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ECS1501 ASSESSMENT 1 2024 SEARCHABLE

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ECS1501 ASSESSMENT 1 2024 SEARCHABLE

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  • May 5, 2024
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  • 2023/2024
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, 5/5/24, 12:37 PM Assessment 1 (Opens 22 April): Attempt review




UNISA  2024  ECS1501-24-Y  Assessments  Assessment 1 (Opens 22 April)

QUIZ




Started on Sunday, 5 May 2024, 12:11 PM
State Finished
Completed on Sunday, 5 May 2024, 12:37 PM
Time taken 26 mins 5 secs
Marks 10.00/10.00
Grade 100.00 out of 100.00


Question 1
Complete

Not graded




I confirm

that this assessment will be my own individual work;

that I will not communicate with anyone else in any way during the completion of this assessment;

that I will not cheat in any way in completing and submitting this assessment.




I confirm.

I do not confirm.




Question 2

Complete

Mark 1.00 out of 1.00




Economic growth


creates unemployment.

shifts the PPC outward.

makes it more difficult for a nation to produce on its PPC.

has no opportunity cost.




Economic growth leads to an expansion of an economy's production possibilities. This results in an outward shift of the
entire PPC, indicating that the economy can produce more of both goods.




https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=18788535&cmid=869192 1/7

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