Introduction to Economics 2 Final 2. Deneme Sınavı

Toplam 16 Soru
PAYLAŞ:

1.Soru

What do we call to a tax or duty levied on the traded commodity as it crosses a national boundary?


Quota

 

Tariff

 

Non-tariff restriction

 

Subsidy

Indirect tax


2.Soru

Which of the following is not one of the reasons for demand-pull inflation?


Increasing money supply

 

Increasing autonomous government expenditures

 

Increasing costs

 

Increasing autonomous consumption expenditures

Decreasing taxes


3.Soru

……………… is the direct exchange of goods or services for another without using any medium of exchange

What best fits the blank above?


Measurement unit

 

Store of value

 

Monetary policy

 

Barter

Fiat money


4.Soru

Which of the following is not among the factors of increase in aggregate supply?


Decrease in input prices

 

Low wage level

 

Technological progress

 

Bad weather conditions

More workforce


5.Soru

Which of the following is not included in balance of payments?


Current account

Capital and financial account

Official reserves account

Statistical discrepancy account

International transaction account


6.Soru

What does internal equilibrium refer to?


It refers to the full employment of economy with price stability.

 

It refers to the balance of payments equilibrium.

 

It refers to the situation of concurrent equilibrium of the internal and external balance of an economy.

 

It refers to the situation of either internal or external equilibrium in an economy.

None of the above


7.Soru

At the autarky, which of the following are the same?

I. PPF

II. CPF

III. BOP

IV. FDI


I and II

 

I and III

I and IV

 

II and III

II and IV


8.Soru

Which of the following countries is ranked very high in terms of HDI?


Turkey

 

Iceland

 

India

 

Ukraine

China


9.Soru

I. A change in real income and/or prices does not mean a change in nominal income

II. There is a possibility of barter in a modern economy, so economic units sometimes may not need money to perform their daily operations.

III. The reason you hold money in your wallet to buy something is that acquisition periods of income are generally not matching with spending periods.

Which of the statement(s) given above is /are true?


I and II

 

Only III

 

II and III

 

I and III

Only II


10.Soru

What is another name for supply shock?


output shock

 

positive shock

 

productivity shock

 

beneficial shock

functional shock


11.Soru

Which of the following functions of money ensures to keep purchasing power on hand?

 


Unit of account

 

Barter economy

 

Store of value

 

Medium of exchange

Social transfer


12.Soru

What is the region of aggregate supply curve called at the full employment level with highest level of production?


Keynasian region

 

Intermediate region

 

Classical region

 

Neo-classical region

None of the above


13.Soru

Which one of the following is not one of the shortcomings of the Solow Growth Model?


The long-run per capita growth rate is determined entirely by the rate of technological progress but the technological growth is outside the model

 

Income per capita differentials across the countries are much greater than predicted by this model.

 

The model assumes that the marginal product of capital should be much higher in poor countries than in rich countries.

 

The capital accumulation alone cannot account for either growth of per capita income over the long-run or the enormous disparities in living standards among the nations.

It adds the accumulation of human capital to the initial variables.


14.Soru

……………………………is the price level at which the aggregate demand is equal to aggregate supply.

Which one of the following completes the sentence above?


Aggregate demand

 

Aggregate demand curve

 

Equilibrium price level

 

Aggregate supply

Aggregate supply curve


15.Soru

Which of the following options would lead to an environment having no common instrument for exchanging?


Money economy

Free economy

Barter economy

Health econmy

Manufacturing economy


16.Soru

  • Health standards,
  • sanitary and phyto-sanitary standards,
  • environmental standards,
  • labor standards,
  • product standards,
  • production subsidies,
  • internal charges, etc
    Above standards belong to which restrictive trade instruments? 


Non-tariff restrictions imposed on imports

Non-tariff restrictions imposed on exports

Non-tariff restrictions imposed in the national economy

Non-tariff restrictions imposed in the international trade

Non-tariff restrictions imposed in the international finance