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UTBK/SNBT Bahasa Inggris: Pertanyaan, Jawaban, Latihan Soal & Pembahasan

Urutkan

Lili R

15 April 2022 23:54

Although the Austrian school of economic thought sometimes called the Vienna school, shares with neoclassical economics a focus on the actions of the individual actor, it distinguishes itself most from this more orthodox perspective with its influential Austrian Business Cycle Theory (ABCT). ABCT represents an attempt by the school's theorists to explain the "boom and bust cycle in modern economies. Proponents of the ABCT claim that Economic recessions will not occur in a purely free market system because it is highly unlikely that a preponderance of business leaders and entrepreneurs will simultaneously engage in risky economic practices. Thus, economic downturns must instead result from unnatural interference with the economic system. The ABCT claims that this interference comes in the form of banks artificially manipulating interest rates. Economists from the Austrian school contend that banks, by creating new money, drive down interest rates, which fools investors into thinking that the supply of saved funds is larger than it actually is. This misapprehension of reality causes businesses and entrepreneurs to focus their energies on investment, which causes the economy to shift from emphasizing consumer goods to capital goods. For a short while, the economy booms. However, the investors soon find that their speculation was based on incorrect assumptions about the economy and has resulted in an increase in production for which there is no comparable demand from consumers. A recession then occurs as the economy attempts to correct itself after this period of wasteful investment. ABCT has received a fair share of criticism. Most problematically, the theory requires businesspersons and entrepreneurs to continually act irrationally by making unsound investments during periods of low interest rates. However, ABCT and the Austrian school in general have remained influential in economic circles due to their emphasis on the time preferences of individuals. While neoclassical economists make use of the idea of time preferences in some economic analyses, the Austrian school makes time preferences a major focus of its theoretical investigations, leading to a number of interesting hypotheses about economic activities. According to the passage, a major difference betweenthe Austrian school and the neoclassical school is the Austrian school 's .... A. focus on the actions of the individuals in the economic system B. attempt to explain an economy's boom and bust cycles C. emphasis on historical factors in its economic analyses D. endorsement of a purely free market E. ascription of irrational behaviorto economic actors

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Jawaban terverifikasi

Lala S

15 April 2022 23:54

Although the Austrian school of economic thought sometimes called the Vienna school, shares with neoclassical economics a focus on the actions of the individual actor, it distinguishes itself most from this more orthodox perspective with its influential Austrian Business Cycle Theory (ABCT). ABCT represents an attempt by the school's theorists to explain the "boom and bust cycle in modern economies. Proponents of the ABCT claim that Economic recessions will not occur in a purely free market system because it is highly unlikely that a preponderance of business leaders and entrepreneurs will simultaneously engage in risky economic practices. Thus, economic downturns must instead result from unnatural interference with the economic system. The ABCT claims that this interference comes in the form of banks artificially manipulating interest rates. Economists from the Austrian school contend that banks, by creating new money, drive down interest rates, which fools investors into thinking that the supply of saved funds is larger than it actually is. This misapprehension of reality causes businesses and entrepreneurs to focus their energies on investment, which causes the economy to shift from emphasizing consumer goods to capital goods. For a short while, the economy booms. However, the investors soon find that their speculation was based on incorrect assumptions about the economy and has resulted in an increase in production for which there is no comparable demand from consumers. A recession then occurs as the economy attempts to correct itself after this period of wasteful investment. ABCT has received a fair share of criticism. Most problematically, the theory requires businesspersons and entrepreneurs to continually act irrationally by making unsound investments during periods of low interest rates. However, ABCT and the Austrian school in general have remained influential in economic circles due to their emphasis on the time preferences of individuals. While neoclassical economists make use of the idea of time preferences in some economic analyses, the Austrian school makes time preferences a major focus of its theoretical investigations, leading to a number of interesting hypotheses about economic activities. It can be inferred from the passage that proponents ofthe ABCT that an economy in the midst of a recession ...... A. would be characterized by artificially low interest rates B. must be subject to some form of market controls C. would be unlikely to recover unless banks raise interest rates D. would contain a high number of irrationally acting investors E. must correct itself by emphasizing the production of consumer goods

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Jawaban terverifikasi

Binar K

15 April 2022 23:54

Although the Austrian school of economic thought sometimes called the Vienna school, shares with neoclassical economics a focus on the actions of the individual actor, it distinguishes itself most from this more orthodox perspective with its influential Austrian Business Cycle Theory (ABCT). ABCT represents an attempt by the school's theorists to explain the "boom and bust cycle in modern economies. Proponents of the ABCT claim that Economic recessions will not occur in a purely free market system because it is highly unlikely that a preponderance of business leaders and entrepreneurs will simultaneously engage in risky economic practices. Thus, economic downturns must instead result from unnatural interference with the economic system. The ABCT claims that this interference comes in the form of banks artificially manipulating interest rates. Economists from the Austrian school contend that banks, by creating new money, drive down interest rates, which fools investors into thinking that the supply of saved funds is larger than it actually is. This misapprehension of reality causes businesses and entrepreneurs to focus their energies on investment, which causes the economy to shift from emphasizing consumer goods to capital goods. For a short while, the economy booms. However, the investors soon find that their speculation was based on incorrect assumptions about the economy and has resulted in an increase in production for which there is no comparable demand from consumers. A recession then occurs as the economy attempts to correct itself after this period of wasteful investment. ABCT has received a fair share of criticism. Most problematically, the theory requires businesspersons and entrepreneurs to continually act irrationally by making unsound investments during periods of low interest rates. However, ABCT and the Austrian school in general have remained influential in economic circles due to their emphasis on the time preferences of individuals. While neoclassical economists make use of the idea of time preferences in some economic analyses, the Austrian school makes time preferences a major focus of its theoretical investigations, leading to a number of interesting hypotheses about economic activities. Which of the following statements about the Austrian school would the author most likely agree? A. It has generally been less influential than the neoclassical school in modern economics. B. Its theory on boom and bust cycles will eventually be falsified. C. Its focus on time preferences gives it an advantage over the neoclassical school of thought. D. It has been somewhat less conventional than has been the neoclassical school. E. Its theory of economic downturns is a more or less accurate description of reality.

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Jawaban terverifikasi

Binar S

15 April 2022 23:54

Although the Austrian school of economic thought sometimes called the Vienna school, shares with neoclassical economics a focus on the actions of the individual actor, it distinguishes itself most from this more orthodox perspective with its influential Austrian Business Cycle Theory (ABCT). ABCT represents an attempt by the school's theorists to explain the "boom and bust cycle in modern economies. Proponents of the ABCT claim that Economic recessions will not occur in a purely free market system because it is highly unlikely that a preponderance of business leaders and entrepreneurs will simultaneously engage in risky economic practices. Thus, economic downturns must instead result from unnatural interference with the economic system. The ABCT claims that this interference comes in the form of banks artificially manipulating interest rates. Economists from the Austrian school contend that banks, by creating new money, drive down interest rates, which fools investors into thinking that the supply of saved funds is larger than it actually is. This misapprehension of reality causes businesses and entrepreneurs to focus their energies on investment, which causes the economy to shift from emphasizing consumer goods to capital goods. For a short while, the economy booms. However, the investors soon find that their speculation was based on incorrect assumptions about the economy and has resulted in an increase in production for which there is no comparable demand from consumers. A recession then occurs as the economy attempts to correct itself after this period of wasteful investment. ABCT has received a fair share of criticism. Most problematically, the theory requires businesspersons and entrepreneurs to continually act irrationally by making unsound investments during periods of low interest rates. However, ABCT and the Austrian school in general have remained influential in economic circles due to their emphasis on the time preferences of individuals. While neoclassical economists make use of the idea of time preferences in some economic analyses, the Austrian school makes time preferences a major focus of its theoretical investigations, leading to a number of interesting hypotheses about economic activities. The author of the passage is primarily concerned with...... A. proposing a new theory of boom and bust cycles in economics B. questioning the validity of a discipline's theoretical focus C. drawing a key distinction between competing schools of economic thought D. providing an overview of a significant theory from an economic school E. contrasting two different theories about the nature of economic recessions

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Jawaban terverifikasi

Tamiwin T

14 April 2022 06:26

Children (41) ... linguistic milestones in parallel fashion, regardless of the special • language they are exposed to. For example, at about 6-8 months •all children start to babble, that is, to (42) ... like bababa. At about 1 0-1 2 months they (43) ... their first words, and between 20 and 24 months they begin to put words together. It (44) .. . that children between 2 and 3 years speaking (45) ... use infi nitive verbs in main clauses or omit sentential subjects, although the language they are exposed to may not have this option. Across languages young children also over-regularize the past tense or other tenses of irregular verbs. Interestingly, similarities in language acquisition are (46) ... not only across spoken languages, but also between (47) .... For example, at the age when hearing babies start to babble orally, deaf babies start to do the same (48) .... It (49) ... that the timing and milestones of language acquisition are so similar and that the content of early languages is virtually identical, despite great variations in input and in 50) .... 50. ... (A) conditions of the acquisitive (B) acquisitive of the condition (C) conditions of acquisition (D) conditions from acquisition (E) acquisition to conditions

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Jawaban terverifikasi

Winafajria W

14 April 2022 06:26

Children (41) ... linguistic milestones in parallel fashion, regardless of the special • language they are exposed to. For example, at about 6-8 months •all children start to babble, that is, to (42) ... like bababa. At about 1 0-1 2 months they (43) ... their first words, and between 20 and 24 months they begin to put words together. It (44) .. . that children between 2 and 3 years speaking (45) ... use infi nitive verbs in main clauses or omit sentential subjects, although the language they are exposed to may not have this option. Across languages young children also over-regularize the past tense or other tenses of irregular verbs. Interestingly, similarities in language acquisition are (46) ... not only across spoken languages, but also between (47) .... For example, at the age when hearing babies start to babble orally, deaf babies start to do the same (48) .... It (49) ... that the timing and milestones of language acquisition are so similar and that the content of early languages is virtually identical, despite great variations in input and in 50) .... 48. ... (A) manual (B) are manually (C) is manual (D) manually (E) are manual

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Jawaban terverifikasi

Septiangga S

14 April 2022 06:26

Children (41) ... linguistic milestones in parallel fashion, regardless of the special • language they are exposed to. For example, at about 6-8 months •all children start to babble, that is, to (42) ... like bababa. At about 1 0-1 2 months they (43) ... their first words, and between 20 and 24 months they begin to put words together. It (44) .. . that children between 2 and 3 years speaking (45) ... use infi nitive verbs in main clauses or omit sentential subjects, although the language they are exposed to may not have this option. Across languages young children also over-regularize the past tense or other tenses of irregular verbs. Interestingly, similarities in language acquisition are (46) ... not only across spoken languages, but also between (47) .... For example, at the age when hearing babies start to babble orally, deaf babies start to do the same (48) .... It (49) ... that the timing and milestones of language acquisition are so similar and that the content of early languages is virtually identical, despite great variations in input and in 50) .... 47. ... (A) speaking and languages signing (B) spoken language and languages sign (C) spoken and signed languages (D) speaking and signed languages (E) spoken o(languages signing

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Jawaban terverifikasi

Tamiwin T

14 April 2022 06:26

Children (41) ... linguistic milestones in parallel fashion, regardless of the special • language they are exposed to. For example, at about 6-8 months •all children start to babble, that is, to (42) ... like bababa. At about 1 0-1 2 months they (43) ... their first words, and between 20 and 24 months they begin to put words together. It (44) .. . that children between 2 and 3 years speaking (45) ... use infi nitive verbs in main clauses or omit sentential subjects, although the language they are exposed to may not have this option. Across languages young children also over-regularize the past tense or other tenses of irregular verbs. Interestingly, similarities in language acquisition are (46) ... not only across spoken languages, but also between (47) .... For example, at the age when hearing babies start to babble orally, deaf babies start to do the same (48) .... It (49) ... that the timing and milestones of language acquisition are so similar and that the content of early languages is virtually identical, despite great variations in input and in 50) .... 46. ... (A) observing (B) observe (C) observes (D) to observed (E) observed

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Jawaban terverifikasi

Nafis N

14 April 2022 06:26

Children (41) ... linguistic milestones in parallel fashion, regardless of the special • language they are exposed to. For example, at about 6-8 months •all children start to babble, that is, to (42) ... like bababa. At about 1 0-1 2 months they (43) ... their first words, and between 20 and 24 months they begin to put words together. It (44) .. . that children between 2 and 3 years speaking (45) ... use infi nitive verbs in main clauses or omit sentential subjects, although the language they are exposed to may not have this option. Across languages young children also over-regularize the past tense or other tenses of irregular verbs. Interestingly, similarities in language acquisition are (46) ... not only across spoken languages, but also between (47) .... For example, at the age when hearing babies start to babble orally, deaf babies start to do the same (48) .... It (49) ... that the timing and milestones of language acquisition are so similar and that the content of early languages is virtually identical, despite great variations in input and in 50) .... 45. ... (A) a wide variety and language (B) a wide language of variety (C) a language of variety (D) a wide variety of languages (E) a variety of wide language

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Jawaban terverifikasi

Septiangga S

14 April 2022 06:26

Children (41) ... linguistic milestones in parallel fashion, regardless of the special • language they are exposed to. For example, at about 6-8 months •all children start to babble, that is, to (42) ... like bababa. At about 1 0-1 2 months they (43) ... their first words, and between 20 and 24 months they begin to put words together. It (44) .. . that children between 2 and 3 years speaking (45) ... use infi nitive verbs in main clauses or omit sentential subjects, although the language they are exposed to may not have this option. Across languages young children also over-regularize the past tense or other tenses of irregular verbs. Interestingly, similarities in language acquisition are (46) ... not only across spoken languages, but also between (47) .... For example, at the age when hearing babies start to babble orally, deaf babies start to do the same (48) .... It (49) ... that the timing and milestones of language acquisition are so similar and that the content of early languages is virtually identical, despite great variations in input and in 50) .... 43. ... (A) speak (B) speaking (C) spoke (D) spoken (E) speaks

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Jawaban terverifikasi
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