Economics Ecs1601 (ECS1601)

ECS1601 Assignment 5 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 the South A...

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 ...

ECS1601_Assignment_05_Semester_01_2023 contains workings explanations and solutions which are 100% sure

Tutorial Letter 101/3/2016 Economics 1B ECS1601

ECS1601 Assignment 3 Semester 1 2023 100% TRUSTED workings, explanations and solutions. For assistance call or whatsapp us on +25479 811 9845 .

ECS1601- LATEST MCQs-. 2 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 alternative is [5]. Explanation In the goods market of the circular flow model, consumers receive income in the form of salaries and wages, ...

ECS1601 Assignment 4 Semester 1 2

ECS1601 Exam Preparation For 2022 – Past Papers with verified Answers. Which of the following is/are correct? a) Households are confronted with unlimited wants, but with limited resources with which to satisfy those wants b) The scarcity of resources necessitate households to make choices - ANS-both a and b are correct Which of the following is/are correct regarding the distinction between macroeconomics and microeconomics? a) The price of apples at the supermarket is an example of a m...

ECS1601 Exam Preparation For 2022 – Past Papers with verified Answers. Which of the following is/are correct? a) Households are confronted with unlimited wants, but with limited resources with which to satisfy those wants b) The scarcity of resources necessitate households to make choices - ANS-both a and b are correct Which of the following is/are correct regarding the distinction between macroeconomics and microeconomics? a) The price of apples at the supermarket is an example of a m...