Ünite Sınavı Soruları

I. Leakages are used to denote reductions in autonomous components of aggregate expenditures.

II. Leakages for an open economy are investments, government expenditures, and exports.

III. Leakages for an open economy are savings, taxes, and import.

What can be said to be true about leakages?

"Increasing savings in the economy will cause total spending and income to decrease as long as it does not turn into ________________." Which term best completes the gap in this sentence?

What is the value of multiplier when the marginal propensity to import (MPI) and marginal propensity to save (MPS) are 0.30 and 0.20, respectively?

Assume everybody receives 1,000 TL of income, and save 50% (500 TL) and spend the rest (500 TL). The amount spent supports demand for products, which in turn creates jobs, encourages entrepreneurship, and generates tax revenue for the government.

In the second scenario, assume everybody has decided to increase their saving from 500 to 750 TL without any increase in their income. This means a drop in the demand for goods and services. Businesses can't make a profit, and so they displace workers, which increases unemployment and lowers the tax revenue to the government. The unemployed people, now without an income, stop spending, which worsens the problem even more.

Which of the following terms is used to define this phenomenon?

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?

In the Classical model, the economy is always at full employment. What is the mechanism behind this assumption? 

Which of the following refers to the aggregate expenditure (AE) function for an open economy?

Assume that there is an increase in government spending of 400 TL in the economy. What would be the resulting increase in GDP as a result of this change?

Which of the following defines the sentence below correctly?

" It Is the point on which there is no tendency to leave. "

When did the Great Depression occur?

Which of the following occurs when the economy is in equilibrium below the full employment level of income?

What are the factors that cause autonomous components of aggregate expenditures to reduce called?

According to Keynes, the level of production in the economy is determined by ...............

The multiplier value is always greater than what number?

In the Classical model, thanks to the smooth operation of the market mechanism, the economy is at .............. employment

Which of the following is correct for the blank in the sentence below?

" ................ are used to denote reductions in autonomous components of aggregate expenditures. "

Which of the following information about the expenditure multiplier is not true?

What is the value of the expenditure multiplier when the marginal propensity to save (MPS) is 0.20 and the marginal propensity to import (MPI) is 0.05?