Seçmeli Ara Sınav - Introduction to Economics 2

Soru 1:

The coefficient that determines the effect of a change in taxes on the level of income is called ________.

A) fiscal equable B) marginal propensity C) income changer D) tax multiplier E) aggregate multiplier

Soru 2:

Economists started to discuss the topics about macroeconomics as a result of economic events during the Great Depression. When did the Great Depression take place?

A) in the 1960s B) in the 1940s C) in the 1950s D) in the 1930s E) in the 1970s

Soru 3:

Which of the following is defined as the factors that cause autonomous components of aggregate expenditures to reduce?

A) Exports B) Demands C) Savings D) Injections E) Leakages

Soru 4:

In order to obtain the value of then net national product from the gross national product, which of the following addition or subtraction is required?

A) Subtraction of the total value of amortizations B) Subtraction of the total value of indirect taxes C) Subtraction of the total value of direct taxes D) Addition of the total value of direct and indirect taxes E) Addition of the total value of transfer payments

Soru 5:

Which of the following institutions does not spend money from a budget allocated for public expenditures?

A) Funds B) Floating capital institutions C) Social security institutions D) Local administrations E) Small scale private companies

Soru 6:

What refers to the relationship between income level and saving?

A) Saving function B) Negative saving C) Autonomous consumption D) Marginal propensity to save E) Average propensity to consume

Soru 7:

Which of the following is not among the factors that affect consumption expenditures?

A) Expected profit B) Wealth C) Price expectations D) Demographic factors E) Disposable income

Soru 8:

Which of the following is not one group of transfer expenditures?

A) Economic transfers B) Financial transfers C) Interest tranfers D) Social transfers E) Debt payments

Soru 9:

If public sector and balance of foreign tade gives budget deficit, it is called _______.

A) balanced deficit B) double deficit C) twin deficit D) planned deficit E) structural deficit

Soru 10:

What does any change in taxes affect inversely via tax multiplier?

A) Financial transfers B) Interest rates C) Output D) Income E) Debt payments

Soru 11:

Which of the following types of unemployment will result from the use of capital-intensive techniques in a field where labor-intensive production methods have been applied for a long-time?

A) Hidden unemployment B) Frictional unemployment C) Cyclical unemployment D) Technological unemployment E) Seasonal unemployment

Soru 12:

Which of the following expresses the increase in the production capacity of the economy?

A) Inflation B) Economic growth C) Business cycle D) Recession E) Interest rate

Soru 13:

When a part of consumption is independent of the income it is called _______.

A) autonomous consumption B) saving function C) marginal propensity to consume D) disposable income E) planned inventory investment

Soru 14:

According to below chart, which assumption is made regarding the investment expenditures (I)?

A) Investment expenditures are not affected by income B) Investment expenditures are not affected by interest rate C) Investment expenditures are not affected by technological improvements D) Investment expenditures are not affected by capacity utilization E) Investment expenditures are constant

Soru 15:

In which model in the equilibrium approach, the economy is in constant balance?

A) Macroeconomic B) Keynesian C) Classical D) Microeconomic E) Expenditure

Soru 16:

Which of the following does microeconomics analyze?

A) Relationships among variables B) Price of all goods C) How markets operate D) How services are produced E) Demand for all goods

Soru 17:

Which of the following figures should be used to indicate the effect of an increase in autonomous taxes on aggregate expenditures?

A) B) C) D)

Soru 18:

What happens if the planned expenditure is greater than the value of current production?

A) production will increase B) production will decrease C) production remains the same D) stocks increase E) GDP decreases

Soru 19:

Which of the following creates the multiplier effect?

A) Decrease in income B) Decrease in public expenditures C) Increase in savings D) Increase in consumption expenditures E) Decrease in taxes

Soru 20:

If a government wants to increase aggregate expenditures, which of the following does it need to apply?

A) Aggregate fiscal policy B) Flexible fiscal policy C) Expansionary fiscal policy D) Contractionary fiscal policy E) Contractionary fiscal policy