Exam (elaborations)
ECS1601 Assignment 2 (Detailed Answers) Year Module - Due 30 July 2024
- Course
- Institution
ECS1601 Assignment 2 (Detailed Answers) Year Module - Due 30 July 2024
[Show more]
1 review
By: fhatuwanindou85 • 3 months ago
Seller
Follow
StudentGyde
Reviews received
Content preview
ECS1601ASSIGNMENT 2 (YEAR MODULE)
DUE DATE: 30 July 2024
Written Assignment Submission Guidelines:
Please ensure that your assignment is submitted electronically through the myUnisa platform no
later than July 2024. Kindly note that fax or email submissions will not be accepted.
NB: Assignment submitted to the lecturer(s) through email will not be considered.
[KEEP IN MIND; THE QUESTION WON’T BE IN THIS ORDER, THEY WILL BE RANDOMISED]
Answers to ECS1601-24-Y_AS2 Assessment Questions
Question 1: Which one of the following is most likely to increase the demand for US dollars on the
South African foreign exchange market?
ANSWER:
c. an expected decline in the value of the rand relative to the dollar.
Question 2: Due to a slowdown in economic growth in China, fewer raw materials are exported
to China from South Africa. Due to political unrest in South Africa, direct investment declines.
What would the likely impact be on the diagram?
ANSWER:
e. These events will cause the rand to depreciate. This can be demonstrated by a leftward shift of
the demand for dollars curve due to the lower exports to China and a leftward shift of the supply of
dollars curve due to the decrease in foreign direct investment.
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 StudentGyde. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $2.85. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
72042 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now