Ecs 1601 assignment 1 - Study guides, Class notes & Summaries

THSI DOCUMENT CONTAINS QUESTIONS AND ANSWERS TO THE EXPECTED QUESTIONS FOR FOR ECS 1601 ASSIGNMENT 2 OF 2022 SEMESTER 1. GOING OVER IT BEFORE TAKING THE TEST WILL MAKE SURE THAT YOU SCORE OVER 75%.

The document ECS 1601 ASSIGNMENT 1-4 2021 contain 4 assignments with answers guaranteeing you an A score in your assesment. ASSESSMENT CHANGES for 2021 ACADEMIC YEAR 3 1.1 Assignment due dates 3 Assignment 01 4 Assignment 02 16 Assignment 03 25 Assignment 04 34 1.4 The examination 49 Content of the assignment Learning units 1 to 2 of the Study guide and the relevant chapters of the prescribed book The Questions There are 46 questions The correct answer is highlighted 1.1 ...

Three broad functions of government:  the allocative function, which refers to the role of government in correcting market failure and achieving amore efficient allocation of resources  the distributive function, which refers to the steps taken by government to achieve a more equitable or sociallyacceptable distribution of income than that generated by market forces  the stabilisation function, which refers to the measures taken by government to promote macroeconomic stability (eg...

If a fall in the price level results in a decline in interest rates, the latter may result in an increased outflow of capital in pursuit of higher interest rates overseas and/or a decline in capital inflows, because domestic interest rates are less attractive than before. This would result in a greater demand for foreign currency and a lower demand for the rand, which will give rise to a depreciation of the rand against the major currencies. The weaker rand, in turn, will tend to boost expor...

Reference: Prescribed book PG 315  Spending may be equal to production and income. In this case production and income are at their equilibrium levels – there is no tendency to change.  Spending may be greater than production and income. In this case production and income will tend to increase. They are therefore not at their equilibrium levels.  Spending may be less than production and income. In this case production and income will tend to fall. They are therefore not at their ...

Unique number : Closing Date : 21 August 2020 1.1 The three major flows in any economy are … [1] income, spending and saving. [2] income, government spending and consumption. [3] spending, production and investment. [4] production, income and spending. These are the flows that are discussed in the circular flow model. 1.2 The two major markets in the circular flow of income and expenditure are the … [1] foreign exchange market and factor market. [2] goods market and factor market....

ECS1601 1.The three major flows in any economy are … [1] income, spending and saving. [2] income, government spending and consumption. [3] spending, production and investment. [4] production, income and spending. These are the flows that are discussed in the circular flow model. 2.The two major markets in the circular flow of income and expenditure are the … [1] foreign exchange market and factor market. [2] goods market and factor market. [3] goods market and services market. [4]...

Ecs 1601 Assignment 1 second semester 2 -2020 Unique number : Closing Date : 21 August 2020 1.1 The three major flows in any economy are … [1] income, spending and saving. [2] income, government spending and consumption. [3] spending, production and investment. [4] production, income and spending. These are the flows that are discussed in the circular flow model. 1.2 The two major markets in the circular flow of income and expenditure are the … [1] foreign exchange market and fa...

Unique number : Closing Date : 21 August 2020 1.1 The three major flows in any economy are … [1] income, spending and saving. [2] income, government spending and consumption. [3] spending, production and investment. [4] production, income and spending. These are the flows that are discussed in the circular flow model. 1.2 The two major markets in the circular flow of income and expenditure are the … [1] foreign exchange market and factor market. [2] goods market and factor market....

ECS1601 Assignment 3 Semester 1 2022 100% TRUSTED workings, explanations and solutions. Whatsapp 4 for assistance.