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ECS2603 ASSESSMENT 6 EXPECTED QUESTIONS AND SOLUTIONS SEM 2 OF 2024 CA$8.81   Add to cart
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Exam (elaborations)

ECS2603 ASSESSMENT 6 EXPECTED QUESTIONS AND SOLUTIONS SEM 2 OF 2024

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  • Course
  • South African Economic Indicators (ECS2603)
  • Institution
  • University Of South Africa (Unisa)

THIS DOCUMENT CONTAINS ECS2603 ASSESSMENT 6 EXPECTED QUESTIONS AND SOLUTIONS AS WELL AS ADDITIONAL RESOURCES, SEM 2 OF 2024. CORRECT USE AS A GUIDE WILL HELP YOU SCORE ABOVE 80%

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Document information

  • September 30, 2023
  • 30
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

Subjects

  • ecs2603

Written for

  • University of South Africa (Unisa)
  • South African Economic Indicators (ECS2603)
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By: mncwangoandiswa858 • 5 months ago

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By: marshajason1987 • 5 months ago

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Question 1

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Universities and universities of technology are part of central government.

True
False

Clear my choice




Question 2

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The public sector consists of the general government excluding the public corporations.

True
False

Clear my choice




Question 3

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General government is obtained by adding central government to provincial governments as well as local
governments. This includes for instance the nine provincial legislators.

True
False

,Question 7

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The question is based on the following information:
Item R million
Total government revenue 510
Total government expenditure 556
Current government revenue 490
Current government expenditure 520
Non-interest expenditure 500
Cyclically adjusted revenue 480
Cyclically adjusted expenditure 500
The conventional budget balance is R____million.
If the balance is negative indicate it using the minus sign in your answer for instance -32




Answer: -46

, Question 8

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M arked out of 3.00




The question is based on the following information:
Item R million
Total government revenue 510
Total government expenditure 540
Current government revenue 490
Current government expenditure 525
Non-interest expenditure 500
Cyclically adjusted revenue 480
Cyclically adjusted expenditure 500
The current budget balance is R____million.
If the balance is negative indicate it using the minus sign in your answer for instance -32




Answer: -35

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