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Jason Gary Geldenhuys ECS2602 Assignment 2 Semester 1 2013 Question 1 (7 marks) Identify the exogenous and endogenous variables in the goods market model. Y = C + I + G + X – Im Y denotes gross domestic product, C is private consumption, I is investment, G is government consumption (government spending), X is exports, and Im is imports. Exogenous variables Investment, Government spending and taxes T. endogenous variables gross domestic product, private consumption, exports, and imp...

1. Which of the following statements are correct? a. Macroeconomics studies the determination of the level of output and income for a specific firm. b. In macroeconomics we focus on the interaction between different markets, such as the goods market, the financial market, the labour market and the foreign exchange market. c. Real GDP per capita is widely used as a measure of economic welfare or wellbeing of the residents of a country. d. The main instrument of fiscal policy is the budget...

1.1 Calculate the business operating break-even point. Monthly fixed costs = R4 000 Selling price per unit = R10 000 ÷ 1 500 figurines = R6.67 Variable cost per unit = R6 Break-even point = = = 5 970 6 000 1.2 Calculate the EBIT on the departmental store order. Units sold 1 500 Price per unit [R10 000 ÷ 1 500 figurines] R6.67 Total Sales R10 000 Less: Fixed costs (R4 000) Variable cost per unit (R6) Total variable costs [R6 × 1 500 figurines] (R9 000) Total Expense (R1...

FIN3701 ASSIGNMENT 1 – UNIQUE CODE: Johan Roberts QUESTION 1 1.1) The R190 000 that was conducted for market research will be allocated to the Income statement under Operating Expenses with a sub heading called Research Development. The market research is an expense a business incurs through its normal business operations. The annual interest expenses will lower your cash flow and is recorded in the operating activities section in the business’s cash flow statement as well as the n...

QUESTION 1 Which ONE of the following was compiled/codified during the reign of the Emperor Justinian? 1 Corpus Iuris Civilis 2 Roman – Dutch Law 3 Customary Law 4 Common Law QUESTION 2 Which ONE of the following sources of the law has only persuasive authority in a South African court and is NOT viewed as an authoritative source? 1 Judgments of the Dutch courts before 1652 2 English law 3 Dutch legislation before 1652 4 Roman law QUESTION 3 Jane’s well-earned reputation as ...

QUESTION 1 1.1 This statement means that the South African law is not documented or registered into one, all-inclusive law of the government. This statement can be supported by the fact that our law has a historical source of a combination of three different laws namely, the Roman law, the Roman-Dutch las and the English law. 1.2 Registrar

QUESTION 1 Pg 428 The increasing spending power of the middle classes in Africa has also increased the expansion of the beer market. The ______________ market then consists of individuals or households purchasing products for their own consumption. 1 consumer 2 industrial 3 resale 4 government QUESTION 2 Pg 432 By segmenting consumers into social class, such as the middle-classes, Heineken is making use of ______________ segmentation. 1 geographic 2 demographic 3 psychographic 4 be...

MNB1601 Assignment 1 QUESTION 1 There are various classification criteria for service providers. ORTIA can be classified as providing _____________ services. 1 professional 2 mass 3 job 4 continuous Answer: 1 QUESTION 2 ORTIA had to follow certain stages in the design of their services. Which one of the following is NOT one of these stages? 1 Screening process 2 Evaluation and improvement 3 Work measurement 4 Concept generation Answer: 3 QUESTION 3 Airport operations

PYC1502 Semester 1: Assignment 01 (Unique number: ) Please choose the most correct option in each question. Question 1 Stress affects people in different ways and may lead to burnout. Which of the following is associated with burnout? 1. Burnout may develop when people are subjected to too much stress over a long period of time 2. Burnt-out people tend to feel emotionally drained and alienated from others 3. Feelings of inadequacy and having achieved nothing are common with burnout 4. ...

QUESTION 11 (a) A component (or stacked) bar chart is used when more than one relationship has to be depicted and thus it is used to describe data when each total figure is made up of two or more component parts. The overall height of the bar and the height of the divisions represent the actual figure for the period in question and over time while a multiple (or compound) bar chart enables comparisons to be made between two groups by placing the bars immediately adjacent in each case and i...