Introductıon to Economıcs II (ENG) — 2021-2022 Dönem Sonu Çıkmış Sınav

1. Who is the author of the famous book entitled "The Wealth of Nations"? A) Cecil Pigou B) John Maynard Keynes C) Milton Friedman D) Alfred Marshall E) Adam Smith

2. What is the reason for demanding money for speculative purpose? A) Existence of spending with non-increasing at a steady rate B) Willingness to cover unexpected expenses Expansion of expenses due to continuous increase in income D) Unmatched periods of income and spending E) Uncertainty about the value of other financial assets

3. Which of the following will shift aggregate supply curve to the right? A) Low wage level B) No renewal of worn-out capital goods C) Natural disasters Increase in fees E) Bad weather conditions

4. "According the macroeconomic equilibrium concept, - play key role for the determination of production." Which of the following correctly completes the sentence above? A) production function ..ne B) negative slopes C) the slope of the other functions D) marginal propensities E) aggregate expenditures

5. Which of the following is the power that gives a central bank the function of being the lender of last resort? A) Mediating the clearing of checks B) Monopolistic power on printing money C) Supervising the financial system D) Performing banking transactions for the government E) Holding banking system's reserves