Ecs2602 - Study guides, Class notes & Summaries

ECS2602 (Macroeconomics) LATEST EXAM PACK SOLUTIONS AND NOTES

ECS2602 - ASSIGNMENT 3 - SEMESTER 2.Detailed working, solutions, memo, notes & explanations.Question 1 of 15 This question is based on the following diagram of an IS-LM model for an open economy A decrease in government spending causes ... A. a decrease in the demand for goods and the level of output; a decrease in the demand for money and the interest rate; a depreciation of the domestic currency and the trade balance deteriorates as exports increases. B. a decrease in the demand for goo...

ECS2602-TESTS-BANK. 100% CORRECT questions, answers, workings and explanations. Question 1 Which of the following statements is/are correct? a) In this module we only study the demand side of the economy which includes the goods market and the financial market. The labour market form part of the supply side analysis and are therefore excluded from this module. b) The two most important accounts of the balance of payments are the current account and the financial account. c) If total output ...

ECS2602 ASSESSMENT 2 SEMESTER 1 2024

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ECS2602 ASSESSMENT 2 SEMESTER 1 2024

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ECS2602 ASSESSMENT 3 SEMESTER 2 2024 Which one of the following statements is INCORRECT? In our analysis of the labour market, we assume the following: Select one: A. Labour is the only factor of production used in the production of output. B. The price of oil and other raw material increases over time. C. Labour productivity is constant. D. The price of products set by firms is based on cost plus a markup

ECS2602 ASSIGNMENT 2 DISTINCTION GUARANTEED MACROECONOMICS ASSIGNMENT 2 SEMESTER 2 2023 EXPECTED QUESTIONS AND SOLUTIONS