Soal No. 1 - 24 http://elearning.ut.ac.id/lm/viewer/temp/1488442355/soal_no_1__24.

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Soal No. 1 - 24

Pilihlah Jawaban yang Benar

Pertanyaan ke-1

A country has ..….. when it can produce something more

efficiently than another country.

a. absolute advantage

b. balance of payment

c. asset

d. bankruptcy

Right, absolute advantage is the key.

Pertanyaan ke-2

An economic system exists to distribute these resources, and an

efficient economic system is one that allocates them best is
called ….

a. absolute advantage

b. allocation of resources

c. aggregate demand

d. antitrust

Right, allocation of resources is the key.

Pertanyaan ke-3

A rise in the price of a currency relative to other currency is called

....

a. arbitrage

b. asset

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c. antitrust

d. appreciation

Right , appreciation is the key.

Pertanyaan ke-4

… involves a complex set of activities, including foreign

exchange operations which are mostly monotonous.

a. Balance of payments

b. Balance sheet

c. Bank failure

d. Bankruptcy

Good, balance of payments is the key.

Pertanyaan ke-5

.... is a technical term for the ups and downs in the economic
growth rate.

a. Balance of payment

b. Business cycle

c. Bank failure

d. Balance sheet

Very good, business cycle is the key.

Pertanyaan ke-6

The net addition to the capital stock in a given period is called …

a. capital market

b. human capital

c. capital formation

d. capital

Excellent, capital formation is the key.

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Pertanyaan ke-7
... is a handy Latin phrase meaning all other things being equal.

a. Credit

b. Credit crunch

c. Comparative advantage

d. Ceteris paribus

Good, the key is ceteris paribus.

Pertanyaan ke-8

The idea that people purchase things primarily to impress their

neighbours is …....

a. conspicuous consumption

b. consumer goods

c. consumer price index

d. consumer sovereignty

Right, the key is conspicuous consumption.

Pertanyaan ke-9

When economic growth turns steeply for a prolonged period it is

called ....

a. devaluation

b. depreciation

c.disinflation

d. depression

Very good, the key is depreciation.

Pertanyaan ke-10
.... is a rather inelegant name for the practice of selling products abroad at
cheaper prices than they are sold at home.
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a. Disinflation

b. Disequilibrium

c. Dumping

d. Dissaving

Good, dumping is a rather inelegant for the practice of selling

products abroad at cheaper prices than they are sold at home
saving.

Pertanyaan ke-11
A heavy – duty principle of economics. It states that the continued
addition of one factor of production –land, labor, or capital– when
the other two are held constant, will eventually lead to less and less
additional production. This is called …

a. disequilibrium

b. depreciation

c. disinflation

d. depression

Excellent, depreciation is the key.

Pertanyaan ke-12
.... is a seemingly blissful situation created by the Federal Reserve
Bank to reduce interest rates by expanding the amount of credit
available.

a. Easy money

b. Economic efficiency

c. Economic indicators

d. Equilibrium

Congratulations, easy money is the key.

Pertanyaan ke-13
A condition that is achieved when resources are used without undue
waste, cost and effort is ....

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a. econometrics

b. easy money

c. economic efficiency

d. economic indicators

Yes, economic efficiency is the key.

Pertanyaan ke-14
.... is a measurement of the responsiveness of one variable to
changes in another.

a. Economic efficiency

b. Econometrics

c. Elasticity

d. Economic indicators

Yes, elasticity is the key.

Pertanyaan ke-15
.... is a side effect, or spillover, from an activity that does not
naturally have a market price.

a. Entrepreneur

b. Expectations

c. Elasticity

d. Externality

Excellent, externality is the key.

Pertanyaan ke-16
A resource that is used to produce goods and services is …

a. final goods and services

b. financial intermediary

c. fine tuning

d. factor of production

Very good, factor of production is the key.

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Pertanyaan ke-17
.… is an institution that links savers with borrowers.

a. Fine tuning

b. Financial intermediaries

c. Firm

d. Federal Reserve Bank

Yes, financial intermediaries is the key.

Pertanyaan ke-18
A situation in which government not interfere with the international
exchange of goods is called ....

a. full employment

b. final food and services

c. free trade

d. foreign exchange market

Right , free trade is a situation in which governments do not

interfere with the international exchange of goods.

Pertanyaan ke-19
.... is international rules of good behaviour on trading matters.

a. GATT

b. Gentlemen’s agreement

c. Game theory

d. General equilibrium

This is the key. GATT is general agreement on tariffs and trade.

International rules of good behaviour on trading matters.

Pertanyaan ke-20
Protecting oneself against loss due prices changes, especially by
buying at a fixed price for future delivery is called ....

a. handling charge

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b. hire purchase

c. hard currency

d. hedging

Yes, hedging is the key.

Pertanyaan ke-21
… is money moved around quickly and or regularly by its owners
into countries, or investment, e.g. to get the highest interest rates.

a. Hire purchase

b. Hot money

c. Hedging

d. Hard currency

Yes, hot money is the key.

Pertanyaan ke-22
Method of changing process for goods and services by linking them
to changes in the rate of inflation is called ....

a. indexation

b. inflation

c. inferior good

d. investment

Excellent. Indexation is the key.

Pertanyaan ke-23
… is when economic policy takes the form of moral exhortation
or persuasion.

a. Invisible hand

b. Inventory

c. Jawboning

d. Incentive

Yes, jawboning is the key.

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Pertanyaan ke-24
The process of giving feedback in their performance of a task is …

a. key result area

b. Kelly repertory grid

c. key individuals

d. knowledge of results

Good. Knowledge of results is the key.

« Sebelumnya | Lanjut »

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Soal No. 25 - 41

Pilihlah Jawaban yang Benar

Pertanyaan ke-25
One of the group of measures of the country’s economic health
prepared by the Department of Commerce is …

a. laissez-faire

b. lagging indicators

c. Laffer curve

d. leading indicators

Peninggalan di bidang pertanian adalah tumbuhnya daerah

pertanian yang luas yang kerap disebut dengan Villas. Setiap
daerah pertanian ini dikuasai oleh seorang bangsawan ketrurunan
Roma dan memiliki banyak pekerja. Biasanya villas ini letaknya
tidak jauh dari kota dan didukung dengan sarana Very good.
Leading indicators is one of the group of measures of the country’s
economic health prepared by the Commerce Department.

Pertanyaan ke-26
….. is a formal way of designing a debt.

a. Liquidity

b. Labor theory of value

c. Inability

d. Labour

Excellent, the key is liability.

Pertanyaan ke-27
When the Fed decides to make credit readily available to
borrowers, it increases the supply of money is called …

a. long run

b. loose money

c. market

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d. mixed economy

Right, loose money is the key.

Pertanyaan ke-28
The study of how small changes – increases and decreases – in the
total amount of one variable affect one or more related variables is
called ....

a. macroeconomics

b. mercantalism

c. marginal analysis

d. microeconomics

Yes, the key is marginal analysis

Pertanyaan ke-29
…. is a market with a one buyer.

a. Monopsony

b. Monopoly

c. Money supply

d. Money illusion

Good, monopsony is the key.

Pertanyaan ke-30
.... is a shorthand way of capturing a complicated process by which
changes in spending affect the level of national income.

a. Monetarism

b. Multiplier

c. Mixed economy

d. Multinational corporation

Very good, the key is multiplier.

Pertanyaan ke-31
.... is another way of saying gross national product.

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a. Nationalisation

b. Net worth

c. National debt

d. National income

Excellent. National income is the key.

Pertanyaan ke-32
.... is gross national product minus depreciation.

a. National debt

b. Net national product

c. Net worth

d. National income

Good, the key is net national product.

Pertanyaan ke-33
A way of competing for buyers without lowering prices is called ....

a. neoclassical economics

b. new classical

c. nonprice competition

d. normative economics

Very good, nonprice competition is the key.

Pertanyaan ke-34
.... is a situation in which a few sellers can control or dominate a
market

a. Open market operations

b. Oligopoly

c. Opportunity cost

d. Profit

Yes, oligopoly is the key.

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Pertanyaan ke-35
.... is one that avoids the price mechanism as the main way to
allocate resources.

a. Price system

b. Private sector

c. Productivity

d. Planned economy

Excellent, planned economy is the key.

Pertanyaan ke-36
Any extra revenue, after costs have been taken care of that
temporarily accrues to a factor of production is ....

a. quantity theory of money

b. quasy-rent

c. quota

d. radical economics

Good, quasy-rent is the key.

Pertanyaan ke-37
A school of thought that describes how people respond to economic
events is called ....

a. reaganomics

b. national expectations

c. real

d. recession

Good, national expectations is the key.

Pertanyaan ke-38
.... is fiddling with data that are collected over time.

a. Satisficing

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b. Say’s law

c. Seasonal adjustment

d. Service economy

Very good, seasonal adjustment is the key.

Pertanyaan ke-39
…. improves the welfare society.

a. Social benefit

b. Social cost

c. Socialism

d. Stagflation

Right. Social benefit is the key.

Pertanyaan ke-40
… is a term capturing the way prices are set in a free market.

a. Supply shock

b. Supply and demand

c. Subsidy

d. Supply –side economics

Yes, the key is supply and demand.

Pertanyaan ke-41
Taxes imposed on imports are called …

a. tariffs

b. tax equity

c. tax incidence

d. tax expenditure

Absolutely right. Tariffs is the key.

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Soal No. 42 - 45

Pilihlah Jawaban yang Benar

Pertanyaan ke-42
Workpersonlike word to describe the ineffable – the pleasure or
fulfillment that people derive from consuming a good or a service.

a. union

b. unemployment

c. terms of trade

d. utility

Yes, utility is the key.

Pertanyaan ke-43
.... is the difference between the value of a firm’s output and the
value of the input purchased in order to produce.

a. Tight money

b. Value-added taxes

c. Barter

d. Deficit spending

Good, the key is value-added taxes

Pertanyaan ke-44
Rather imprecise term to describe any unexpected increase in
income received by individuals or firms is called ...

a. world bank

b. protectionism

c. windfall profits

d. welfare state

Very good, windfall profits is the key.

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Pertanyaan ke-45
… is an element of game theory where one person’s gain is
another person’s loss.

a. Recession

b. Council of economic advisers

c. Returns to scale

d. Zero-sum game

You’re right., zero-sum game (the key)

« Sebelumnya

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