Ünite Sınavı Soruları

Which of the following statements is not always true for a country with an HDI above 0.8? 

The chart indicates the nominal GDP and real GDP of Country X in years 2017-2019. What is the annual economic growth rate of Country X for 2018?  

............... is an expression that relates the total output produced to the quantities of inputs used?

According to growth accounting equation, which of the following is the main sources of growth?

I.   Institutions
II.  Geography    
III. Sustained technological progress
IV.  Rates of accumulation of human capital

Which of the above are determinants of long-run economic growth? 

For a country, the values of real GDP in 2018 and 2019 are 1000 and 1100 dollars respectively and the growth rate of population is 10% during the period. What is the growth rate GDP per capita from 2018 to 2019?

Which of the following statement explains the reason for nominal growth rates are bigger than the real growth rates?

I. The production function is an expression that relates the total output produced to the quantities of inputs used.

II. The production function slopes upward, indicating with given A and L, the more the capital input is used, the more output is produced.

III. As the capital input decreases by the same amount, the contribution of incremental capital to total output decreases in comparison. 

What can be said to be true about the production function?

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

Which of following countries is very high ranked in Human Development Index in 2015?

I. The Harrod–Domar growth model relates an economy’s growth rate to its capital stock.

II. The Harrod–Domar growth model assumes an endogenous rate of labor force growth.

III. Positive changes in investment spending cause an increase in an economy’s productive capacity. 

What can be said to be true about The Harrod–Domar Growth Model?

1. Economic growth is a broader concept than economic development.
2. Economic growth reflects social and economic progress and requires economic development.
3. Economic growth is a vital and necessary condition for development.
4. Economic growth is not a sufficient condition, as it cannot guarantee development.

Which of the above statements is true about economic development?

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

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

I.  For capital-labor ratio, k, below k*, the saving is > the amount of investment needed to keep k constant, so the capital-labor ratio, k falls.

II. At this level of capital per worker, k*, the output per worker is y*=f (k*), and the consumption per worker is c*=f (k*)–(n+d)k*.

III. For capital-labor ratio, k above k*, the saving is < the amount of investment needed to keep k
constant, so capital-labor ratio, k rises.

What can be said to be true about the Capital–Labor Ratio in the Steady State?

According to Harrod-Domar Growth model what is the reason for the time period of t, It = St?

Which of the followings refers to the level of the capital labor ratio that maximizes the consumption per worker in the steady state?

Which of the following are common assumptions in Harrod-Domar and Solow models?