Started on Wednesday, 16 November 2022, 10:32 PM
State Finished
Completed on Wednesday, 16 November 2022, 10:54 PM
Time taken 21 mins 59 secs
Marks 25.00/30.00
Grade 83.33 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
In the Keynesian model including the government and foreign sectors, imports are dependent on …
Select one:
a. investment.
b. exchange rates.
c. interest rates.
d. domestic income.
Question 2
Correct
Mark 1.00 out of 1.00
Suppose South Africa does not export nor import, but there is a government sector. Therefore, South Africa’s total spending formula can be
written as…
Select one:
a. A=C+I+G.
b. A=C+I+G+X+Z.
c. A=C+I.
d. A=C+I+G+X-Z.
oscar the tutor
oscardiura@gmail.com
+27844708483
for
FAC,MAC,ECS,DSC,TAX,FIN,INV
QMI,BNU,MNB,IOP ,tutoring
, Question 3
Incorrect
Mark 0.00 out of 1.00
The question is based on the following information.
Given autonomous consumption of R300, marginal propensity to consume of ¾, and level of income of R1000.
What is the amount of total saving is
oscar the tutor
oscardiura@gmail.com
Answer: +27844708483
for
50.00
FAC,MAC,ECS,DSC,TAX,FIN,INV,Q
MI,BNU,MNB,IOP ,tutoring
Question 4
Correct
Mark 1.00 out of 1.00
Which of the following is correct about an increase in interest rate in the Keynesian model?
Select one:
a. increase investment
b. decrease investment
c. increase price levels
d. decrease price levels