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ECS1601 ASSIGNMENT E EXPECTED QUESTIONS AND ANSWERS //

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ECS1601 ASSIGNMENT E EXPECTED QUESTIONS AND ANSWERS //

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  • May 15, 2023
  • May 15, 2023
  • 34
  • 2022/2023
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DISCLAIMER: THIS IS NOT AN OFFICIAL GUIDE FROM UNISA. THE FRAMEWORK
IS NOT PREPARED NOR APPROVED BY UNISA, RATHER REPRESENTS A
POSSIBLE SOLUTION TO THE TASK CONSISTENT WITH THEORY. THIS
FRAMEWORK IS ONLY INTENDED TO ASSIST STUDENTS IN GETTING STARTED
WITH THEIR ASSIGNMENT, AND IN NO CASE THIS DOCUMENT SHOULD BE USED
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PASSMATE TUTORIALS 061 262 1185/068 053 8213/0717 513 144

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Which one of the following will not be appropriate in an attempt to combat demand-pull
inflation?


a.
An increase in interest rates

b.
An increase in taxes

c.
A decrease in government spending

d.
Measures to decrease the productivity of labour


***********************************************************************
In the case of demand-pull inflation, an increase in the general price level is
accompanied by … in total production. In the case of cost-push inflation, an increase in
the general price level is accompanied by…in total production.


a.
a decrease; an increase

b.
a decrease; a decrease

c.
an increase; an increase

d.
an increase; a decrease



******************************************************************
Which one of the following is an example of inflation?


a.
A 4% increase in the tax rate.

b.

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