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ECS1601 ASSIGNMENT AND EXAM RESOURCES 2024
ECS1601 ASSIGNMENT AND EXAM RESOURCES 2024
[Show more]ECS1601 ASSIGNMENT AND EXAM RESOURCES 2024
[Show more]ECS1601 ASSIGNMENT 2 2023 SEMESTER 2 QUESTIONS AND ANSWERS
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ECS1601 ASSESSMENT 4 SEMESTER 2 2023 EXPECTED QUESTIONS AND ANSWERS
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ECS1601 ASSESSMENT 2 2024 
Which one of the following statements regarding government spending and the financing of such spending is incorrect? 
a. Personal income tax is the only source of revenue that can be used to finance government spending. 
b. The income received from state-owned enterprises ...
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Add to cartECS1601 ASSESSMENT 2 2024 
Which one of the following statements regarding government spending and the financing of such spending is incorrect? 
a. Personal income tax is the only source of revenue that can be used to finance government spending. 
b. The income received from state-owned enterprises ...
ECS1601 ASSIGNMENT 9 2024 
In the circular flow of goods and services______ 
Select one: 
a. households are the suppliers of factors of production in the goods 
market. 
b. households combine various production inputs to produce outputs or 
goods and services. 
c. firms buy factors of production fro...
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Add to cartECS1601 ASSIGNMENT 9 2024 
In the circular flow of goods and services______ 
Select one: 
a. households are the suppliers of factors of production in the goods 
market. 
b. households combine various production inputs to produce outputs or 
goods and services. 
c. firms buy factors of production fro...
ECS1601 ASSESSMENT 3 
If a certain newspaper reports that “the construction sector was responsible for 1.8% of the GDP growth (for a specific period),this implies that the GDP has been measured according to...method. 
a. expenditure 
b. production 
c. income 
d. nominal prices
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Add to cartECS1601 ASSESSMENT 3 
If a certain newspaper reports that “the construction sector was responsible for 1.8% of the GDP growth (for a specific period),this implies that the GDP has been measured according to...method. 
a. expenditure 
b. production 
c. income 
d. nominal prices
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