Deneme Sınavı Soruları

Free capital mobility, independent monetary policy, and fixed exchange rate policy cannot all be implemented simultaneously in an economy.

An economy can simultaneously achieve high employment, low inflation, and sustainable economic growth.

A central bank can target inflation, unemployment, and exchange rates simultaneously without any trade-offs.

Governments can impose capital controls, maintain a fixed exchange rate, and pursue an expansionary fiscal policy without constraints.

An economy can control both its interest rates and exchange rates freely while maintaining completely open capital accounts.

postively sloped

negatively sloped

parallel to horizontal axis 

parallel to vertical axis 

vertical

Always results in an external surplus.

Leads to a constant interest rate and no effect on capital flows.

Results in a decrease in national income and reduced imports.

Depends on whether the current account deficit or the capital and financial account surplus dominates.

Fscal policy has no impact on the external balance.

horizontally

negatively sloped

positively sloped

vertically

parallel to the horizontal axis

the IS curve shifts to the right and NX improves

the IS curve shifts to the right and NX deteriorates

the IS curve shifts to the left and NX improves

the IS curve keep stable and NX balanced

FED

ECB

SNB

BOE

BoJ

The degree of capital mobility in the economy

The interest rate elasticity of investments

The rate of inflation within the country

The income elasticity of consumption

The wage level

It facilitated unlimited production of gold and silver.

It allowed for flexible exchange rates among currencies.

It kept the money supply under control due to the limited supply of gold and silver.

It encouraged the widespread use of digital currencies.

It eliminated the need for central banks.

contractionary - expansionary

contractionary - contractionary

expansionary - expansionary

expansionary - contractionary

contractionary - no policy response

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 system where the exchange rate fluctuates based on market trends.

A regime that allows for periodic adjustments based on economic indicators.

A policy where the exchange rate is determined by international agreements.

The monetary authorities officially set the country’s exchange rate at a predetermined value that is not allowed to change.

An approach that ties the currency value to a basket of foreign currencies, allowing for minor adjustments.

The IS curve shifts rightward, indicating improved trade balance.

Both BP and LM curves shift leftward, requiring higher interest rates to achieve external balance.

Aggregate demand decreases without any shifts in the IS, LM, or BP curves.

The monetary authority decreases the money supply.

The AD curve shifts leftward due to decreased exports.

The establishment of the European Monetary System in 1979.

The introduction of special drawing rights (SDRs) by the IMF in 1969.

The decision by the US in 1971 to end the convertibility of the dollar into gold.

The creation of the European Currency Unit (ECU) to stabilize European economies.

The global adoption of the gold exchange standard in the early 1900s.

Only I

I and II

Only II

I and III

Only III

Payments inward to a country

Exports of financial inflows

Payments outward from the country

Exports of interest

Exports of goods and services.

In the 1980s, manufacturing export was concentrated in low-technology products.

China’s accession to the World Trade Organisation provided Türkiye to have more competitive power in the labor- intensive products.

The share of medium and medium-high technology sectors has increased from 20 percent in the mid-1990s to more than 30 percent today.

Türkiye mainly imports intermediate goods of all imports.

Covid-19 pandemic has caused a record rate of decline in the volume of exports in Türkiye.

It requires international borrowing.

The financial account must be in surplus.

A debtor country’s indebtedness decreases.

The creditor country’s lending to foreigners reduces.

If the country is already a net creditor, the surplus of financial account represents a decline in international lending.

The OPEC Oil Price Crisis- The Russian Crisis- The Great Depression

The Turkish Crisis- Global Finance Crisis- The European Debt Crisis

The Sues Crisis- The Great Depression- The OPEC Oil Price Crisis

Latin American Debt Crisis- Dot com bubble- International Debt Crisis

The Russian Financial Crisis- The European Debt Crisis- Global Financial Crisis

Arbitrage

Hedging

Speculation

Spot

Swap

Amount of the disposal income after consumption

Amount of the current account balance of income

Difference between government spending and total consumption

Difference between government saving and net tax revenue

Difference between national saving and net trade balance