THIS DOCUMENT CONTAINS EXPECTED QUESTIONS AND ANSWERS FOR ECS1601 ASSESSMENT ASSESSMENT 7, USING IT CORRECTLY FOR COMPARISON AND RESEARCH PURPOSES WILL HELP YOU SCORE ABOVE 75%
I was not happy the the document as some of the questions were not there
By: nlbmohapi • 2 year ago
Show more reviews
Seller
Follow
oscardiura
Reviews received
Content preview
Started on Wednesday, 16 November 2022, 10:32 PM
State Finished
Completed on Wednesday, 16 November 2022, 10:54 PM
Time taken 21 mins 59 secs
Marks 25.00/30.00
Grade 83.33 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
In the Keynesian model including the government and foreign sectors, imports are dependent on …
Select one:
a. investment.
b. exchange rates.
c. interest rates.
d. domestic income.
Question 2
Correct
Mark 1.00 out of 1.00
Suppose South Africa does not export nor import, but there is a government sector. Therefore, South Africa’s total spending formula can be
written as…
Select one:
a. A=C+I+G.
b. A=C+I+G+X+Z.
c. A=C+I.
d. A=C+I+G+X-Z.
oscar the tutor
oscardiura@gmail.com
+27844708483
for
FAC,MAC,ECS,DSC,TAX,FIN,INV
QMI,BNU,MNB,IOP ,tutoring
, Question 3
Incorrect
Mark 0.00 out of 1.00
The question is based on the following information.
Given autonomous consumption of R300, marginal propensity to consume of ¾, and level of income of R1000.
What is the amount of total saving is
oscar the tutor
oscardiura@gmail.com
Answer: +27844708483
for
50.00
FAC,MAC,ECS,DSC,TAX,FIN,INV,Q
MI,BNU,MNB,IOP ,tutoring
Question 4
Correct
Mark 1.00 out of 1.00
Which of the following is correct about an increase in interest rate in the Keynesian model?
Select one:
a. increase investment
b. decrease investment
c. increase price levels
d. decrease price levels
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller oscardiura. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $5.68. You're not tied to anything after your purchase.