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ECS1601 ASSESSMENT 7 sem 2 of 2022 EXPECTED QUESTIONS AND ANSWERS $5.68   Add to cart

Exam (elaborations)

ECS1601 ASSESSMENT 7 sem 2 of 2022 EXPECTED QUESTIONS AND ANSWERS

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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%

Last document update: 2 year ago

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  • June 1, 2022
  • November 17, 2022
  • 266
  • 2021/2022
  • Exam (elaborations)
  • Questions & answers

10  reviews

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By: jeannijooste2002 • 2 year ago

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By: nakzore • 2 year ago

I was not happy the the document as some of the questions were not there

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By: nlbmohapi • 2 year ago

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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.




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+27844708483
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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
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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

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