ECS3709 Assignment 4 (COMPLETE ANSWERS) Semester 2 2024 - DUE 27 September 2024
34 views 2 purchases
Course
Applied Macroeconomics (ECS3709)
Institution
University Of South Africa (Unisa)
Book
Applied Macroeconomics
ECS3709 Assignment 4 (COMPLETE ANSWERS) Semester 2 2024 - DUE 27 September 2024 ; 100% TRUSTED Complete, trusted solutions and explanations. For assistance, Whats-App 0.6.7-1.7.1-1.7.3.9. Ensure your success with us.. QUESTION 1 [15]
Using Jordan, South Africa, and Nigeria as case studies, select...
The demand-side factors focus on elements that influence the aggregate demand for goods and
services, thereby affecting the demand for labor. The supply-side factors address those affecting
the availability and quality of labor.
Demand-Side Factors
1. Aggregate Demand and Economic Growth
One of the most significant demand-side factors in South Africa is the level of aggregate
demand in the economy, which is composed of consumer spending, investment by
businesses, government expenditure, and net exports. According to Keynesian economic
theory, high aggregate demand encourages businesses to increase production, which leads
to more jobs and reduces unemployment. In South Africa, when aggregate demand is high,
Terms of use
By making use of this document you agree to:
especially driven by government spending or private sector investment, unemployment
• Use this document as a guide for learning, comparison and reference purpose,
• Not to duplicate, reproduce and/or misrepresent the contents of this document as your own work,
tends to decrease. However, in periods of
• Fully accept the consequences should you plagiarise or misuse this document.
Disclaimer
Extreme care has been used to create this document, however the contents are provided “as is” without
any representations or warranties, express or implied. The author assumes no liability as a result of
reliance and use of the contents of this document. This document is to be used for comparison, research
and reference purposes ONLY. No part of this document may be reproduced, resold or transmitted in any
form or by any means.
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 iStudy. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $2.99. You're not tied to anything after your purchase.
