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İKT108U

Introductıon to Economıcs II (ENG)

Deneme Sınavı Soruları

  • 20 soru
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  1. 1

    If the full employment of economy with price stability is established at the same time what type of equilibrium is established in this economy?

  2. 2

    ‘Country’s ……………………….. exceed its production possibilities with international trade leading to a higher consumption satisfaction to the consumer.’

    Refill the blank with one of the following options?

  3. 3
    1. Countries restrict their international trade by using restrictive trade instruments.
    2. Restrictive trade instruments are examined into two groups: Tariffs and non-tariff restrictions.
    3. A tariff is a tax or duty levied on the traded commodity as it crosses a national boundary.
    4. A non-tariff restriction is any action other than a tariff that restricts international trade.
    5. Non-tariff restrictions can be classified into three different categories: non-tariff restrictions imposed on imports, non-tariff restrictions imposed on exports:and non-tariff restrictions imposed in the national economy.

    Which of the statements related to international trade policy are correct?

  4. 4
    1. Interest rate
    2. Income
    3. Price level
    4. Unemployment rate
    5. Nominal exchange rate

    Which factors determine the amount of money individuals want to keep?

  5. 5

    Which of the following is the situation in which the general price level in the economy either changes very slowly or does not change at all?

  6. 6

    AD curve states that price level and production are negatively related. The factor that drives the production level is ......................., not the price level. 

  7. 7

    Which of the following does shift the aggregate supply curve to the right?

  8. 8
    1. Economies of scale exist when the cost of producing a unit of a commodity falls as its output rate increases.
    2. Imperfect competition is a type of market structure showing some but not all the features of perfect competition.
    3. Constant returns to scale gives a constant long run average cost of a firm as output increases.
    4. Constant returns to scale occur if the percentage increase in output equals the percentage increase in inputs.
    5. Increasing returns to scale occur when the percentage increase in output exceeds the percentage increase in all inputs, with given input prices.
    6. Perfect competition defines the ideal and extreme type of a market structure

    Which of the definitions above related to new trade theories are correct?

  9. 9

    What is the speed and easiness of an asset to convert currency or demand deposit or any other payment tool?

  10. 10

    What are the inputs used in the production process called as?

  11. 11

    Today, what kind of money form is used as a basis of monetary system in most of the countries?

  12. 12

    The money created in the form of demand deposits as a result of banks’ credit transactions is called as ..............

  13. 13

    What is the name of the curve showing the relation between the total amount of production and prices offered by all firms in an economy?

  14. 14

    Which of the following is not related to focuses on behaviors of  groups in an economy

  15. 15

    If the real GDP value for a country is 87 million TL and the price index for the same year is 397, what is the value of nominal GDP?   

  16. 16

    The total income of the country may be used in different ways. Which of the followings gives these ways correctly and completely?

  17. 17

    The idea of government’s intervention to economy started with ..............

    Which one of the followings should fill the blank above?

  18. 18

    In an economy with marginal propensity to consume is 0.70, marginal propensity to import is 0.20, holding everything else constant, what should be the increase in government expenditures in order achieve a 500 TL increase in equilibrium income?

  19. 19

    Which of the following does refer to the positive linear relationship between income and consumption expenditures?

  20. 20
    Which of the following is explaining that Keynes's proposed model during the Great Depression?
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