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ECS2602 EXAM PACK 2022
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ECS2602 EXAM MEMO 2023
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ECS2602EXAM PACK
+27 81 278 3372
, OCTOBER NOVEMBER 2021
Part 1 of 14 - ECS2602 Exam_2021 Syllabus
Question 1 of 30 3.33 Points
This question is based on the following consumption function: C = 300 + 0.4Yp
If the level of disposable income (Yp) were to increase by 100, the level of autonomous
consumption will be:
. A. 340
,
. B. 400
~ © 6.100
-
. D. 300
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Part 2 of 14 - ECS2602 Exam_ 2021 Syllabus
Question 2 of 30 3.33 Points
This question is based on the following information regarding the goods market:
Marginal propensity to consume = 0.8
Which of the following policy actions will increase the level of output and income by a R1 000?
1. An increase in government spending of R200.
2. A decrease in taxation of R200.
3. A decrease in taxation of R250.
© ° A.Only1
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