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İKT108U

Introductıon to Economıcs II (ENG)

Deneme Sınavı Soruları

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  1. 1

    I.  The most important task of a central bank is to control monetary system of the country and to
    ensure it works in stability in order to achieve the national objectives. 

    II.  Central bank, as a financial institution, performs banking activities for the government by collecting, holding, transferring the government’s funds and making payments with them. 

    III. The term being banker for banking system means that the central bank serves other banks with products which is completely different to the banking system provides their clients. 

    What can be said to be true about the Central Bank’s functions?

  2. 2

    Which of the following is the ratio of the export price index of a county to its import price index?

  3. 3

    What is the money in the form of demand deposit that is created by banks as a result of accepting deposits and loaning of funds?

  4. 4

    Which of the following refers to the definition that central banks force commercial banks to hold a certain rate of their deposits as reserves?

  5. 5

    What is import?

  6. 6
    1. Terms of trade is the ratio of the export price index of a county to its import price index.
    2. Exchange refers to international trade.
    3. Factor intensity refers to intensity of the factors of production used in the production of a certain commodity.
    4. Factor abundance is the factor of production which exists in a greater proportion and with a relatively lower price in one country than the other country.

    Which of the definitions above related to international trade thaory are correct?

  7. 7

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

  8. 8

    Which of the following is the continuous increases in general price level for a long time?

  9. 9

    Which of the following is the object which has both values as a good and a medium of exchange?

  10. 10

    Asume that there is an excess demand for money in an environment where money supply does not change, which of the following may not happen in this case?

  11. 11

    I. Economic units exchange goods and services on hand with money, and use this money to buy goods and services they want. 

    II. Barter is the exchange of goods or services for another by using any medium of exchange.

    III. Money, as a unit of account, is a common measurement unit in quantifying the value of goods and services.

    What can be said to be true about the function of money?

  12. 12

    For a country, the ratio of the price of its export commodity to the price of its import commodity is defined as?

  13. 13

    "Barter........."

    Which of the following best completes the sentence above?

  14. 14

    According the macroeconomic equilibrium concept,............play a key role for the determination of production and income level of a country.

    Which of the following correctly completes that sentence above?

  15. 15

    "Transfers made by the government in order to support the investments of Public Economic Enterprises is called ...................."

    Please choose the correct choice to fill in the blank.

  16. 16

    Which of the following statement is correct about the Marginal propensity to consume?

  17. 17

    What is the term used for "level of investment expenditures which is determined independent of income"?

  18. 18

    When C=700, I=600, XN=500, AE=2500 what is the Government Expenditures?

  19. 19

    Assume that there is an increase of 100 TL in the expenditure level in an economy where MPS=0.30 and MPI= 0.10. Which of the following is equal to the level of increase of GDP as a result of this increase in initial expenditure level?

  20. 20

    (1).............. in taxes will pull down the aggregate spending by (2)............ consumption expenditures, and hence, the level of equilibrium income will drop down toward full employment level.

    Which one of the followings should fill in the blanks above orderly?

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