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Labor Economıcs (ENG)

Deneme Sınavı Soruları

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  1. 1

    In a particular industry, labor supply is given by: E=100+3w; while labor demand is given by: E=300-2w. 

    Suppose the government sets a minimum hourly wage of 50 TL. What is number of unemployed individuals?

  2. 2

    Which one of the following is a Leontief type production function?

  3. 3

    Which of the following statements about the figure is incorrect?

  4. 4

     I. Workers

    II. Firms

    III. Unions

    IV. Regulations

    V. International labor Organization (ILO)

    Which of the followings are considered as the main economic actors in labor markets?

  5. 5

    I. They have only one objective (profit maximization)

    II. They ae rational

    III. It's impossible for them to know all the techniques that form a production function 

    Which of the above assumptions about private firms within the scope of the production function is/are incorrect?

  6. 6

    In a particular industry, labor supply is given by: E=200+4w; while labor demandisgiven by: E=500-6w. 

    What is the equilibrium wage and employment if the labor market is competitive?

  7. 7

    I. Labor market programs

    II. Policies

    III. Law

    IV. regulations

    Which of above policies does give the government to intervene the labor market outcomes?

  8. 8

    _______________________ is the absolute value of the slope of an indifference curve and shows how much an individual has to give up of a consumption good in order to consume more of the other good (or leisure time) without changing the level of utility.

    Which of the following correctly fills in the blank in the above sentence?

  9. 9

    What is the rate of informal unemployment in Türkiye by 2021?

  10. 10

    It is the link between output and all inputs, including labor, and it defines the maximum quantity of output as a function of a given set of inputs. It is the key to understanding the demand for labor and is a function that represents the maximum quantity of output a firm can produce given a certain quantity of input(s).

    Which of the following is the concept described above?

  11. 11

    Ali is not working for a while. He would like to work but he is no longer looking for work because he has lost lost hope of finding work. 

    How is this person classified?

  12. 12

    I. At higher levels of the consumption good and low levels of leisure, the individual’s indifference curves are flatter

    II. High levels of leisure and low levels of the consumption good, the indifference curves are steep

    III. Individuals with a stronger preference for consumption have flatter indifference curves

    IV. Individuals who enjoy their leisure time more than the consumption good will have steeper indifference curves

    According to the Neoclassical Model of Labour-Leisure Choice, which of the above information is correct?

  13. 13

    Which of the following is the slope of the indifference curve?

  14. 14

    This surveys is the primary data source for official national statistics on the labor market. It includes thousands of individual observations at a point in time. In thiş information is solicited on personal characteristics such as age, education, and marital status, as well as labor market outcomes that include whether the individual is employed or unemployed, hours of work, the type of occupation held, status in employment, earnings from employment, and the like.

    Which of the following is the data source used by labour economics described above?

  15. 15

    Which of the following senteces is incorrect?

  16. 16

    I. Informal labor has a large share in total employment in developed countries

    II. Informal labor refers to those employees who are not registered in any social security organization

    III. The wage rate is the price of labor per unit of time or output, usually as negotiated between workers and employers

    Which of the information given above is correct?

  17. 17

    Which of the following play a key role in both in terms of a firm’s hiring decision and a person’s working decision?

  18. 18

    I. Cash payments

    II. Free meals

    III. Subsidized child care services

    IV. Paid sick or maternity/paternity leave

    Which one of the options mentioned above could be considered as a form of wage payment to the workers?

  19. 19

    Suppose that a firm employes 20 workers and each workers works 7 hours per day. Please find the quantity of labor.

  20. 20

    I. Indifference curves associated with a utility function are downward sloping,

    II. Higher indifference curves indicate lower levels of utility

    III. Indifference curves do not intersect

    IV. Indifference curves are convex to the origin

    Which of the sentences given above are correct?

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