Introduction to Economics 2 Ara 1. Deneme Sınavı

Toplam 20 Soru
PAYLAŞ:

1.Soru

In an economy with marginal propensities to save and to import are 0.30 and 0.20, respectively, what is the net effect of 250-lira increase in government expenditures and taxes on income?


125

 

175

 

250

 

375

500


2.Soru

When calculating GDP, which of the following is not included?


Investment expenditures of the government

 

Consumption expenditures of the government

 

Investment expenditures of firms

 

Interest payments in the economy

Net export revenue obtained from abroad


3.Soru

Which of the followings are not among the issues defined by macroeconomics?


unemployment

 

inflation

 

consumer behavior

 

economic stagnation

balance of payment


4.Soru

……………are the factors that cause autonomous components of aggregate expenditures to reduce.

Which word below best completes the definition above?


Leakages

 

Taxes

 

Expenditures

 

Injections

Exports


5.Soru

What is the name of the situation at which increasing saving reduces the consumption expenditures and, consequently, the income?

 


Fisher Effect

 

Gibson Paradox

 

Pigou Effect

 

Saving Paradox

Consumption Paradox


6.Soru

Which of the following is the primary automatic stabilizer?


Production surplus

 

Public sector revenues

 

Inflationary gap

 

Inflationary pressure

Income tax


7.Soru

Which of the following is true for mercantilism?

 


Individuals are important

 

Wealth consists of foreign exchange

 

It is a socialist view

 

Import should be higher than export

It is a very recent concept


8.Soru

If the marginal propensities to save and import are 0.40 and 0.10, respectively, what is the value of tax multiplier?


-1.5

 

-1

 

0

 

1

1.5


9.Soru

Based on the aggregate expenditure function in the chart, at an income level of 600 liras, what is the relationship among planned expenditures, income and stocks?


Since planned aggregate expenditures are greater than income, stocks decrease

 

Since planned aggregate expenditures are greater than income, stocks increase

 

Since planned aggregate expenditures are less than income, stocks decrease

 

Since planned aggregate expenditures are less than income, stocks increase

Since planned aggregate expenditures are equal to income, stocks do not change


10.Soru

Which of the followings states that each supply creates its own demand?


Economic Equilibrium

 

Classical Model

 

Say’s Law

 

Keynesian Model

Saving Paradox


11.Soru

Which of the following is defined as the portion of consumption expenditures that is independent of income?

 


Marginal propensity

 

Consumption expenditures

 

Average propensity

 

Consumption function

 

Autonomous consumption


12.Soru

Which one shows the economic performance of a country accurately?


Unemployment rate

 

Export income

 

National income

 

Monetary payment

Metal stock


13.Soru

What should be the direction of fiscal policy when deflationary gap in the economy is wanted to be eliminated by using aggregate expenditure function?


Neutral

 

Contractionary

 

Expansionary

 

Equitable

Fiscal policy cannot be used


14.Soru

The amount of goods and services that are desired to be produced in the economy is called ________.


national supply

 

flexible supply

 

interest supply

 

accumulative supply

aggregate supply


15.Soru

Which of the following is defined as the factors that cause autonomous components of aggregate expenditures to reduce? 


Exports

 

Demands

 

Savings

 

Injections

Leakages


16.Soru

Which of the following represents the sum of the income generated by the production factors?


Gross domestic product

 

Gross national product

 

National income

 

Net domestic product

Personal income


17.Soru

What refers to the ratio of change in import to change in income?


Average propensity to save

Marginal propensity to consume

Average propensity to consume

Marginal propensity to save

Marginal propensity to import


18.Soru

What happens when the economy reaches an equilibrium below its full employment level of GDP, occurs?


the inflationary gap

 

leakages

 

aggregate expenditure

 

the deflationary gap

equilibrium in economy


19.Soru

What refers to the part of the expenditure that exceeds the income?


Autonomous consumption

Negative saving

Saving function

Marginal propensity to consume

Marginal propensity to save


20.Soru

What is the level of income at which planned aggregate expenditures are equal to GDP?

 


Zero level of aggregate expenditures

 

The lowest level of GDP

 

The highest level of GDP

 

Average level of GDP

 

Equilibrium level of GDP