In an economy with marginal propensities to save and to import are 0.30 and 0.20, respectively, what is the net effect of 250-lira increase in government expenditures and taxes on income?
Doğru Cevap!
Yanlış Cevap!
Doğru Cevap: C) 250
When calculating GDP, which of the following is not included?
Doğru Cevap: D) Interest payments in the economy
Which of the followings are not among the issues defined by macroeconomics?
Doğru Cevap: C) consumer behavior
…………… are the factors that cause autonomous components of aggregate expenditures to reduce. Which word below best completes the definition above?
Doğru Cevap: A) Leakages
What is the name of the situation at which increasing saving reduces the consumption expenditures and, consequently, the income?
Doğru Cevap: D) Saving Paradox
Which of the following is the primary automatic stabilizer?
Doğru Cevap: E) Income tax
Which of the following is true for mercantilism?
Doğru Cevap: C) It is a socialist view
If the marginal propensities to save and import are 0.40 and 0.10, respectively, what is the value of tax multiplier?
Doğru Cevap: B) -1
Based on the aggregate expenditure function in the chart, at an income level of 600 liras, what is the relationship among planned expenditures, income and stocks?
Doğru Cevap: A) Since planned aggregate expenditures are greater than income, stocks decrease
Which of the followings states that each supply creates its own demand?
Doğru Cevap: C) Say’s Law
Which of the following is defined as the portion of consumption expenditures that is independent of income?
Doğru Cevap: D) Consumption function
Which one shows the economic performance of a country accurately?
Doğru Cevap: C) National income
What should be the direction of fiscal policy when deflationary gap in the economy is wanted to be eliminated by using aggregate expenditure function?
Doğru Cevap: C) Expansionary
The amount of goods and services that are desired to be produced in the economy is called ________.
Doğru Cevap: E) aggregate supply
Which of the following is defined as the factors that cause autonomous components of aggregate expenditures to reduce?
Doğru Cevap: E) Leakages
Which of the following represents the sum of the income generated by the production factors?
What refers to the ratio of change in import to change in income?
Doğru Cevap: E) Marginal propensity to import
What happens when the economy reaches an equilibrium below its full employment level of GDP, occurs?
Doğru Cevap: D) the deflationary gap
What refers to the part of the expenditure that exceeds the income?
Doğru Cevap: B) Negative saving
What is the level of income at which planned aggregate expenditures are equal to GDP?
Doğru Cevap: E) Equilibrium level of GDP