Deneme Sınavı Soruları

It leads to a decrease in national income and higher interest rates.

It causes an external deficit due to increased imports without affecting the capital and financial account.

It results in an external surplus as the capital inflow exceeds the outflow from increased imports.

It has no impact on the domestic interest rate or national income.

It decreases the domestic money supply, leading to higher interest rates.

By an automatic adjustment in the exchange rate, where a BOP deficit leads to depreciation and a surplus leads to appreciation of the home currency.

By enforcing stringent government-imposed restrictions on foreign exchange transactions to stabilize the BOP.

Through central bank interventions adjusting the money supply to match the demand for foreign exchange.

By imposing tariffs on imports to reduce deficits and subsidies on exports to reduce surpluses, without affecting the exchange rate.

Through negotiated adjustments in fixed exchange rates based on international agreements to address BOP imbalances.

detoriorate NX and shift the IS curve to the right.

improve NX and shift the IS curve to the right.

improve NX and shift the IS curve to the left.

detoriorate NX and shift the IS curve to the left.

keep NX stable and no shift in the IS curve

Gold was used as a decoration to signify economic prosperity.

Gold played a key role, with countries defining their currencies in terms of gold, leading to stable exchange rates and international trade expansion.

Gold was considered invaluable and was not used in international payments.

The use of gold led to significant inflation across major economies.

Gold was completely replaced by silver due to its scarcity.

To decrease inflation

To reduce exports

To quickly reach full employment level

To increase interest rates

To stabilize exchange rates

By directly increasing the country's exports and reducing imports, thus stabilizing the BOP.

Through a decrease in domestic production and income, leading to reduced demand for foreign goods.

By causing individuals to spend excess money balances on domestic goods only, without affecting the BOP.

By leading to increased purchases of foreign goods and assets, creating a debit in the current and capital accounts, and increasing demand for foreign currency.

Through an automatic increase in foreign investment inflows, compensating for the excess money supply without affecting the BOP.

A country cannot use discretionary monetary policy to stabilize its economy under fixed exchange rates without affecting the balance of payments.

Countries can freely use expansionary monetary policy to boost economic growth without affecting the balance of payments.

Nations have complete autonomy over their domestic money supply without any impact on their balance of payments equilibrium.

Fixed exchange rate regimes allow for aggressive monetary policies to combat inflation without repercussions.

Capital controls and fiscal policy are ineffective tools for stabilizing the economy under fixed exchange rates.

Goal independence

Financial independence

Institutional independence

Functional independence

Legal independence

It increases real money supply and shifts the LM curve downward.

It does not affect the real money supply or the LM curve.

It decreases real money supply unless the monetary authority increases the money supply, shifting the LM curve upward.

It increases real money supply and does not affect the LM curve's position.

It decreases real money supply and shifts the LM curve downward.

Aggregate Supply (AS) curve 

Aggregate Demand (AD) curve 

Liquidity-Money (LM) curve

Investment-Saving (IS) curve

Balance of Payment (BP) curve

The exchange rate fluctuates without the central bank trying to control or prevent a change in its value.

The exchange rate is fixed by international treaties.

The central bank actively manages the exchange rate through interventions.

Exchange rates are adjusted according to predetermined rules.

Currency values are pegged to a stable foreign currency or a basket of currencies.

Expansionary fiscal policy

Contractionary fiscal policy

Expansionary monetary policy

Wage policy

Trade policy

-6%

-5%

-4%

-3%

-2%

-5%

-4%

-3%

-2%

98 % of world trade is carried out by the WTO members.

It is founded in 1995, Geneva, due to Uruguay Round Negotiations.

It currently has 164 members

Its predecessor was the United Nations Trade and Tariffs Declaration.

Beside merchandise, service and intellectual property trade are also included.

Only I

I and II

Only II

II and III

I, II and III

Consumption expenditures

Investment expenditures

Government expenditures

Exports and imports

Taxes

Major component of current account is net exports.

Trade balance means balance on goods and services.

If imports exceed exports, it is called trade surplus.

If exports are less than imports, it is called as deficit.

The balance on goods and services may exceed the amount of the current account balance in net income payments

It is the oldest financial market.

London and New York are the two of the major financial centres in the world.

Its function is to transfer purchasing power from one to another.

Letters of credit and banker’s acceptance are useful methods in foreign exchange market.

It hasn’t any option as insuring against foreign exchange risks.

Trade volume of goods.

Exchange of tangible goods.

Real transactions.

Monetary transactions.

Exchange of tangible services