Which of the following suggests that “ each supply creates its own demand ”?
Doğru Cevap!
Yanlış Cevap!
Doğru Cevap: D) Say’s Law
What refers to the portion of consumption expenditures that is independent of income?
Doğru Cevap: C) Autonomous consumption
According the macroeconomic equilibrium concept, which of the following plays a key role for the determination of production and income level of a country?
Doğru Cevap: C) Aggregate expenditures
The total value of all final (finished) goods and services produced and expressed with market prices in a specific period of time is called ________.
Doğru Cevap: E) gross domestic product
Which of the following is not in the transfer expenditures categories?
Doğru Cevap: C) Production payments
In an economy with marginal propensities to save and to import are 0.20 and 0.05, respectively, what is the necessary increase in taxes in order to create a 300-lira decrease in income?
Doğru Cevap: B) 100
Which of the following is not one of the factors determining the import and export?
Doğru Cevap: A) Inflation rates
What happens when the economy reaches an equilibrium above its full employment level of GDP, occurs?
Doğru Cevap: A) the inflationary gap
What should be the direction of fiscal policy when the inflationary gap in the economy is wanted to be eliminated by using aggregate expenditure function?
Doğru Cevap: B) Contractionary
What do expenditures of each economic unit create for the other economic units?
Doğru Cevap: B) income
Which of the following is not affected by the amount of money in an economy?
Doğru Cevap: C) expenditure
To calculate the total change in income or GDP, what should be known?
Doğru Cevap: E) The ratio of unspent income increase
Macroeconomics focuses on behaviors of four groups in an economy. Which of the following is not one of those groups?
Doğru Cevap: E) schools
________ is the period started in 1929 and lasted through 1930s in which a huge economic contraction and very high level of unemployment were experienced.
Doğru Cevap: A) Great Depression
What was experienced in the Great Depression period?
Doğru Cevap: D) Unemployment level was high
Which of the following is true about unplanned stock changes?
Doğru Cevap: D) There is too much production in the previous period.
How does an increase in government expenditures affect the aggregate expenditure (AE) function?
Doğru Cevap: C) An upward shift of the AE function as a whole
Which of the following does not affect planned investments?
Doğru Cevap: A) Stock changes
What is it called when aggregate demand is equal to aggregate supply?
Doğru Cevap: D) Effective aggregate demand
Which of the following is not an automatic stabilizer?
Doğru Cevap: B) Salaries in private sector