Ünite Sınavı Soruları

I.   An increase in saving rate (s) causes capital per worker to fall. 
II.  An increase in productivity causes long-run output per worker to rise. 
III. An increase in the rate of population growth causes consumption per worker to fall. 

Which of the statements above is true? 

I.   The model assumes a fixed capital-output ratio
II.  The model assumes zero substitutability between capital and labor
III. The model assumes that inflows would go into investment one to one

Which of the above can be considered as shortcomings of the Harrod-Domar model?

Let’s say a country’s annual average per capita income growth rate is x = 0,7 per cent. How long does it take (in years) for the living standards of the people in this country to be doubled?

Which of followings is not a assumption of the Solow growth model?

What is the percentage increase in the gross domestic product of nation from a period to another period of time?

Let’s say a country’s annual average per capita income growth rate is x = 0,1 per cent. How long does it take (in years) for the living standards of the people in this country to be doubled?

I. Economic growth is the percentage increase in the gross domestic product of a nation from a period to another period of time.

II. The real economic growth is the percentage change in real GDP from a period to another.

III. Economic growth can only be positive.

What can be said to be true about economic growth?

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?