AÖF Soru Bankası
İKT108U

Introductıon to Economıcs II (ENG)

2021–2022 Final (Dönem Sonu) Çıkmış Soruları

  • 20 soru
  • Soru metinleri açık; şıklar ve cevap anahtarı uygulamada
  1. 1
    Who is the author of the famous book entitled "The Wealth of Nations"?
    • ACecil Pigou
    • BJohn Maynard Keynes
    • CMilton Friedman
    • DAlfred Marshall
    • EAdam Smith
  2. 2
    What is the reason for demanding money for speculative purpose?
    • AExistence of spending with non-increasing at a steady rate
    • BWillingness to cover unexpected expenses Expansion of expenses due to continuous
    • Cincrease in income
    • DUnmatched periods of income and spending
    • EUncertainty about the value of other financial assets
  3. 3
    Which of the following will shift aggregate supply curve to the right?
    • ALow wage level
    • BNo renewal of worn-out capital goods
    • CNatural disasters
    • DIncrease in fees
    • EBad weather conditions
  4. 4
    "According the macroeconomic equilibrium concept, - play key role for the determination of production." Which of the following correctly completes the sentence above?
    • Aproduction function ..ne
    • Bnegative slopes
    • Cthe slope of the other functions
    • Dmarginal propensities
    • Eaggregate expenditures
  6. 5
    Which of the following is the power that gives a central bank the function of being the lender of last resort?
    • AMediating the clearing of checks
    • BMonopolistic power on printing money
    • CSupervising the financial system
    • DPerforming banking transactions for the government
    • EHolding banking system's reserves
  7. 6
    Which of the following growth model takes into account of human capital formation?
    • AEndogenous growth model
    • BHarrod — Domar growth model
    • CSolow growth model
    • DKaldor growth modela
    • EKeynesian growth model
  8. 7
    According to standard theory of international trade which of the following is used to represent the supply?
    • AProduction possibilities frontier
    • BCommunity indefference curves
    • CLong-term aggregate supply curve
    • DE Aggregate marginal revenue curve
    • EAggregate average cost curve
  9. 8
    Which of the following is the reason behind the continuously increasing prices?
    • ADecreasing taxes
    • BDecreasing output costs
    • CIncreasing government expenditures
    • DDecreasing productivity of labor
    • EContinuously increasing money supply
  11. 9
    Which of the following is correct for the concept of Inflationary gap?
    • AIt is known as equations showing the relation between autonomous expenditures and income.
    • BIt is the excess of expenditures when the economy is in equilibrium above the full employment level of income.
    • CIt is the level of income that will be attained in the economy if all the factors of production participate most effectively in production.
    • DIt is the level of equilibrium income in which some of the production factors are idle. lof. E) It is the expenditure gap when the economy is in equilibrium below the full employment
    • Elevel of income.
  12. 10
    Which of the following can be said to be the function of a modern central bank?
    • ATo drive out the bad money in the market.
    • BTo serve as a medium of exchange
    • CTo perform banking transactions of the government.
    • DTo ensure and maintain instability in money markets.
    • ETo finance government budget deficits.
  13. 11
    Which of the following statements about the determinants of long-run living standards?
    • ALower saving allows for more investment and larger capital stock.
    • BHigher productivity raises saving and capital stock.
    • CHigher productivity directly decreases output.
    • DWith higher population growth more output is available for consumption or to increase capital per worker.
    • EWith higher population growth less output must be used to equip new workers with capital.
  14. 12
    What is the Golden Rule capital-labor ratio?
    • AThe increase (change) in the output produced that results in a one-unit increase (change) in labor input.
    • BAn expression that relates the total output produced to the quantities of inputs used.
    • CThe percentage increase in the gross domestic product of a nation from a period to another period of time.
    • DThe level of the capital-labor ratio that maximizes the consumption per worker in the steady-state.
    • EIf a variable grows at a pace of x percent per year, then it will take approximately 70/x years for that variable to double in value.
  16. 13
    I. Monetary policy is the decisions made by the central bank to affect the quantity of money in the country. Il. Expansionary monetary policy is the monetary policy that aims more rapidly increase in money supply and decrease in interest rates. III. Loosening monetary policy is the monetary policy that aims to slow down the increase in money supply and to raise interest rates. Which of the above can be said to be true about conducting monetary policy?
    • AOnly l
    • BOnly II
    • COnly III
    • Dland Il
    • Eland Ill
  17. 14
    What is the real exchange rate if the nominal exchange rate is 25 and the consumer price index of the foreign country is 4 and the consumer price index of the domestic country is 10?
    • A0.25
    • B1
    • C5
    • D10
    • E15
  18. 15
    Which of the following is the correct statement of the course of prices and production in a stagflationary environment?
    • AOutput stays constant while prices increase
    • BOutput increases while prices decrease
    • COutput decreases while prices increase
    • DBoth output and prices increase
    • EBoth output and prices decrease
  19. 16
    What is the summary statement of all the economic transactions made by the foreign currency?
    • ABalance of payments
    • BFinancial Account
    • CDebit international transactions et
    • DCredit international transactions
    • ECapital Account
  21. 17
    Which of the following is not one of the limitations of GDP usage?
    • AGDP and other income concepts do not take the quality changes of produced goods into account.
    • BThere are not many activities need to be added to GDP in principle but included actually.
    • CGDP and other income concepts exclude the most valuable activity for an individual: leisure.
    • DGDP and other income concepts do not reflect some social costs originated from production of goods and services.
    • EGDP and other income concepts based on it do not make sense if the population of the country in question is unknown.
  22. 18
    Which of the following is an element that is included in the productive capacity?
    • AExpectations about the future
    • BSupply of money
    • CNatural resources
    • DConsumer sentiment
    • EFinancial resources
  23. 19
    Which of the following will shift the aggregate supply curve to the left?
    • ADecrease in input prices
    • BTechnological progress
    • CEconomic growth
    • DIncrease in costs
    • EE Favorable weather conditions
  24. 20
    Which of the following is not related to automatic stabilizers?
    • ASavings of households
    • BChanges in firm stocks
    • CPressure on prices
    • DDividend Payments of corporations
    • EGovernment budget deficit
Şıkları ve doğru cevapları görIntroductıon to Economıcs II (ENG) dersinin tüm sınavları, cevap anahtarları, süreli mod ve yanlış analizi uygulamada.Uygulamada aç