"National Economy "

"National Economy "
" Economy "
"IER-34E "

1.The national economy is…a set of industries that have historically been formed on the territory of a particular state, and whose purpose and division of labor are interrelated. As a single system, the national economy requires an independent state with its own relations, system of governance, common economic infrastructure and independent legislation.

2.Which of the following is the task of the national economy?
Explores the specific ways and problems of socio-economic reconstruction and development of the country.
Analyzes the economic potential of the republic, its composition, growth dynamics.
Learns the tasks and basic principles of economic management, as well as the system of strategic planning and state regulation of the economy in a market economy

Studies the organization of foreign economic activity of the country, forms of economic cooperation with foreign countries

3.How many tasks are there for the national economy?
4
4.There are __3_ different concepts of economics.
The sum of production relations;
national or world economy;
A network of sciences that studies cross-sectoral or functional aspects of economic relations.

5.When the State Flag of the Republic of Uzbekistan was approved?

1991 18 November
6.When the Republic of Uzbekistan became a member of the United Nations?
1992 2 March
7. When the State Emblem of the Republic of Uzbekistan was approved?
1992 2 July
8.When the Constitution of the Republic of Uzbekistan was adopted?
1992 8 December
9.When the National Anthem of the Republic of Uzbekistan was approved?
1992 10 December
10.When the national currency of the Republic of Uzbekistan was introduced?
1994 1July
11.How many theoretical foundations and criteria are there for the transition to market relations have been identified?
5
12. According to the market transition of Uzbekistan: The independence of the economy from ideology___ and its predominance over __politics_.

13. According to the market transition of Uzbekistan: ___ is the main reformer.

14. How many bases of the state economic policy are there?
4
15. Resources are divided into _3__ types.

16. Resources are divided into three types. They are:

land (underground and surface resources), labor (mental and physical), and capital (equipment and finance).
17. How many the management functions of the national economy are generally defined?
11
18. Administrative-territorial structure of the Republic of Uzbekistan is divided into ___.

19. Which of the followings are the management functions of the national economy?

1.Creating a legal framework for a market economy and a social environment.
2. Ensuring the inviolability of property.
3. Maintaining and protecting the integrity of competition. 4. Distribution and redistribution of income and national wealth.
5. Regulation of the distribution of resources in order to improve the composition of the national product, setting priorities.
6. Stabilizing the economy, employment, controlling inflation, stimulating economic growth, increasing the efficiency of social production;
7. In the context of the transition to a market economy, taking appropriate measures, taking into account the specifics of the transition period, in particular, ensuring social protection of certain segments of the population.
8. Ensuring the coherence of the stages of economic reform.
9. Creation of new jobs, employment, labor exchanges and labor markets, taking into account the structural growth rates and other characteristics of the population of the Republic
to establish. Development of small and private business.
10. Organization of consumer market protection.
11. Ensuring the stability of the national currency, etc.

21. National income accounting measures the economy’s performance by measuring the flows of income___ and expenditures over a period of time.

22. The national income accounts provide a basis for appropriate public policies to improve economic performance___.

23. GDP is measured using market values___, not quantities

24. A good or service purchased by a final user is_Final good or service__.

25. GDP measures the value of production during a given time period. This time period is either _a quarter__ or _a year__.

26. How many components of GDP are there?
4: Consumption, Investment, Government purchases, Net export.
27. Which component of GDP is explained by the following quote: “Spending by households on goods and services, not including spending on new houses.”
Consumption
28. Which component of GDP is explained by the following quote: “Spending by firms on new factories, office buildings, machinery, and inventories, and spending by households on new houses.”
Investment
29. Which component of GDP is explained by the following quote: “Spending by federal, state, and local governments on goods and services.”
Government purchases
30. Which component of GDP is explained by the following quote: “Exports minus imports.”
Net export
31. Which type of the economy is described in the following quote: “Buying and selling of goods and services that are concealed from the government to avoid taxes or regulations or because the goods and services are illegal.”
Underground Economy
32. Which type of income is calculated via taking NI minus payroll taxes (social security contributions), minus corporate profits taxes, minus undistributed corporate profits, and add transfer payments?
Payment Income (PI)
33. Which income is personal income less personal taxes (personal Income taxes, personal property taxes, and inheritance taxes)?
Disposable Income (DI)
34. The value of final goods and services are evaluated at current year prices. This is ___.
Nominal GDP
35. The value of final goods and services evaluated at base year prices. This is ___.
Real GDP
36. How many types are there for the economic growth?
2: extensive and intensive
37. Which economic growth is defined with the following quote: “The economic growth is achieved by increasing the amount of factors of production while maintaining the previous technical basis of production”?
Extensive

38.Which economic growth is defined with the following quote:“The economic growth is achieved through qualitative improvement of factors of production, application of new technologies, training of labor force”?

Intensive
39. How many economic growth factors are there?
4
40. Which of the followings are the indicators of the economic growth?
quantity and quality of natural resources
quantity and quality of labor resources
the amount of fixed capital
technology and science and technology development
41. How many types of the value of the economic growth?