Ecs1601 all in one - Study guides, Class notes & Summaries
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ECS1601 Assignment 7 (ALTERNATIVE) 2024 - DUE 2 November 2024
- Exam (elaborations) • 13 pages • 2024
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ECS1601 Assessment 7 - Alternative 2024 – DUE 2 November 2024 ;100 % TRUSTED workings, Expert Solved, Explanations and Solutions. For assistance call or W.h.a.t.s.a.p.p us on ...(.+.2.5.4.7.7.9.5.4.0.1.3.2)........... 
Question 1 (5 marks) Maximum word count: 100 words 
1.1 Suppose you live in South Africa and have the option to buy proudly South African products or international brands. With reference to the circular flow of goods and services and the circular flow of income and spending bet...
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ECS1601 ASSIGNMENT 7 DUE 02 NOVEMBER 2024
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Question 1 (5 marks) Maximum word count: 100 words 
1.1 
Suppose you live in South Africa and have the option to buy proudly South African products or international brands. With reference to the circular flow of goods and services and the circular flow of income and spending between households, firms, government and the foreign sector, provide an explanation as to why it is better to purchase the proudly South African products and also explain the oppor...
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ECS1601 ASSIGNMENT 7 (COMPLETE ANSWERS) 2024 - DUE 02 NOVEMBER 2024 Course Economics IB (ECS1601)
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ECS1601 ASSIGNMENT 7 (COMPLETE ANSWERS) 2024 - DUE 02 NOVEMBER 2024Question 1 (5 marks) Maximum word count: 100 words 1.1 Suppose you live in South Africa and have the option to buy proudly South African products or international brands. With reference to the circular flow of goods and services and the circular flow of income and spending between households, firms, government and the foreign sector, provide an explanation as to why it is better to purchase the proudly South African products and ...
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ECS1601 Assignment 7 2024 | Due 2 November 2024
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ECS1601 Assignment 7 2024 | Due 2 November 2024. All questions answered. Question 1 
1.1. Suppose you live in South Africa and have the option to buy proudly South African 
products or international brands. With reference to the circular flow of goods and services and 
the circular flow of income and spending between households, firms, government and the foreign 
sector, provide an explanation as to why it is better to purchase the proudly South African 
products and also explain the opportu...
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ECS1601 Assessment 7 - Alternative 2024 – DUE 2 November 2024 ;100 % TRUSTED workings, Expert Solved, Explanations and Solutions.
- Exam (elaborations) • 14 pages • 2024
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ECS1601 Assessment 7 - Alternative 2024 – DUE 2 November 2024 ;100 % TRUSTED workings, Expert Solved, Explanations and Solutions. Question 1 (5 marks) Maximum word count: 100 words 1.1 Suppose you live in South Africa and have the option to buy proudly South African products or international brands. With reference to the circular flow of goods and services and the circular flow of income and spending between households, firms, government and the foreign sector, provide an explanation as to why...
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ECS1601 Assessment 7 Attempt Review 2023
- Exam (elaborations) • 19 pages • 2023
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ECS1601 Assessment 7 Attempt review 
Economics IB (University of South Africa) 
lOMoARcPSD| 
Started on Wednesday, 8 June 2022, 6:11 PM 
State Finished 
Completed on Wednesday, 8 June 2022, 7:57 PM 
Time taken 1 hour 46 mins 
Marks 17.00/30.00 
Grade 56.67 out of 100.00 
Question 1 
Incorrect 
Mark 0.00 out of 1.00 
Question 2 
Correct 
Mark 1.00 out of 1.00 
What type of unemployment would occur when there is general downturn in economic activity? 
Select one: 
a. seasonal unemployment 
b. ...
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ECS1601 Assignment 5 (PRACTICE) Semester 1 2023
- Exam (elaborations) • 10 pages • 2023
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ECS1601 Assignment 5 (PRACTICE) Semester 1 2023 100% TRUSTED workings, explanations and solutions. For assistance call or whatsapp us on +25477 954 0132 . 
[Questions] 
Question 1 (5 marks) Maximum word count: 100 words 
Suppose that you are at a retail store with your family. You come across two T-shirts, one made in 
South Africa and another made in the USA. With reference to the circular flow of income, 
withdrawals and injection, provide an explanation as to why it is better to purchase ...
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ECS1601 Assignment 2 (DETAILED ANSWERS) 2024 - DISTINCTION GUARANTEED
- Exam (elaborations) • 71 pages • 2024
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ECS1601 Assignment 2 (DETAILED ANSWERS) 2024 - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED Answers, guidelines, workings and references ... Which one of the following is most likely to increase the demand for US dollars on the South 
African foreign exchangemarket? 
a. 
a decrease in international tourism by South Africans. 
b. 
a recession in South Africa. 
c. 
an expected decline in the value of the rand relative to the dollar. 
d. 
a fall in the interest rates in ...
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ECS1601 Assignment 6 (ANSWERS) Semester 1 2023 (749679) - Due 6 June 2023
- Exam (elaborations) • 162 pages • 2022
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ECS1601 Assignment 6 (ANSWERS) Semester 1 2023 () - Due 6 June 2023 100% TRUSTED workings, explanations and solutions. Whatsapp 067 171 1739 for assistance. ................................................ Households are confronted with………, but with ………resources with which to satisfy those wants. 
a. 
unlimited wants; limited 
b. 
limited wants; limited 
c. 
unlimited wants; unlimited 
d. 
limited wants; unlimited 
Households are confronted with unlimited wants, but with limited...
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ECS1601 EXAM PACK 2024
- Exam (elaborations) • 228 pages • 2023
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ECS1601Test bank with answers 
Economics, past exam papers 
Exam-Pack-Index From 
, assignment 1, 
assignment 2, .. ..complete 
solutions 
1 
ECS1601 TEST BANK 
Question 1 
In the goods market of the circular flow model, …. 
1) firms buy factors of production from consumers 
2) firms buy finished products from households 
3) consumers buy factors of production from firms 
4) firms sell factors of production to the government 
5) consumers buy finished products from firms The correct...
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