Ünite Sınavı Soruları

If the economy is operating in the horizontal part of the aggregate supply curve, what would be the effect of an expansionary policy on prices and production?

What aggregate supply curve shows?

Which of the following may occur as a result of a decrease in the price level in the economy?

"Stagflation.............." Which of the following most appropriately completes the sentence above?

When there is an increase in costs, what will happen to AS curve?

What is stagflation?

Assume that the aggregate supply curve is constant, the aggregate demand curve shifted to the right for any reason. What will happen to general price and income level in economy?

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?

I. The equilibrium price level is the price level at which the aggregate demand is equal to aggregate supply.

II. The equilibrium price level corresponds to the intersection of AD and AS curves.

III. Only the factors affecting the changes in aggregate demand cause the equilibrium price level to change.

What can be said to be true about the equilibrium price level? 

1. Interest rate
2. Income
3. Price level
4. Unemployment rate
5. Nominal exchange rate

Which factors determine the amount of money individuals want to keep?

A/an ............. in taxes leads to a/an ............ in disposable income and leading to a/an ........... in aggregate expenditures and production. 

"Equilibrium price level ..............." Which of the following most appropriately completes the sentence above?

Which of the following is the true definition of "Aggregate demand"?

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

"Price stability........................." Which of the following most appropriately compeletes the sentence above?

I. The equilibrium price level is the price level at which the aggregate demand is larger than the aggregate supply.

II. The equilibrium price level is the price level at which the aggregate demand is equal to the aggregate supply.

III. The equilibrium price level is the price level at which the aggregate demand is smaller than the aggregate supply.

What can be said to be true about the equilibrium price level?

Which curve shows the relation between the total amount of production and prices offered by all firms in an economy?

Which of the following cause a shift to the right on the aggregate demand (AD) curve?

What does aggregate demand curve show?

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