100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
ECS2602 ASSIGNMENT 2 SEMESTER 2 2024 The diagram illustrates _____________ monetary policy, the interest rate ___________, and the LM curve shifts _____________. Select one: A. an expansionary; decreases; downwards B. a contractionary; decreases; down $2.78
Add to cart

Exam (elaborations)

ECS2602 ASSIGNMENT 2 SEMESTER 2 2024 The diagram illustrates _____________ monetary policy, the interest rate ___________, and the LM curve shifts _____________. Select one: A. an expansionary; decreases; downwards B. a contractionary; decreases; down

2 reviews
 74 views  7 purchases
  • Course
  • Institution

ECS2602 ASSIGNMENT 2 SEMESTER 2 2024 The diagram illustrates _____________ monetary policy, the interest rate ___________, and the LM curve shifts _____________. Select one: A. an expansionary; decreases; downwards B. a contractionary; decreases; downwards C. an expansionary; increases; ...

[Show more]

Preview 4 out of 608  pages

  • September 4, 2024
  • 608
  • 2024/2025
  • Exam (elaborations)
  • Unknown

2  reviews

review-writer-avatar

By: lirahm69 • 3 months ago

reply-writer-avatar

By: BMZAcademy • 3 months ago

Thank you lirahm69 for the review, tell us if you need anything more about the assignment or the module or any other modules please get in touch through the provided details

review-writer-avatar

By: zulunokubonga12 • 3 months ago

reply-writer-avatar

By: BMZAcademy • 3 months ago

Thank you zulunokubonga12 for the review, tell us if you faced any challenge with the document or if you need anything more about the assignment or the module or any other modules please get in touch through the provided details

avatar-seller
BMZ ACADEMY




BMZ ACADEMY




@061 262 1185/068 053 8213



BMZ ACADEMY 061 262 1185/068 053 8213

, ECS2602-24-S2  Welcome to the module ECS2602-24-S2  Assessment 2

QUIZ




Question 1

Answer saved

Marked out of 1.00




This question is based on the following diagram:




The diagram illustrates _____________ monetary policy, the interest rate ___________, and the LM curve shifts _____________.

Select one:
A. an expansionary; decreases; downwards

B. a contractionary; decreases; downwards

C. an expansionary; increases; upwards

D. a contractionary; decreases; downwards

Clear my choice




CONTACT BMZ @>0612621185 068053 8213

, ECS2602-24-S2  Welcome to the module ECS2602-24-S2  Assessment 2

QUIZ




Question 4

Answer saved

Marked out of 1.00




If government spending decreases, what would be the impact on the interest rate in the IS-LM model?


Select one:
A. The interest rate is unchanged.

B. The interest rate will decrease.

C. The interest rate will increase.

D. The interest rate will first increase, then decrease.

Clear my choice




CONTACT BMZ @>0612621185 068053 8213

, ECS2602-24-S2  Welcome to the module ECS2602-24-S2  Assessment 2

QUIZ




Question 6

Answer saved

Marked out of 1.00




Comparing the impact in the IS-LM model for a closed economy of an expansionary monetary policy with an expansionary
fiscal policy on investment spending, the result is that:


Select one:
A. In both cases, investment spending increases since the interest rate decreases.

B. In the case of monetary policy, investment spending is lower because the interest rate is higher. In the case of fiscal
policy, investment spending is higher because the level of output and income is higher.

C. In the case of monetary policy, investment spending is higher because the interest rate is lower. In the case of fiscal
policy, investment spending is higher because the level of output and income is higher.

D. In both cases, investment spending is lower.

Clear my choice




CONTACT BMZ @>0612621185 068053 8213

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller BMZAcademy. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $2.78. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

53068 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$2.78  7x  sold
  • (2)
Add to cart
Added