KÖZGAZDASÁGI- MARKETING ALAPISMERETEK ANGOL NYELVEN

Átírás

1 ÉRETTSÉGI VIZSGA május 13. KÖZGAZDASÁGI- MARKETING ALAPISMERETEK ANGOL NYELVEN KÖZÉPSZINTŰ ÍRÁSBELI VIZSGA május 13. 8:00 Az írásbeli vizsga időtartama: 180 perc Pótlapok száma Tisztázati Piszkozati NEMZETI ERŐFORRÁS MINISZTÉRIUM Közgazdasági-marketing alapismeretek angol nyelven középszint írásbeli vizsga 1021

2 Important information The examination is composed of the following question types: Test questions I. Multiple choice questions Indicate the correct answer by underlining or correctly completing the sentence. Only one answer will be accepted. If your indications are unclear, you will not get any points. II. III. True-False questions, with explanations Please indicate your decision by writing the letters T (true) or F (false) in front of the statements. All answers must be explained. Definitions Define briefly, in 3-4 lines, the concepts and economic phenomena listed Calculation and geometrical questions In the case of calculation questions, indicating end-results only will not be sufficient; all calculations and applied formulas must also be indicated on the work sheet. Please use a ruler to draw precise diagrams. Pencils may be used to draw up diagrams, the final solution, however; has to be finalized with pen. You may use a non-programmable calculator during the written examination. Make sure you manage the time available well; write legibly and attempt to convey your thoughts clearly and coherently. Good luck with your examination! írásbeli vizsga / május 13.

3 TEST QUESTIONS I. Multiple choice questions 10 x 1 = 10 points Underline the correct answer. 1. Scarcity is when a. resources are not available in unlimited quantities. b. no one in the economy has enough money. c. when the area available is too small to create the optimal business size. 2. The price elasticity of demand expresses how a. the price changes if the quantity in demand increases. b. the quantity in demand changes if the price changes by 1%. c. consumer income changes if the price changes. 3. Average cost expresses a. the change of total cost for the change of the quantity of a given product. b. the size of total cost for one product. c. the size of variable cost for one product. 4. The optimal production quantity required for profit maximization is a. where marginal cost is equal to marginal income. b. where the difference between the price and the average cost is the greatest possible. c. whatever the entrepreneur selects. 5. Economic efficiency means that from all technically efficient processes a. we select the one that incurs the lowest cost. b. we select the one that we want to implement. c. we select the one that incurs the highest cost. 6. The private realm includes a. the state and the household sector. b. the household sector and the corporate sector. c. the commodity and capital markets. írásbeli vizsga / május 13.

4 7. The consumption function a. starts at the origin. b. starts from the value of marginal propensity to consume. c. starts from the value of autonomous consumption. 8. Nominal wage or money wage a. is the amount which the employee receives from the employer. b. is the quantity of products that can be purchased for the gross wage. c. is the quotient of nominal wage and the price level. 9. We are talking about unemployment if a. labour demand exceeds labour supply. b. labour supply exceeds labour demand. c. the inactive population is unable to find work. 10. Inflation is a. the price increase of several products. b. a sustained increase of price level. c. the depreciation of domestic currency. írásbeli vizsga / május 13.

5 II. TRUE FALSE QUESTIONS 10 x 2 = 20 points Decide whether the following statements are true (T) or false (F). Write the correct letter on the dotted line next to the statement. Briefly explain your answer even if you feel the statement is true. 1. Consumer rationality is the maximization of attainable utility The budget line shifts parallel if the price of one of the products changes If market price is greater than equilibrium price, then excess demand is created on the market Marginal utility takes on its maximum at the saturation point Depreciation is a non-accountable implicit cost GDP expresses the gross national income of a national economy in a given year.... írásbeli vizsga / május 13.

6 7. Money plays the role of tender during the buying and selling of goods The section of the population that is able to work is made up of employed and unemployed Demand-pull inflation is generated because macro-demand increases Capital import is the import of foreign products; therefore its value is featured in the foreign trade balance.... III. DEFINITIONS Define the following concepts. 10 x 2 = 20 points 1. The three basic questions of economics: 2. Reproduction: 3. Consumer surplus: írásbeli vizsga / május 13.

7 4. Price taking behaviour: 5. Marginal revenue product: 6. Marginal propensity to save: 7. Structural unemployment: 8. The allocative tasks of the state: 9. Money demand: 10. Tax: írásbeli vizsga / május 13.

8 IV. CALCULATION AND GEOMETRICAL QUESTIONS 50 points IV.1. Market equilibrium 10 points As a result of the unfavourable weather conditions in 2010, there are higher prices and reduced supply on the fruit and vegetable market compared to the previous year. Illustrate the above process using the Marshallian-cross. Draw up the functions, name the axes and functions, and demonstrate the change. IV.2. Choosing between technologies The capital and labour combinations in the table below result in identical output. 10 points 2.1. Select the technically efficient processes. Technologies A B C D E F MACHINES (pcs) NUMBER OF EMPLOYEES (PERSONS) Letters of technically efficient processes:... írásbeli vizsga / május 13.

9 2.2. Select the economically efficient process if the daily cost of the use of one machine is HUF 12 thousand, and the cost of labour is HUF 10 thousand/employee. The economically efficient process is the one marked with letter... because this is where... are lowest. IV.3. Elasticity of demand 5 points The following observation has been made in a hair-care shop: when the price of hair-spray was 800 HUF/piece, the quantity sold was pieces/month; but when they dropped the price to HUF 660, the quantity sold rose to pieces. Calculate the price elasticity coefficient of hair-spray and evaluate the results in one sentence. Round up to 3 decimal places. írásbeli vizsga / május 13.

10 IV.4. National economy indicators 12 points In a macro-economy the value of gross output in the given year is 4 000, intermediate consumption is 2 500, depreciation is 500. Incoming labour and capital incomes amount to 400 units, while outgoing labour and capital incomes amount to 270 units. The value of transfers incoming to the country is 130, and the value of outgoing transfers is Calculate all indicators of the national economy Write the correct amount next to the corresponding terms. 6 x 1 = 6 points Gross national product Net domestic product Gross national income Net national income Available gross national income Available net national income írásbeli vizsga / május 13.

11 IV. 5. Equilibrium income 13 points In an economy the marginal propensity to consume is 0.8; autonomous consumption is 100, and investment is Determine equilibrium income Determine the size of consumption in case of equilibrium income In a coordinate-system illustrate the investment, consumption and aggregate demand functions and the equilibrium income. Name the axes, the functions, the value of their point of origin and present the equilibrium. írásbeli vizsga / május 13.

12 Topic Test questions Calculation and geometrical questions Question number Maximum points Points Scored Maximum points of topic I. Multiple choice questions 10 II. True-False questions III. Definitions Points scored in written examination 100 Points scored in topic Correcting teacher Date:... Teszt jellegű kérdéssor/ Test questions Számítási és geometriai feladatok/ Calculation and geometrical questions pontszáma egész számra kerekítve/points rounded to a whole number programba beírt egész pontszám/points (whole number) entered into programme javító tanár/correcting teacher jegyző/notary Dátum/Date:... Dátum/Date:... írásbeli vizsga / május 13.