Ecs2602 assignment 1 - Study guides, Class notes & Summaries

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ECS2602 ASSIGNMENT 3 SEMESTER 1 2023

ECS2602 ASSIGNMENT 3 ONLINE ASSESSMENTSEMESTER 2 POSSIBLE QUESTIONS AND SOLUTIONS 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 goods and ...

ECS2602 Assignment 2 (QUIZ) Semester 2 2023-2024/All Questions and Answers/Graded A+ Unique number: 1. Which of the following can be regarded as the fully exogenous variables in the IS-LM model? a. Nominal money supply. b. Taxes. c. Investment spending. d. Government spending. 1. a, b, c and d 2. b, c and d 3. a, c and d 4. Only b and d 5. Only a, b and d Explanation: The three critical exogenous – i.e. external – variables in the IS-LM model are liquidity, investment, and consu...

ECS2602 - ASSIGNMENT 4 - S2 - 2016.100% CORRECT questions, answers, workings and explanations. This assignment contributes 40% towards your semester mark. Please ensure that this assignment reaches the university before the due date. Answer all questions on a mark-reading sheet. 1. Which of the following statements are correct? a. The nominal exchange rate is the relative price of domestic goods in terms of foreign goods. b. The real exchange rate is the price of the domestic currency in te...

1. The fully exogenous variables in the IS-LM model are ... 1. government spending and investment spending. 2. investment spending and money supply. 3. interest rate and government spending. 4. government spending and money supply. 5. level of output and income and the interest rate. Explanation: The correct option is 4. In the IS-LM model, the most important variables that we wish to explain are the level of output and income (Y) and the interest rate (i). These variables...

ECS2602 Assignment 1 Semester 2 2022.100% TRUSTED workings, explanations and solutions. Whatsapp 7 for assistance.

ECS2602 Assignment 1 Semester 2 2022.100% TRUSTED workings, explanations and solutions. Whatsapp 7 for assistance.

ECS2602 ECS2602 ECS2602 ASSIGNMENT 1 SEMESTER 2 - 2019 ECS2602 8/20/2019 1. Which of the following statements are correct? 2. Which of the following statements are correct? to bring about an increase in the interest rate in order to decrease the demand for goods in the economy. An increase is taxes implies the implementation of a contractionary fiscal policy. 3. Expenditure on the gross domestic product in South Africa is spending on goods and services produced withi...

ECS2602-MACROECONOMICS ASSIGNMENT 2 SEMESTER 1 – 2019. This assignment contributes 40% towards your semester mark. Please ensure that this assignment reaches the university before the due date. Answer all questions on a mark-reading sheet. 1. Which of the following are fully exogenous variables in the IS-LM model? 1. Level of output, interest rate, investment, consumption spending. 2. Government spending, taxation, money supply, marginal propensity to consume. 3. Interest rate, demand f...