should be deducted from the gross domestic product of Hong Kong to calculate the gross national income
of Hong Kong?
A. the fee paid by a Hong Kong organization to a K-pop girl group for a performance in Hong Kong.
B. the dividend paid by a listed company in China to a Hong Kong resident.
C. the capital gain earned by a Canadian insurance corporation from its financial investment in Hong Kong.
D. the rent earned by a Hong Kong property developer from its residential property in Japan.
在計算香港的本地居民總收入時，下列哪項應從香港的本地生產總值中扣除？
A. 一家香港機構向韓國女團在香港演出所支付的費用。
B. 一家內地上市公司付給一名香港居民的股息。
C. 一家加拿大保險公司從香港的金融投資所賺取的資本增益。
D. 一家香港房地產開發商在日本的住宅物業所賺取的租金。
8
Which of the following will decrease the actual banking multiplier?
A. The interest rate of bank deposit increases.
B. The use of credit card becomes less popular.
C. The central bank decreases the required reserve ratio.
D. The public tends to hold less cash.
下列哪項會令實際銀行乘數下降？
A. 銀行存款的利率上升。
B. 信用卡的使用日漸減少。
C. 中央銀行降低法定儲備比率。
D. 公眾傾向持有更少的現金。
9
Which of the following statements are related to the problem of ‘for whom to produce’?
(1) The 2024 Fashion Show of Brand A moved from Hong Kong to Paris to house more fans from all over the world.
(2) In Country B, the subsidized housing households whose family income exceeds 3 times the subsidized housing income limits
should vacate their flats.
(3) Only students who are currently enrolled in a full-time day course offered by institutions in Hong Kong can enjoy discounted
fee when using MTR.
A. (1) and (2) only
B. (1) and (3) only
C. (2) and (3) only
D. (1), (2) and (3)
下列哪些陳述與「為誰生產」的問題有關？
(1) 甲品牌早秋時裝秀從香港移至巴黎，以容納更多來自世界各地的粉絲。
(2) 在乙國，若家庭收入超過該房屋收入上限三倍的家庭需要搬離房屋。
(3) 只有現正修讀香港院校提供的全日制日間課程的學生，方可在乘坐港鐵時享用優惠費用。
A. 只有(1)及(2)
B. 只有(1)及(3)
C. 只有(2)及(3)
D. (1)、(2)及(3)
10
A Japanese hotel company provides accommodation service to consumers. It invested in opening a travel company, which
provides package tours to Japan.
Which of the following is most likely the motive behind the expansion?
A. to ensure a market outlet of its services
B. to secure the supply of factor inputs
C. to increase the market share
D. to reduce competition
一家日本飯店公司提供消費者住宿服務。它投資開設了一家旅遊公司，提供前往日本的旅行團。
下列哪一項最可能是該擴張背後的動機？
A. 確保其服務有銷售渠道
B. 確保要素投入的供應
C. 增加市場佔有率
D. 減少競爭
11
The following is the supply-demand diagram of Good X in a small open economy.
Unit price 價格
Pw
Quantity 量
0 Q1 Q2
Initially the economy imports Good X at the world price (Pw) and the government imposes an import quota of (Q2-Q1) units.
Suppose the world price of Good X rises. Which of the following statements is correct?
A. The domestic supply curve will inceease.
B. The domestic price of Good X will rise.
C. The quantity of domestically produced Good X will decrease.
D. The domestic price of Good X will remain Pw.
以下是某小型開放經濟物品 X 的供需圖。
最初該經濟以國際價格 (Pw) 進口物品 X，而政府實施的進口配額 (Q2-Q1) 為單位。假設物品 X 的國際價格上升。下
列哪項陳述是正確的？
A. 本地供應會上升。
B. 物品 X 本地價格會上升。
C. 本地所生產的物品 X 的數量會減少。
D. 物品 X 的本地價格維持在 Pw。
12
Suppose there are several oil crises due to the revolutionary movement. The marginal benefit of crude oil will _____ and the total
exchange value _____.
A. increase……will increase
B. decrease……will decrease
C. increase……may increase or decrease
D. decrease……may increase or decrease
假設政治動盪導致數次石油危機。石油的邊際利益會_____，而總交易價值_____。
A. 增加……會增加
B. 減少……會減少
C. 增加……可能增加或減少
D. 減少……可能增加或減少
13
Both the wage rate and general price level decrease by 13% in a certain year. If the government decreases the salaries tax
allowance by 15%,
(1) income distribution will be more even.

(2) more people will fall into the tax net.
(3) people’s real income after tax will increase.
A. (1) only
B. (2) only
C. (3) only
D. (1), (2) and (3)
某年工資率和一般物價水平均下降 13%。若政府減少薪俸稅免稅額 15%，
(1) 收入分配變得更平均。
(2) 更多人跌入稅網。
(3) 人們的稅後可支配收入會增加。
A. 只有(1)
B. 只有(2)
C. 只有(3)
D. (1)、(2)及(3)
14
Study the prices of Pepsi Nama Cola (生可樂) in Japan in terms of Japanese Yen (JPY) and in Hong Kong in terms of Hong Kong
dollar (HKD).
Japan 日本 Hong Kong 香港
JPY140 HKD14.9
Given the exchange rate of HKD 1 = JPY 18.46, which of the following statements is correct?
A. JPY is under-valued as the price of Pepsi Nama Cola in Japan is lower than that in Hong Kong.
B. If the transportation cost is JPY 138, buying Pepsi Nama Cola in Japan and re-selling it in Hong Kong will no longer gain.
C. If the transportation cost is HKD 8, there is potential gain buying Pepsi Nama Cola in Hong Kong and re-selling it in the
Japan.
D. The potential gain from ‘buy low, sell high’ will disappear when the price of Pepsi Nama Cola in Japan is higher than JPY
276.
細閲百事生可樂在日本的價格（以日圓計算）以及在香港的價格（以港元計算）。已知匯率 1 港元兑 18.46 日圓，下列

哪項陳述是正確的？
A. 日圓的幣值被低估，因為生可樂在日本的價格低於香港的價格。
B. 如果運費是 138 日圓，在日本購買生可樂並在香港轉售便再不能獲利。
C. 如果運費是 8 港元，在香港購買生可樂並在日本轉售有潛在收益。
D. 當日本百事可樂的價格高於 276 日圓時，「低買高賣」的潛在利益便會消失。
15
In Singapore, the average waiting time for Build-To-Order (BTO) flats is 3.5 years according to the data from the Housing and
Development Board. Which of the following would lead to a decrease in the waiting time for BTO flats in the long term?
A. A decrease in the income limit of applying for BTO flats.
B. A cancellation of financial aid offered to low-income families renting private residential flats.
C. A tightening of rules regulating the change of land use.
D. A billionaire decided to invest in building a commercial mall instead of shared-housing units.
根據建屋發展局的資料，在新加坡，預購組屋的平均輪候時間為 3.5 年。下列哪項長遠來説會令預購組屋的輪候時間減

少？
A. 降低申請預購組屋的入息限額。
B. 取消租住私人住宅的低收入家庭的金錢補助。
C. 收窄規管改變土地用途的規例。
D. 某億萬富翁決定投資建造商業購物中心而不是共享住房。
16
A Hong Kong resident works for a Japanese company located in Japan and he earns a monthly wage. He receives dividend from
the Hongkong and Shanghai Banking Corporation Limited and rental income from a leased apartment in Sha Tin as well. He took
a flight back to Hong Kong departing from Kansai International Airport yesterday.
Which type(s) of direct tax does he need to pay in Hong Kong?
(1) salaries tax

(2) property tax
(3) profits tax
(4) air passenger departure tax
A. (2) only
B. (3) only
C. (1) and (3) only
D. (2) and (4) only
某香港居民在一家位處日本的日本公司工作賺取月薪。他亦收取香港上海匯豐銀行有限公司所派發的股息及透過出租沙
田某單位獲取租金。昨天他在關西國際機場乘坐返回香港的航班。
他需要在香港繳付哪(些)直接稅？
(1) 薪俸稅
(2) 物業稅
(3) 利得稅
(4) 機場離境稅
A. 只有(2)
B. 只有(3)
C. 只有(1)及(3)
D. 只有(2)及(4)
17
Louis Vuitton (a leading luxury fashion brand) organized the Pre-Fall 2024 Show in K-11 mall in Hong Kong. International
superstars and models are invited to join the show and they attracted locals and tourists from other parts of the world to visit Hong
Kong. Organising the show will lead to
(1) an increase in exports of services in Hong Kong.

(2) an increase in private consumption expenditure in Hong Kong.
(3) an increase in balance of payment surplus in Hong Kong.
A. (1) and (2) only

B. (1) and (3) only
C. (2) and (3) only
D. (1), (2) and (3)
路易威登 (Louis Vuitton)（領先的奢華時尚品牌）在香港 K-11 舉辦了 2024 年早秋時裝秀。有國際巨星和模特兒參加盛

會，吸引了本地和來自世界各地的遊客到訪香港。籌辦這次活動會導致
(1) 香港的服務出口增加。
(2) 香港的私人消費支出增加。
(3) 香港的國際收支平衡順差增加。
A. 只有(1)及(2)
B. 只有(1)及(3)
C. 只有(2)及(3)
D. (1)、(2)及(3)
18
Which of the following is CONSISTENT with the law of demand?
A. The ratio of low-quality fruits sold to total fruits sold increases when the government imposes an ad valorem tax on fruits.
B. The ratio of low-quality fruits sold to total fruits sold decreases when the government imposes an ad valorem tax on fruits.
C. The provision of per-unit import tariff on tobacco results in an increase in the quality of imported tobacco.
D. Live chicken sold in a market near the farm have a lower price than frozen chicken sold in a faraway farm.
下列哪項與需求定律相符？
A. 當政府對水果徵收從價稅時，低檔水果的銷售量相對於水果總銷售量的比率會增加。
B. 當政府對水果徵收從價稅時，低檔水果的銷售量相對於水果總銷售量的比率會下降。
C. 徵收對煙草單位的從量進口關稅令進口煙草的質素上升。
D. 與距離農場較遠的市場販售的冷凍雞肉比較，在農場附近的市場販售的活雞價格較低。
19
Suppose the government imposed an effective price ceiling on medicines and prescription drugs. Which of the following would
LEAST likely occur?
A. Pharmaceutical companies would have a lower incentive to develop new types to medicines.
B. There would be a shortage of prescription drugs.
C. Poor patients would be able to get medicines more easily.
D. Black market would emerge.
假設政府對藥品和處方藥實施有效的價格上限。下列哪項出現的可能性最低？
A. 製藥公司會有較低意欲開發新藥物。
B. 處方藥會出現短缺。
C. 貧困患者能較容易取得藥物。
D. 黑市會出現。
20
The following diagram shows a production chain of breads in an economy.
下圖顯示某經濟中麵包的生產鏈。
Foreign consumers
$160 外國消費者
Imported material
$50
進口原料
Local bread factory $220
Local material 本地麵包工廠 ($20 subsidy inclusive)
本地原料 $30 Local bread retailers (包括$20 補貼) Local consumer

Raw materials, USA
$230 $240
China
$180 本地麵包零售商本地消費者

Local Handbags $360 $780
Local Retailer Local Consumers
Manufacturer
Local Producers
Raw materials,
$150 $270 Local Trading
Company $890
Foreign Markets
The contribution of the local bread factories to the economy’s GDP at market prices is _____.
對該經濟以市價計算的本地生產總值而言，本地麵包工廠的貢獻是_____。
A. $260
B. $280
C. $300
D. $320
21
The following table shows the balance sheet of a banking system.
Assets ($) Liabilities ($) 資產($) 負債($)
Reserves 500 Deposits 1000 儲備 500 存款 1000
Loans. 500 貸款 500
Suppose the public does not hold cash and the required reserve ratio is reduced to 20%. After deposit creation, the amount of
loans in the banking system is $800. Which of the following statements about the banking system is correct?
A. The money supply increases by $1500.
B. The actual banking multiplier is 2.6.
C. The deposit increase to $2500.
D. Bank reserves are $1700.
下表顯示某銀行系統的資產負債表。
假設公眾並沒有持有現金，而法定儲備比率降至 20%。在存款創造後，銀行系統的貸款額是$800。下列哪項有關銀行系
統的陳述是正確的？
A. 貨幣供應增加 $1500。
B. 實際銀行乘數為 2.6。
C. 存款增加至$500。
D. 銀行儲備是$1700。
22
An increase in the cost of producing Good X results in a 8% and 6% change in its price and quantity transacted respectively.
Which of the following best explains the above changes?
(1) Good X is not a durable good.
(2) There are no close substitutes for Good X.
(3) Firms producing Good X do not have excess capacity in production.
A. (1) only
B. (2) only
C. (1) and (2) only
D. (2) and (3) only
物品 X 的生產成本增加，導致其價格和交易量分別改變了 8% 和 6%。下列哪項最能解釋上述的改變？
(1) 物品 X 不是一種耐用品。
(2) 物品 X 沒有接近的替代品。
(3) 生產物品 X 的廠商沒有剩餘生產力。
A. 只有(1)
B. 只有(2)
C. 只有(1)及(2)
D. 只有(2)及(3)
23
Which of the following statements about monopoly are INCORRECT?
(1) A monopolist does not face competition.

(2) A monopolist sets the market price.
(3) A natural monopoly arises when no firms are allowed to enter the market.
(4) These are substitutes for the products or services provided by a monopolist.
A. (1) and (2) only

B. (1) and (3) only
C. (2) and (4) only
D. (3) and (4) only
下列哪些有關壟斷的陳述是不正確的？
(1) 壟斷者不會面臨競爭。
(2) 壟斷者訂定市場價格。
(3) 當沒有廠商獲准進入該市場，便會出現自然壟斷。
(4) 壟斷者所提供的產品或服務是有替代品的。
A. 只有(1)及(2)
B. 只有(1)及(3)
C. 只有(2)及(4)
D. 只有(3)及(4)
24
Study the diagram below.
Change in Consumer Price Index (%)

消費者物價指數的轉變 (%)
0 2023
Feb May Aug Nov
2月 5月 8月 11 月
The diagram shows that during the period from February 2023 to November 2023,
A. The purchasing power of money was increasing.
B. The growth rate of real GDP was larger than that of nominal GDP.
C. The nominal GDP was rising.
D. The actual real interest rate was lower than the nominal interest rate.
細閲下圖。
該圖顯示在 2023 年 2 月至 2023 年 11 月期間，
A. 貨幣的購買力正在上升。
B. 實質本地生產總值的增長率高於名義本地生產總值的增長率。
C. 名義本地生產總值正在上升。
D. 實際實質利利率低於名義利率。
25
According to the classical quantity theory of money, which of the following diagrams is correct when money supply is growing at
a constant percentage each year?
根據古典貨幣數量論，當每年的貨幣供應以一固定百分率增長時，下列哪幅圖是正確的？
A. Inflation rate 通脹率 B. Real output 實質產出
0 0
Year 年 Year 年
C. Price level 物價水平 D. Price level 物價水平
0 0
Year 年 Year 年
26
Suppose the fixed cost of hiring machines decreases by $3 while the marginal cost for each unit of the output is increased by $1.
As a result, the profit-maximising output of the firm _____ while the profit of the firm _____.
A. increases…decreases
B. increases…may increase or decrease
C. decreases…decreases
D. decreases…may increase or decrease
假設僱用機器的固定成本減少 $3，而每單位產出的邊際成本增加 $1。該廠商利潤最大化的產量因此 ____________，而

利潤 ____________。
A. 上升…下跌
B. 上升…可能上升或下跌
C. 下跌…下跌
D. 下跌…可能上升或下跌
27
Which of the following will result in a fall in the total revenue of strawberry farms?
A. The government increases the profits tax rate on strawberry farms.
B. The government increases the subsidy for the producers of blueberries.
C. The effective quota on the sale of strawberries is decreased.
D. The price of strawberry seed rises.
下列哪項會導致草莓農莊的總收入下降？
A. 政府提高草莓農莊的利得稅稅率。
B. 政府增加對藍莓農夫的補貼。
C. 減少草莓的有效配額。
D. 草莓種子的價格上漲。
28
Which of the following are indirect taxes in Hong Kong?
(1) general sales tax

(2) rates on property
(3) interest tax
(4) betting duty
A. (2) and (3) only

B. (2) and (4) only
C. (1), (2) and (3) only
D. (1), (3) and (4) only
下列哪些屬香港的間接稅？
(1) 一般銷售稅
(2) 物業差餉
(3) 利息稅
(4) 博彩税
A. 只有(2)及(3)
B. 只有(2)及(4)
C. 只有(1)、(2)及(3)
D. 只有(1)、(3)及(4)
29
The following table shows some information about the balance of payments of Country A.
Items 項目 $ billion 十億元
Balance on goods -800
貨品差額
Balance on services 500
服務差額
Net factor income from abroad 200
海外要素收入淨值
Net current transfer 150
經常轉移淨值
Decrease in reserve assets 340
儲備資產下跌
According to the above data, which of the following statements are correct?
(1) Country A’s gross national income is larger than its GDP.
(2) The current account surplus is $50 billion.
(3) the balance of payments deficit is $340 billion.
A. (1) and (2) only

B. (1) and (3) only
C. (2) and (3) only
D. (1), (2) and (3)
下表顯示甲國有關國際收支平衡的一些資料。
根據以上資料，下列哪些陳述是正確的？
(1) 甲國的本地居民總收入大於其本地生產總值。
(2) 經常帳的盈餘是 50 十億元。
(3) 國際收支平衡的赤字是 340 十億元。
A. 只有(1)及(2)
B. 只有(1)及(3)
C. 只有(2)及(3)
D. (1)、(2)及(3)
30
Ash Ketchum (小智) is planning for his future after his primary 6 graduation. He has several options and his order of preference is
as follows.
First option: Being a Pokémon Trainer
Second option: Being a trainee in a Pokémon clinic
Third option: Being a junior high school student
Which of the following factors would LEAST likely affect the cost-benefit analysis for Ash Ketchum’s career choice?
A. The teaching quality of junior high school teachers decreases.
B. A new junior high school will be built next to his home.
C. There is a contagious disease among Pokémon and there is a shortage of medical staff.
D. Pokémon Trainers become a popular career.
小智小六畢業，正規劃自己的未來。他有數個選項，其優先次序如下。
第一選項：成為一名寵物小精靈訓練師
第二選項：成為一名寵物小精靈診所的實習生
第三選項：成為一名中學生
在小智的職業選擇中，下列哪個因素最不可能影響他的成本效益分析？
A. 中學教師教學品質下降。
B. 他家旁邊將建造新的中學。
C. 寵物小精靈之間有傳染病，故出現醫護人員短缺的情況。
D. 寵物小精靈訓練師成為熱門職業。
31
The diagram below shows the money demand and money supply curves of an economy. The original equilibrium point is at E.
下圖顯示某經濟體的貨幣需求和貨幣供應曲線。起初的平衡點在 E 點。
Nominal interest rate

MS0 MS1 MS2
E C
B
Md2
D Md1
Md0
0 Quantity of money
Suppose most of the employees in the economy prefers receiving their salaries weekly instead of monthly. At the same time, the
central bank increases the required reserve ratio. The new equilibrium point will be at _____.
假設經濟中的大多數僱員更喜歡每周而不是每月領取工資。同時，中央銀行提高法定儲備比率。新的平衡點將在____。
A. A
B. B
C. C
D. D
32
The following table shows the monetary base and money supply of Country A.
Date 日期 Money supply ($ million) Monetary base ($ million)
貨幣供應（百萬元）貨幣基礎（百萬元）
1 January 2022 750 200
2022 年 1 月 1 日
1 January 2023 550 200
2023 年 1 月 1 日
Which of the following could explain the above data?
(1) The central bank sold bonds to the public in 2022.

(2) The central bank increased the required reserve ratio in 2022.
(3) The central bank decreased the discount rate in 2022.
A. (2) only
B. (3) only
C. (1) and (2) only
D. (2) and (3) only
下表顯示了甲國的貨幣基礎和貨幣供應。
下列哪一項可以解釋上述數據？
(1) 在 2022 年，中央銀行公開發售債券。
(2) 在 2022 年，中央銀行提高法定儲備比率。
(3) 在 2022 年，中央銀行下調貼現率。
A. 只有(2)
B. 只有(3)
C. 只有(1)及(2)
D. 只有(2)及(3)
33
The diagram below is about a small open economy imposing an import quota on Good X.
Price 價格
S0
S1
World Price 國際價格

Import quota
D
進口配額
0 Quantity 量
If the world price of Good X rises,

A. the quantity of Good X produced domestically will increase.
B. the quantity of Good X consumed domestically will decrease.
C. the domestic price of Good X will remain unchanged.
D. the quota will become less effective.
下圖是有關某個對物品 X 實施進口配額的小型開放經濟。
若物品 X 的國際價格上升，
A. 物品 X 的本地生產數量會上升。
B. 物品 X 的本地消費數量會下降。
C. 物品 X 的本地價格會維持不變。
D. 該配額的有效程度會下跌。
34
Marathon is going to be held next week. The day before the race, prolonged rain made the floor wet and damaged some of the
facilities and the organization considered postponing the race. The opportunity cost for participants to continue running on such a
poor road would _____ because _____.
A. increase……the participants are likely to run slower
B. increase……there is a higher risk for the participants to get injured
C. remain unchanged……all participants spent the same amount of time in Hong Kong
D. remain unchanged……some foreign participants already paid for the flight and accommodation to stay in Hong Kong
下週將舉行馬拉松比賽。比賽前一天，連場大雨導致地面濕滑，部分設施受損，賽事組織考慮延遲比賽。參與者繼續在
該惡劣的道路上跑步的機會成本會 _____，因為 _____。
A. 增加…參與者可能會跑得更慢
B. 增加…參與者受傷的風險較高
C. 不變…所有參與者在香港所花的時間是相同的
D. 不變…部分外地參與者已支付留港的機票及住宿費
35
The Hong Kong government decided to lower the eligible age of the $2 Travelling Scheme from 65 to 60 in 2022. This increases
the _______ in GDP and results in a _______ shift of the aggregate demand curve.
A. government consumption expenditure…… leftward
B. government consumption expenditure…… rightward
C. private consumption expenditure…… leftward
D. private consumption expenditure…… rightward
香港政府決定在 2022 年將 2 元乘車計畫的合資格年齡從 65 歲降低到 60 歲。這令本地生產總值內的 _______ 增加，

並導致總需求曲線向 _______ 移。
A. 政府消費支出…左
B. 政府消費支出…右
C. 私人消費支出…左
D. 私人消費支出…右
36
Inflationary (output) gap
A. will be eliminated by a leftward shift of the aggregate demand curve when the market adjusts from short run equilibrium to
long run equilibrium.
B. will result in an upward pressure on the prices of inputs.
C. will exist if the aggregate demand exceeds short sun aggregate supply.
D. will be narrowed when there is an depreciation of the domestic currency.
下列哪項有關通脹(產出)差距的陳述是正確的？
A. 當市場由短期均衡調整到長期均衡，總需求曲線的向左移動會將消除通脹(產出)差距。
B. 通脹(產出)差距會導致投入的價格有上漲壓力。
C. 若總需求超過短期總供應，通脹(產出)差距便會存在。
D. 當本國的貨幣貶值，通脹(產出)差距收窄。
37
An increase in the price for good X will lead to a drop in the price of good Y if
(1) good X and good Y are competitive supply.

(2) good X and good Y are joint supply.
(3) good X and good Y are substitutes.
(4) good X and good Y are complements.
A. (1) and (3) only

B. (1) and (4) only
C. (2) and (3) only
D. (2) and (4) only
在下列哪種情況下，物品 X 的價格上漲會令物品 Y 的價格下降

(1) 物品 X 和物品 Y 屬競爭性供應。
(2) 物品 X 和物品 Y 屬聯合供應。
(3) 物品 X 和物品 Y 是替代品。
(4) 物品 X 和物品 Y 是輔助品。
A. 只有(1)及(3)
B. 只有(1)及(4)
C. 只有(2)及(3)
D. 只有(2)及(4)
38
The market structure of the train system in Hong Kong is
A. an oligopoly because there are two train networks which are heavy rail and light rail.
B. an oligopoly because the pricing strategies of the companies are interdependent.
C. a monopoly because there is only one company providing train service in Hong Kong
D. a monopoly because the companies can increase the price without losing much customers
香港鐵路行業的市場結構屬
A. 寡頭壟斷，因為有兩個鐵路網絡，即重鐵(一般普通鐵路或地鐵)和輕鐵。
B. 寡頭壟斷，因為公司的訂價策略是互相影響。
C. 壟斷，因為香港只有一家公司提供鐵路服務。
D. 壟斷，因為公司可以在不失去太多客戶的情況下提高價格。
39
Which of the following items is NOT included in the calculation of Hong Kong’s net factor income from abroad for the current
year?
A. the income received by a Canadian banker who worked in an investment bank in Hong Kong for one year
B. dividends earned from shares in Hong Kong held by a Japanese resident
C. salary received by a Chinese doctor who worked for the Hospital Authority for five months
D. rental income earned from residential flats in the UK owned by a Hong Kong resident
下列哪項並不包括在香港該年度的海外要素淨收入的計算之中？
A. 一位加拿大銀行家在香港投資銀行工作一年所得的收入。
B. 一位日本居民持有香港股票所賺取的股息。
C. 一位中國醫生在醫院管理局工作五個月的所得的薪金。
D. 一位香港居民在英國擁有的住宅單位所賺取的租金收入。
40
Marking Scheme:
1. C 21. A
2. B 22. B
3. D 23. C
4. B 24. B
5. A 25. D
6. C 26. D
7. D 27. D
8. A 28. B
9. B 29 B
10. C 30. D
11. A 31. A
12. B 32. B
13. C 33. A
14. B 34. C
15. B 35. B
16. A 36. D
17. A 37. B
18. A 38. D
19. C 39. C
20. C 40. A
41
Notes
42
Notes
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A. (1) and (2) only

Change in Consumer Price Index (%)

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假設僱用機器的固定成本減少 $3，而每單位產出的邊際成本增加 $1。該廠商利潤最大化的產量因此 ____________，而

(1) general sales tax

A. (2) and (3) only

A. (1) and (2) only

Nominal interest rate

Which of the following could explain the above data?

(1) The central bank sold bonds to the public in 2022.

World Price 國際價格

If the world price of Good X rises,

香港政府決定在 2022 年將 2 元乘車計畫的合資格年齡從 65 歲降低到 60 歲。這令本地生產總值內的 _______ 增加，

(1) good X and good Y are competitive supply.

A. (1) and (3) only

在下列哪種情況下，物品 X 的價格上漲會令物品 Y 的價格下降

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