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İKT108U

Introductıon to Economıcs II (ENG)

Deneme Sınavı Soruları

  • 20 soru
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  1. 1

    The phenomenon is known as the Gresham’s Law indicates what?

  2. 2

    Which of the following is true about "inflation"?

  3. 3

    What is the equilibrium called when a country does not engage in any kind of international trade?

  4. 4

    The terms of trade of a country are given by the ratio of the price index of its  (1)........... to the price index of its (2)........... The ratio is usually multiplied by hundred in order to express the terms of trade in percentages.

    Which one of the followings should be substituted into the blanks given above?

  5. 5

    Which of the given statements can be said to be true about the effects of economic policies on aggregate demand?

  6. 6

    Which of the following leads to a shift in aggregate supply (AS) curve?

  7. 7

    Which of the following is the object which has no value as a good but has a value in purchasing goods and services?

  8. 8

    I. Price stability is the situation in which the general price level in the economy either changes very slowly or does not change at all.

    II. Production stability is to reduce the periodic fluctuations in GDP and maintaining economic growth rate close to the long-term average.

    III. To maintain economic stability economic policy should maintain stability in either stability in prices or stability in production.

    Which of the given statement can be said to be true about economic stability?

  9. 9

    What is the aggregate supply curve called where it is steep at the full employment level, where the highest level of production is achieved in the economy?

  10. 10
    1. General equilibrium is determined by the implementation of two economic policies: expenditure-changing policies and expenditure-switching policies.
    2. Internal equilibrium and external equilibrium is achieved by an effective implementation of the expenditure-changing and expenditure-switching policies.
    3. Expenditure-switching policies are the policies which change the total expenditure in the expense of imports or domestic commodities.
    4. The instruments of the expenditure-switching policies are the trade restrictions, foreign exchange controls, devaluations and revaluations. 

    Which of the statements above related to expenditure-switching policies are correct?

  11. 11

    Which of the following causes aggregate supply curve to shift rightward?

  12. 12

    The aggregate demand curve is the curve showing the relationship between the ................... and the ...................

    Which of the following should be substituted into the blanks above?

  13. 13

    "...... is the curve showing the realtionship between the total amount of production and prices offered by all firms in an economy."

    Which of the following terms correctly completes the above definition?

  14. 14

    What is the net multiplier with a value of 1 when government expenditures and taxes change in the same amount and direction?

  15. 15

    Unless the government increases the taxes what is the increase in income when marginal propensity to consume is 0.73 and marginal propensity to import is 0.13 and in case of an increase of 290 million TL in public expenditures? 

  16. 16

    When marginal propensity to save is 0,30 and marginal propensity to import is 0,10 and in case of an increase of 400 TL in public expenditures, if the government doesn’t increase the taxes, how much do the income increase?

  17. 17

    Which of the following is the coefficient that determines the effect of a change in taxes on the level of income?

  18. 18

    Keynes links the deviations from full employment to the inadequacy of --------------------- in the economy. Which term best completes the gap in the sentence?

  19. 19

    Which of the following terms refers to the coefficient that is used to calculate how much income will change when there is a shift in aggregate expenditures, stemming from the change in autonomous expenditures?

  20. 20

    What term is used for the unemployment which occurs during contraction of production volume experienced from time to time?

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