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Labor Economıcs (ENG)

Deneme Sınavı Soruları

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  1. 1

    When we first analyze the labor market equilibrium, which of the following market structure is assumed for labor markets?

  2. 2

    The marginal product of labor is 30, marginal product of capital is 15, and the  price of the labor (w) is 6. Which one of the fallowing equals price of the capital?

  3. 3

    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?

  4. 4

    I. According to the official statistics, union density in Türkiye is high

    II. Unions can increase labor demand by increasing labor productivity

    III. Unions may increase labor demand by increasing demand for the goods they produce via lobbying

    Which of the sentences given above is true about unions?

  5. 5

    Which one of the following will cause an upward shift in the labor demand curve?

  6. 6

    I. Labor market programs

    II. Policies

    III. Law

    IV. regulations

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

  7. 7

    I. A rightward movement occurs along the labour supply curve.

    II. A rightward movement occurs along the demand curve.

    III. The quantity demanded falls and leftward movement occurs along the labor demand curve.

    Which of the following will happen if wages increase?

  8. 8

    Which of the following statements about the figure is incorrect?

  9. 9

    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?

  10. 10

    The demand for labor at the industry level will increase from 5000 to 6500 workers in response to a decline in the wage rate from 40 TL to 35 TL. What is the short run elasticity of labor demand?

  11. 11

    The labor market is perhaps the most important among all the factor markets. Because, _________________________________.

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

  12. 12

    On which of the following principle, rational agent will allocate his/her time between leisure activities and work?

  13. 13

    Why of the following is not taken into account by individuals to solve the time allocation problem?

  14. 14

    The wage rate at which demand equals supply is ______________________.

    Which one of the following options correctly fills in the blank?

  15. 15

    Assume the nominal wage is 7,750 TL for 2024 and the price index is 110.

    Using the information given above, calculate the real wage in 2024.

  16. 16

    I. Workers

    II. Government

    III. Students

    IV. Employers

    Which of the following is one of the main actors in the labor market?

  17. 17

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

  18. 18

    Suppose that the wage rate changes, holding the non-wage income constant. If the wage rate increases, how does the budget line change?

  19. 19

    In 1992, under the Süleyman Demirel government, with the law no. 3774, the retirement age for men and women in Turkey was reduced to which ages?

  20. 20

    I. There are many workers and they are homogenous

    II. Neither firms nor workers have the market power to determine the wage, they are wage-takers

    III. Workers and firms have perfect information

    IV. Workers are completely mobile across firms

    Which of the statements mentioned above are considered as assumptions about a labor market that operates under perfect competition?

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