Deneme Sınavı Soruları

Autonomous tax

Tax multillier

Expansionary fiscal policy

Contractionary fiscal policy

Automatic stabilizers

under

narrow 

full

constrained

full-time

independent economy

savings

national interest rate

autonomous investments

independent consumption

Economic transfers

Financial transfers

Social transfers

Political transfers

Debt payments

General price level

Hyperinflation

Inflation

Deflation 

Stagflation

The ratio of consumption change to income change.

The portion of consumption expenditures that is independent of income.

The relationship between income level and saving.

The part of the expenditure that exceeds the income.

The positive linear relationship between income and consumption expenditures

Economic transfers

Financial transfers

Public expenses

Social transfers

Debt payments

0.85

0.80

1.15

0.15

1.85

0,25

0,1

0,6

0,8

0,05

2.5 and -1.5

2.5 and 1.5

2 and -1

-2 and 1

1 and -1

by banking system.

by central bank.

on money market.

on loanable funds market.

by borrowing rate.

Only I

Only II

I and II

I, II and III

I, II and IV

III

I

II

I and II

I and III

Production function

Consumption function

Income function

Investment function

Government expenditure function

improving balance of payments,

reducing public sector deficits,

decreasing the inflation,

holding everything else constant,

setting up the disrupted equilibrium,

If the total expenditures are less than GDP, the entire goods and services produced in the economy will not be bought, and the stocks of the firms will start to increase.

The equilibrium level of the economy is the level of income-production where the planned expenditures are equal to GDP.

This means the production of goods and services is greater than the planned total spending.

The level of equilibrium income that emerges doesn't show the level of actual employment in that economy.

The actual expenditures in the economy are always equal to the income and the production. These expenditures include stock variables.

National income accounting

Gross domestic product

Value added

Total expenditures

Personal income

Zero

Negative

Positive

Infinite

Undefinite

Equilibrium income can be achieved at the level of underemployment or overemployment

The level of income depends on aggregate demand or aggregate expenditures.

Firms give their production decisions according to the expected aggregate expenditure.

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

A certain amount of income is generated as a result of the production of goods and services.

Inflation is the increase in single good’s price in the economy.

Inflation is the general (continuous) increase in all prices in the economy,

Inflation is the increase in all services’ prices in the economy.

Inflation is the increase in all imported goods prices in the economy.

Inflation is the increase in exchange rates in the economy.