Aof Panel

Soru 1

I. Economic units exchange goods and services on hand with money, and use this money to buy goods and services they want.

II. Barter is the exchange of goods or services for another by using any medium of exchange.

III. Money, as a unit of account, is a common measurement unit in quantifying the value of goods and services.

What can be said to be true about the function of money?

Soru 2

Which of the given official money stock definitions is true?

Soru 3

What is the banking practice in which banks hold less reserves than their total liabilities?

Soru 4

What is Gresham’s Law?

Soru 5

I. Evolution of money can be reviewed in two basic categories as commodity money and fiat money.

II. In a modern economy, money splits into three types; coins, banknotes and demand deposits.

III. CBRT issues data related to alternative money stock definitions known as M0, M1, and M2.

Which of the statements can be said to be true about the evolution of money?

Soru 6

For an economy the monetary value of the production (P x Y) of this economy is 2.500 TL, the quantity of money to pay for final goods and services in this economy is 500 TL what is the velocity?

Soru 7

I. Equation of exchange is an identity showing that the multiplication of amount of in an economy with velocity of money will be equal to nominal income.

II. By assuming a constant velocity, classical economists insist that any change in the quantity of money affects only prices with same direction and the same rate.

III. Any change in the quantity of money will affect the investments via its effect on interest rate and then investment changes affect nominal income.

What can be said to be true about classical economists' explanation of the relationship between the quantity of money and economic activities?

Soru 8

I. The factors determining the amount of money that economic units would like to hold are nominal income and interest rate.

II. Keynesian economists accept that money is neutral; that is, it has no effect on the volume of output in the economy.

III. While nominal income is directly related with money demand, interest rate affects the demand for money inversely.

What can be said to be true about Keynesian economists explanation of the relationship between the quantity of money and economic activities?

Soru 9

I. Ensuring and Maintaining Stability in Money Markets

II. Serving as a Medium of Exchange

III. Serving as the Banker for Banks and as the Lender of Last Resort

Which of the given functions is the central bank's function?

Soru 10

What is the ratio that is determined by central bank and indicates the quantity of reserves that banking system holds against their liabilities?

Soru 11

"Barter........."

Which of the following best completes the sentence above?

Soru 12

"Fiat money..........."

Which of the following most appropriately completes the sentence above?

Soru 13

"Near money................."

Which of the following most appropriately completes the sentence above?

Soru 14

Which of the following is true about "deposit money"?

Soru 15

Which of the following is true about "Money demand"?

Soru 16

Which of the following is not true about "income"?

Soru 17

Which of the following is true about "Velocity of money"?

Soru 18

Which of the following is a function of the central bank?

Soru 19

Which of the following is true about the "Discount rate"?

Soru 20

Where was the first banknote used?

İKTİSADA GİRİŞ II