Ünite Sınavı Soruları

“A movement along a given AD-curve is caused only by changes in the………”

 Which of the following completes the sentence above?

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?

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?

I- A decrease in nominal money supply, II- An open market sale, III- An increase in transfers, IV- A decrease in the required reserve ratio, V- A decrease in discont rate

 Which of the following monetary and fiscal policy applications shifts the AD curve downwards to the left?

I- The SRAS is also called the Keynesian Aggregate Supply curve and it is vertical

II- The shape of SRAS implies that at the existing price level, firms are willing to supply whatever amount of goods is demanded in the economy

III- According to the short-run aggregate supply there is full employment in the economy

IV- Firms can hire as much labor as they want and increase production at the current wage without raising the prices.

Which of the following statements about the Short Run Aggregate Supply (SRAS) is correct?

Which of the following statements about the Aggregate Supply curve is true?

Which of the following statements about LRAS, or the Classical Aggregate Supply curve, is true?

What is the relationship between an increase in price level and aggregate output?

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

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

Which of the following statements is false?

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

Which of the following statements about aggregate supply is false?

Which of the following statements about price stickiness is consistent with the Keynesian theory?

Which of the following statements is true regarding the aggregate demand relationship?

Other things being equal, which of the following statements is correct if public spending increases?

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

Which of the following statements about the Aggregate Supply curve is false?

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