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Macroeconomıc Theory (ENG)

Deneme Sınavı Soruları

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  1. 1

    Which of the following models argues that firms perceive a change in nominal prices of their products as a relative price increase and first increase their production, then realize that all prices in the economy have increased and relative prices have not changed, so they reduce production and the economy returns to its long-term potential level?

  2. 2

    Which of the following developed the Schumpeterian version of endogenous growth theory?

  3. 3

    Convergence is the hypothesis suggesting that poor countries grow faster than rich countries. There are two important types of convergence in the neoclassical model: ............. and ............... (absolute) convergence.

    Which of the following completes the sentence above?

  4. 4

    I- A decrease in minimum wage, II- A more stringent anti-trust regulation, III- An increase in energy prices, IV- A decrease in mark-up rate, μ

    Which of the following factors will shift the AS curve up and to the left?

  5. 5

  6. 6

    What determines the magnitude of the shift in the AD-curve from AD0 to AD1?

  7. 7

    What is the immediate impact of an increase in P in the money market?

  8. 8

    Romer suggested that long-run growth is determined by the .......... and ............. rate of a country, rather than technological progress which is exogenously determined in the model.

    Which of the following completes the sentences above?

  9. 9
    1. Revaluation of domestic currency
    2. Increase in foreign income
    3. Increase in world interest rate
    4. Increase in foreign prices
    5. Increase in perceived riskiness of domestic country

    Which of the above exogenous shocks shifts the BP-curve up to the left?

  10. 10

    What are the equilibrium effects of monetary expansion on interest rate, output and price, respectively, in the medium term?

  11. 11
    1. The production function is linear in capital stock.
    2. The production function consists of labor and capital.
    3. Capital exhibits constant returns.
    4. There is a fixed level of technology.
    5. A increasing, exogenous saving rate is assumed.

    Which of the above is/are assumption(s) of the AK Model?

  12. 12

    What is the impact of expansionary monetary policy on the AD-curve?

  13. 13

    What determines the magnitude by which changes in the price level affect the aggregate output?

  14. 14

    Which of the following can not be considered generaly as one of the primary subjects of macroeconomics?

  15. 15

    When the government increases public spending by issuing new bonds, which of the following is true if the central bank buys these bonds through open market purchases?

  16. 16

    As a result of an decrease in income, one would expect all, but —---.

    Which of the following completes the sentence above?

  17. 17

    Which of the following is the saving function in an economy that has a consumption function of C=500+0.8Yd?

  18. 18

    What are the components of aggregate expenditure that can affect the goods market equilibrium and indirectly impact the money-market equilibrium and the general equilibrium of the economy?

  19. 19

    Which of the following is not a Keynesian Multiplier?

  20. 20

    ................ is a key factor for the provision of required capital for the production of goods and services, as it augments the physical stock of capital.

    Which of the following completes the sentence above?

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