Deneme Sınavı Soruları

Seasonal unemployment

Cyclical unemployment

Structural unemployment

Regional unemployment

Technological unemployment

In an economy, there is a rule that investments are equal to savings, government expenditures are equal to taxes, and exports are equal to imports.

Another leakage arising from the income-expenditure flow is taxes.

Imports refer to expenditures made domestically for goods and services
manufactured abroad by foreigners.

In order to achieve equilibrium in the economy, the leakages from income – expenditure flow must be balanced by additions (i.e., injections) to this flow.

Exports represent the value of goods and services sold abroad.

Aggregate expenditure function

Aggregate demand function

45 degree line

Money demand function

Investment function

Guaranteening a job for everyone

Ensuring economic growth

Providing economic stability

Providing fair income distribution

Ensuring economic development

Automatic stabilizers

Contractionary fiscal policy

Expansionary fiscal policy

Balanced budget multiplier

Autonomous tax

100

-100

150

-150

-200

expenditures paid for goods and services which may directly meet the daily needs,

expenditures of businesses and government for new equipment, tools and buildings, increase in stocks and expenditures of individuals for building new houses,

expenditures of only businesses and government for new equipment, tools and buildings,

expenditures of only individuals for building new houses,

expenditures of only businesses for new equipment, tools and buildings,

1.5

1

2.5

2

3.6

AE shits downward and Y decreases

AE shifts upward and Y increases

AE shifts upward and Y decreases

AE shifts downward and Y increases

AE and Y do not change their original position

1.25

1.5

1.75

2

2.25

increases by 250 TL

decreases by 250 TL

increases by 375 TL

decreases by 375 TL

increases by 125 TL

Saving paradox

Leakage

Injection

Stagflation

Inflation

Only I

Only II

I and II

I and III

II and III

0.5

0.75

1

1.25

1.50

Saving Paradox is the reduction in the consumption expenditures and investment because of rising savings.

Saving Paradox is the reduction in the consumption expenditures and increase in inflation because of rising savings.

Saving Paradox is the reduction in unemployment because of rising savings.

Saving Paradox is the reduction in the price level and, therefore, income because of rising savings.

Saving Paradox is the reduction in the consumption expenditures and, therefore, income because of rising savings.

Equilibrium

Disequilibrium

Unemployment

Inflation

Deflation

Average propensity to consume is the slope of the consumption function and the steeper the function is, the higher the slope will be.

Marginal cost is the slope of the consumption function and the steeper the function is, the higher the slope will be.

Marginal propensity to consume is the slope of the consumption function and the steeper the function is, the lower the slope will be.

Marginal propensity to consume is the slope of the consumption function and the steeper the function is, the higher the slope will be.

Marginal propensity to consume is the slope of the consumption function and the steeper the function is, the infinite the slope will be.

saving

autonomous

negative

profitable

increasing

It is deemed as the origin of modern fiscal policy.

It is the fiscal policy that aims to raise aggregate expenditures by increasing government spending and/or reducing taxes.

It is the high inflation and high unemployment rates occurred at the same time.

It is the policy to decrease the aggregate expenditures.

It may decrease taxes that will cause income level to raise.

On aggregate expenditure function

On aggregate supply and aggregate demand

On determination of equilibrium income and expenditure

On aggregate production and aggregate expenditures

On aggregate demand or aggregate expenditure