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ECS1601 ASSIGNMENT E EXPECTED QUESTIONS AND ANSWERS //
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- University Of South Africa (Unisa)
ECS1601 ASSIGNMENT E EXPECTED QUESTIONS AND ANSWERS //
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PASSMATE TUTORIALS passmatetutorials@gmail.comDISCLAIMER: THIS IS NOT AN OFFICIAL GUIDE FROM UNISA. THE FRAMEWORK
IS NOT PREPARED NOR APPROVED BY UNISA, RATHER REPRESENTS A
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CONTACT PASSMATE TUTORIALS @061 262 1185/068 053 8213/0717 513 144 OR
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Which one of the following will not be appropriate in an attempt to combat demand-pull
inflation?
a.
An increase in interest rates
b.
An increase in taxes
c.
A decrease in government spending
d.
Measures to decrease the productivity of labour
***********************************************************************
In the case of demand-pull inflation, an increase in the general price level is
accompanied by … in total production. In the case of cost-push inflation, an increase in
the general price level is accompanied by…in total production.
a.
a decrease; an increase
b.
a decrease; a decrease
c.
an increase; an increase
d.
an increase; a decrease
******************************************************************
Which one of the following is an example of inflation?
a.
A 4% increase in the tax rate.
b.
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