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ECS1601 ASSIGNMENT 6 2023
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ECS1601 ASSIGNMENT 6 2023
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BMZ ACADEMYBMZ ACADEMY
@061 262 1185/068 053 8213/0717 513 144
BMZ ACADEMY 061 262 1185/068 053 8213/0717 513 144
,BMZ ACADEMY 061 262 1185/068 053 8213/0717 513 144
, BMZ ACADEMY
On calculations please check if it is the same figures, like the exchange rates, the
currency and denominations, so read careful before you take the answer, all answers
may be there for all the different figures, but if you do not read carefully you will
t6ake the wrong one; hence you need to read careful
BMZ ACADEMY 061 262 1185/068 053 8213/0717 513 144
, BMZ ACADEMY
Which of the following are three major flows in the economy as a whole?
a.
Spending, total income, and production.
b.
Total spending, total income, and total production.
c.
Saving, total investment, and spending.
d.
Total income, spending, and saving.
Nationalisation refers to …
a.
the acquisition of commercial companies by the public sector.
b.
the acquisition of private companies by the public sector.
c.
the acquisition of public companies by the private sector.
d.
the acquisition of mining companies by the private sector.
Which one of the following statements is not the macroeconomic objective used for
measuring the performance of the South African economy and that of other countries?
a.
The South African economy has experienced sluggish economic growth over the past
five years.
BMZ ACADEMY 061 262 1185/068 053 8213/0717 513 144
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