Exam (elaborations)
ECS1601 ASSIGNMENT 5 DUE 02 JULY 2024
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Exam study book Macroeconomic Measurement Versus Macroeconomic Theory of Merijn Knibbe - ISBN: 9781351136693 (ALL YOU NEED)
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INFLATION AND IT'S COUSES
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63024,327 PM Assessment 5: Attempt reviewECS160126:51 > Onineassessments > Assessment$
Started on Tuesday,25 June 2024,9:12 PM
State Finished
Completed on Tuesday,25 June 2024, 10:43 PM
Time taken 1 hour 30 mins
Grade 30.00 out of 30.00 (100%)
Queston 1
Camet
Mak 1.00 s of 1.00
Whichof the following is a final good or service?
Select one:
. Diesel fuel bought for adelivery truck
b, Ahaircut paid for by a student v
. Motor vehicle windows purchased by amotor assembly plant
d. Fertiiser purchased by a farm supplier
Quesson2
Carmet
Ma 1.00 s o 1.00
Which aneof thefollowing statements regarding stock and flow variabless
comect?
Select one:
2. Monthly saving isa flow variable that contributes
10 a stock variable. v
b, Househokd income is an example of a stock variable.
c. Govemment spending is an example of a stock variable.
d. Changes in the level of employment do not come about through flows.
Refer to box 2:6 i the prescribed textbook.
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, 60024,327 PM Assessment
5: Attempt review
Queston3
Camet
Mak 100 ot of 100
Given the following informationin the table, which option is correct?
Coins. R70 000
Notes. 300 000
Demand deposits R960 000
‘Quasi money R3200 000
R3600 000
a M1isR370000.
b, Long-term deposits are equal to R7 100 000.
c. CashisR230 000.
M2is
R4 530000. v
e
Refer 1o section2.3
of the textbook.
Questond
Camet
Mok 1.00 0 of 100
If the South African Reserve Bank wants to decrease the growth in the money stock
in order to curb inflation,it may ..
a buygovernment bonds.
b, increase income tax rates.
c. increase therepo rate. v
d buy Treasury bills in the open market.
Refer 1o section2.8 of the textbook.
Queston 5
Carmct.
Matk1.00 o of 1.00
Which of the following variables
will not influence
the quantity of maney that an
individual demands?
the income level
Ep
the price level
the interest rate level
ap
money stock v
Refer to Section 2.5 on page 30 of the prescribed textbook and pages 1822in part
20f the study guide.
‘hitps:/imymodules. dils. unisa.ac. zalmod/quizire view php Pattempt=10980840 &cmid =089260 n3
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