Deneme Sınavı Soruları

Both real output and generel price level increase

Both real output and generel price level decrease

Real output increases and generel price level decreases

Real output decreases and generel price level increases

Both real output and generel price level do not change

Store of value

Barter

Unit of account

Deposit money

Liquidity

Aggregate Supply Curve Shifts to the left in the Short-Run,

Aggregate Supply Curve does not move,

There would be a movement along the Aggregate Supply Curve,

Aggregate Supply Curve Shifts to the right up in the Short-Run,

Aggregate Supply Curve Shifts to the right down in the Short-Run,

I and II

II and III

III and IV

I, II and IV

I, II, III and IV

Expenditure-switching policies

Production possibilities frontier

Expenditure-threshold policies

Consumption possibilities frontier

Expenditure-changing policies

general price level increases; income level decreases

general price level decreases; income level increases

general price and income levels decrease

general price and income levels increase

no change on general price and income levels

The relationship between general price level and production level.

The relationship between price and quantity demanded of a single good

The relationship between price and quantity supplied of a single good

The relationship between interest rate and money demanded

The relationship between wage rate and labor demanded

Discount Rate

Open market operations

Velocity of money

Neutrality of money

Required reserve ratio

Only I

Only II

I and II

I and III

II and III

Velocity of money

Multiplication of prices

Stable interest rate

Existence of alternative financial assets

Changes in the aggregate expenditure

An increase in energy prices.

An incease in the cost of production.

A decrease in capital accumulation.

An increase in productivity.

An increase in input prices.

Only I

Only II

I and II

I and III

II and III

WTO has no function such as dispute settlement mechanism dealing with international trade disputes.

GATT is the General Agreement on Tariffs and Trade which was signed in 1947

Uruguay Round is the most well-known trade round of GATT that started in 1986 and ended in 1994

WTO is replaced by GATT on 1 January 1995 which had been in existence since 1947

WTO agreements do not only cover commodity trade but also services trade and
intellectual-property

Only I

I and II

II and III

I and III

I, II and III

Public transfers

Debts

Exports

Taxes

Savings

Imports

partly transferred to government as taxes (T),

partly used for the domestic investment,

partly used to purchase the domestically produced goods and services, in other words, consumed (C),

partly spent for imported goods and services (IM),

 partly used for savings (S).

Fiscal policy that aims to raise employment by increasing government spending and/or reducing taxes.

Fiscal policy that aims to raise inflation by increasing government spending and/or reducing taxes.

Fiscal policy that aims to raise unemployment by increasing government spending and/or reducing taxes.

Fiscal policy that aims to raise aggregate expenditures by increasing government spending and/or reducing taxes.

Fiscal policy that aims to reduce interest rates by increasing government spending and/or reducing taxes.

is the expenditure gap when the economy is in equilibrium below the full employment level of income.

is the distance to be covered in an economy when it needs to be in equilibrium below the full employment level

is the gap when the economy is in full employment and below the equilibrium level 

is the earning gap in the economy when it is in equilibrium below the full employment level 

is the saving gap when the economy is not in equilibrium below the full employment level 

Autonomous tax is the part of total taxes that is dependent on income,

Autonomous tax is the part of total taxes that is independent of national income,

Autonomous tax is the part of total taxes that is dependent on income and food expenditures,

Autonomous tax is the part of total taxes that is independent of income,

Autonomous tax is the inflation tax.