Exam (elaborations)
ECS1601 ASSESSMENT 3 2023 SEMESTER 2 QUESTIONS AND ANSWERS
- Course
- Institution
- Book
ECS1601 ASSESSMENT 3 2023 SEMESTER 2 QUESTIONS AND ANSWERS FOR DISTINCTION
[Show more]
Connected book
Book Title:
Author(s):
- Edition:
- ISBN:
- Edition:
More summaries for
-
ECS2602 ASSESSMENT 2 SEMESTER 1 2024
-
ECS2602 ASSESSMENT 1 2024 SEMESTER 1
-
ECS2602 ASSESSMENT 1 SEMESTER 1 2024 SOLUTIONS WITH DETAILED CALCULATIONS
1 review
By: palesavalencia • 1 year ago
disorganized and not clear.
By: passmatetutorials • 1 year ago
Hi palesa, thanks for the review we apologize for your encounter with our document ECS1601 assignment 3, we are just requesting more details about your experience can you contact us direct on 0680538213 we hear you said the paper was disorganised and not clear what is exactly that was not organised and that was not clear? thank you.
Seller
Follow
passmatetutorials
Reviews received
Content preview
PASSMATE TUTORIALS passmatetutorials@gmail.comDISCLAIMER: THIS IS NOT AN OFFICIAL GUIDE FROM UNISA. THE FRAMEWORK
IS NOT PREPARED NOR APPROVED BY UNISA, RATHER REPRESENTS A
POSSIBLE SOLUTION TO THE TASK CONSISTENT WITH THEORY. THIS
FRAMEWORK IS ONLY INTENDED TO ASSIST STUDENTS IN GETTING STARTED
WITH THEIR ASSIGNMENT, AND IN NO CASE THIS DOCUMENT SHOULD BE USED
FOR CHEATING, THUS NO STUDENT IS ENCOURAGED TO COPY THIS
DOCUMENT, NOR ITS SECTIONS FOR SUBMISSION. WE BELIEVE THE
FRAMEWORK WILL BE A GOOD STARTING POINT AS IT WAS PREPARED BY OUR
TEAM OF PROFESSIONAL PRIVATE TUTORS WHO ARE EXPERTS IN THE FIELD,
AND IT WAS PREPARED USING VARIOUS SOURCES. ANY SIMILARITY WITH ANY
EXISTING THEORY OR DISCUSSION BY OTHER AUTHORS IS EXCUSED. THE
AUTHORS HOWEVER DO NOT CLAIM MONOPOLY TO KNOWLEDGE HENCE
MODIFICATION OF THE ANSWERS CONTAINED IN THIS FRAMEWORK MAY NOT
BE PROHIBITED AS IT CONTRIBUTES TO EXPANSION OF KNOWLEDGE. FOR ANY
FURTHER GUIDELINE ABOUT THE INFORMATION CONTAINED HERE AND THE
MODULE IN GENERAL, CONTACT PASSMATE TUTORIALS.
WE ASSIST WITH OTHER MODULES INCLUDING:
ECSs, FACs, MACs, MNGs, INTs, TRLs, HMEMS, PRMs, PROs, MNBs, DSC, QMI,
MNMs, MNO, MNPs, FIN, PUBs, MNMs, RESEARCH among others.
WE OFFER CLASSES, ASSIGNMENT GUIDELINES, EXAMINATION PREPARATION,
RESEARCH AND RESEARCH PROPOSALS, DISSERTATION EDITING etc.
OTHER THAN UNISA, WE ALSO ASSIST STUDENTS AT VARIOUS INSTITUTIONS
INCLUDING MANCOSA, REGENT, REGEYNESES, BOSTON, STADIO, OLG, UJ, UP
etc
For any enquiries the following numbers can be used for calling, sms, whatsapp and
telegram
CONTACT PASSMATE TUTORIALS @061 262 1185/068 053 8213/0717 513 144 OR
email passmatetutorials@gmail.com
,PASSMATE TUTORIALS passmatetutorials@gmail.com
CONTACT PASSMATE TUTORIALS @061 262 1185/068 053 8213/0717 513 144 OR
email passmatetutorials@gmail.com
PASSMATE TUTORIALS 061 262 1185/068 053 8213/0717 513 144
,PASSMATE TUTORIALS passmatetutorials@gmail.com
Question text
Which of the following statements is/are correct about what influences South African
exports?
a) Changes in exchange rates do have an influence on South African exports.
b) Changes in economic conditions in the rest of the world.
c) Changes in the demand for exports.
e) International competitiveness does not influence exports.
a and b
a and c
a, b and e
a, b and c
a, c and e
Question text
Which of the following is correct regarding the effects of expansionary fiscal policy?
a.The size of the multiplier will increase.
b. Autonomous spending and the level of income will decrease.
c. The slope of the consumption function will decrease due to a rise in the tax rate.
d. There will be a leakage of money out of the circular flow of income, spending and
production.
Question text
If the government wishes to reduce the flow of money in the circular flow of income and
spending, it can ______.
a.increase government spending
b. increase the tax rate
PASSMATE TUTORIALS 061 262 1185/068 053 8213/0717 513 144
, PASSMATE TUTORIALS passmatetutorials@gmail.com
c. increase investment spending
d. decrease the tax rate
Question text
Which of the following has/have a major impact on the level of net exports (X – Z)
a) the growth rate of GDP in South Africa relative to the growth rates of GDP in other
countries
b) the price level in South Africa relative to the price levels in other countries
c) the exchange rate between the rand and other currencies.
a.c
b. a and b
c. a and c
d. b and c
e. a, b and c
Question text
Assume that country A relies more heavily on imports than country B, while other
macroeconomic conditions are the same. If there is a positive relationship between
domestic economic activity and imports, then the multiplier of country A will be_____.
a.larger than country B’s.
b. smaller than country B’s.
c. as large as country B’s.
d. uncertain.
Question text
Use the following figure to answer the question: When government spending is included
in the economy, aggregate spending is affected.
Keynesian diagram
PASSMATE TUTORIALS 061 262 1185/068 053 8213/0717 513 144
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 passmatetutorials. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $2.87. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
75323 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now