Deneme Sınavı Soruları

Recovery

Growth

Production

Contraction

Business cycle

A non-linear and positive relationship between income and consumption expenditures,

A linear and negative relationship between income and consumption expenditures,

A linear and positive relationship between income and consumption expenditures,

A non-linear and negative relationship between income and consumption expenditures,

Only a linear relationship between income and consumption expenditures.

The figures calculated with national currency is stated with a common monetary measure

GDP and other income concepts exclude the most valuable activity for an individual: leisure

GDP and other income concepts do not take the quality changes of produced goods into account

GDP and other income concepts do reflect some social costs originated from production of goods and services

GDP and other income concepts don’t provide detailed information about the combination and distribution of income created in the country

General price level

Interest rate

Exchange rate

Unemployment

Business cycle

Transfer expenditures

Expected profit

Capacity utilization

Technological change

Income

Interest rate

expected income

expected return

expected profit

expected sales

expected costs

Positive relationship between income and saving is called consumption function.

Consumption function refers to the positive linear relationship between income and consumption expenditures

Negative relationship between income and consumption expenditures is called consumption function.

Positive relationship between saving and consumption expenditures is called consumption function.

Positive relationship between interest rate and consumption expenditures is called consumption function.

Savings

Income taxes

Indirect taxes

Imports

Investments

relates the wealth of a society and a government to precious metal stock of the country

all production factors don't belong to the governments.

provide with a significantly large area of intervention.

the government doesn't have a significant role in any economy.

they don't emphasize that the government may use its taxation.

300

435

570

645

760

Profit

Value added

Total cost

Intermediate value

Final value

Keynessians

Classical school

Mercantilists

New-Classical School

Free-market believers

This interest rate will change so as to ensure that the funds provided as a result of savings are equal to the funds requested for investments.

The economic units that save and invest in the economy are generally different from each other.

The economy is not always at full employment equilibrium because flexible prices and wages are not always valid.

Full employment in the economy can be achieved by an adequate level of aggregate expenditure.

What is important here is the level of aggregate demand.

Total payments against purchase of goods and services made by all public bodies.

The sum of general budget and special budgets of all segments of public sector.

The government doesn't choose the direct purchasing of goods and services.

Public expenditures in broad sense are also called as economic public expenditures.

Public expenditure depends on the legal personality making the expenditure.

Import

Export

Marginal propensity to import

Interest rate

Capacity utilization

1.5

2

2.15

2.45

3

Households

Firms

Government

Central bank

Banks

Expansionary fiscal policy

Contractionary fiscal policy

Expansionary monetary policy

Contractionary monetary policy

Financial policy

Great Depression

Total production

Macroeconomics

The equilibrium

The national economy