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İKT108U

Introductıon to Economıcs II (ENG)

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  1. 1

    I. Decreasing money supply

    II. Increase in government spending

    III. Increase in taxes

    Which of the item(s) given above are (is) suitable for expansionary economic policy?

  2. 2

    I. If the economy operates on the steepe region of the AS curve, the dominant effect of expansionary policies will be on prices.

    II.  If the economy operates on the horizontal region of the AS curve, the dominant effect of expansionary policies will be on prices.

    III. If the economy operates on the horizontal region of the AS curve, the dominant effect of expansionary policies will be on production.

    What can be said to be true about the effects of monetary and fiscal policy?

  3. 3

    According to the research results from World Bank, which of the following countries has the highest rate of GPD in 2017?

  4. 4

    What is the increase in the output produced that results in one-unit increase in labor input?

  5. 5

    I. Supply shocks are the shocks that cause the change in an economy’s production function.

    II. The negative (adverse) supply shocks cause the upward shift of the production function.

    III. Supply shocks cause not a movement along with the production function but they cause the shift of the production function. 

    What can be said to be true about supply shocks?

  6. 6

    Which of the following terms refers to the money in the form of demand deposit that is created by banks as a result of accepting deposits and loaning of funds?

  7. 7

    How the banking practice in which banks hold less reserves than their total liabilities is called?

  8. 8

    Which of the following is equal to CPF (consumption possibilities frontier) at the autarky?

  9. 9

    What is the reduction of the periodic fluctuations in GDP and maintenance of the economic growth rate close to the long-term average?

  10. 10

    I. the stability in prices

    II. the stability in production

    III. the stability in interest rates

    IV. the stability in exchange rates

    In terms of economic stability, two main objectives of today’s economic policy include which of the above-mentioned stability items?

  11. 11

    What is the price level at which the aggregate demand is equal to aggregate supply called?

  12. 12

    Which of the following refers to the full employment of economy with price stability?

  13. 13

    What is the book that led to the birth of economics as a science?

  14. 14

    Direct Taxes: 30

    Indirect taxes: 60

    Personal income: 120

    According to data above, what is disposable income? Calculate.

  15. 15

    According to Keynesian theory, which of the following is one of the factors that cause labor market to move away from the fully competitive structure?

  16. 16

    For an open economy, If the Expenditure Multiplier is equal to 2,5, then how much an initial expenditure of 100 Tl will cause an increase in GDP?

  17. 17

    When does negative saving occur in the economy?

  18. 18

    Which of the following(s) is/are components of aggregate expenditures?

    I. Consumption

    II. Investment

    III. Government expenditure

    IV. Net export

  19. 19

    Which of the following is the term for defining the total value of all final goods and services produced and expressed with market prices in a specific period of time?

  20. 20

    which of following is a useful tool for assessing the impact of changes in economic policies on the economy?

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