Deneme Sınavı Soruları

1. How does international trade increase the economic gains ofthe trade partners?
2. How are these economic gains shared?
3. What are the welfare effects of international trade?
4. Why do the country imports the commodity instead of producing at home?
5. What is the basis for and the pattern of international trade between the trading countries and the economic gains of the trading countries from international trade?

Which of the above are the questions answered by international trade theories?

What can be said to be true about the aggregate demand curve?

How an asset which has a high liquidity but cannot be used directly in payments is called?

Which of the following is not one of the functions of the central bank?

Which is the boundary between those combinations of commodities and services that can be produced and those that cannot?

I. Economic development reflects social and economic progress and requires economic growth. 

II. Economic growth is a vital, necessary and sufficient condition for economic development.

III. Economic growth includes improvements in the standard of living through the creation of jobs and other conditions.

What can be said about economic development?

"Cost-push inflation.................." Which of the following most appropriately completes the sentence above?

What is liquidity?

If we assume that the economy is in underemployment like Keynesian economists, what is the shape of aggregate supply curve?

I. Production possibilities frontier (PPF) is the boundary between those combinations of commodities and services that can be
produced and those that cannot.

II. A country’s consumption possibilities exceed its production possibilities with international trade leading to a lower consumption satisfaction to the consumer. 

III.  In international economics, consumption possibilities frontier (CPF) defines the consumption choices of a country under the given relative prices. 

What can be said to be true about consumption and production possibilities frontier?

According to the above figure, what happens when nominal income increases from Y0 to Y1?

I. Demand-pull inflation is the inflation caused by aggregate demand increases.

II. Demand-pull inflation is the inflation that occurs as a result of increase in input costs.

III.  If the economy operates on the steeper part of AS curve when aggregate demand increases price increase precludes output increase.

What can be said to be true about demand-pull inflation?

The estimated consumption function for an economy is C=800+0.83Y. Which of the following is a marginal propensity to save for this economy?

Since the current unemployment rate in the economy is higher than the desired, realized production level is far from providing full employment, and therefore, economy needs ................

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

II. Increasing savings in the economy will cause total spending and income to decrease as long as it does not turn into investments. 

III. In most of the developing countries, households have high level of saving. 

What can be said to be true about the saving paradox?

What is the value of tax multiplier when marjinal propensity to consume and import 0.50 and 0.25, respectively?

What is the value of the balanced budget multiplier when canges in expenditures should be met completely by changes in taxes?