Introductıon to Economıcs II (ENG) — 2023-2024 Dönem Sonu Çıkmış Sınav

1. Expansionary fiscal policy is the fiscal policy that aims to raise aggregate expenditures by government spending and/or----- taxes. Which of the following completes the sentence above? A) increasing - increasing B) increasing - decreasing orular.net C) decreasing - decreasing D) decreasing - Increasing E) decreasing - unchanging

2. "- function of money means that it is the common measurement unit in quantifying the value of goods and services." Which of the following completes sentence above? A) Unit of account B) Store of value C) Medium of exchange D) Purchasing power E) Exchanging parity

3. Which of the following is one of the tools that are used as an expenditure-changing policy? A) Open market operations B) Trade restrictions Foreign exchange controls D) Revaluation ne E) Devaluation

4. Which of the following correctly defines the calculation of National Income (NI) from Gross Domestic Product (GDP)? A) GDP - Net Factor Income + Amortizations - Indirect Taxes B) GDP + Net Factor Income - Amortizations - Indirect Taxes C) GDP + Net Factor Income + Amortizations + Indirect Taxes D) GDP - (Net Factor Income - Amortizations - Indirect Taxes) E) GDP - Net factor Income — Amortizations + Indirect Taxes

5. Which of the following is a vital and necessary (but not sufficient) condition for economic development? A) Monetary expansion B) Population growth C) Economic growth D) Fiscal discipline E) Counter cyclical interest rates