Ecs1601.
University of South Africa
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ECS1601 TEST BANK Macroeconomics (University of South Africa)
- Exam (elaborations) • 229 pages • 2023
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- R299,21
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ECS1601 TEST BANK Macroeconomics (University of South Africa) 
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 alternative is [5]. Explanation 
In the goods market of the circular flow model, ...
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ECS1601 TEST BANK Macroeconomics (University of South Africa)
- Exam (elaborations) • 229 pages • 2023
-
- R299,21
- + learn more
ECS1601 TEST BANK Macroeconomics (University of South Africa) 
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 alternative is [5]. Explanation 
In the goods market of the circular flow model, ...
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ECS1601 TEST BANK Macroeconomics (University of South Africa)
- Exam (elaborations) • 229 pages • 2023
-
- R308,56
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ECS1601 TEST BANK Macroeconomics (University of South Africa)
-
ECS1601 TEST BANK Macroeconomics (University of South Africa)
- Exam (elaborations) • 229 pages • 2023
-
- R233,75
- + learn more
ECS1601 TEST BANK Macroeconomics (University of South Africa) 
 
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 alternative is [5]. Explanation 
In the goods market of the circular flow model, ...
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ECS1601 Assignment 2 Semester 2 2022 | UPDATED / 100% CORRECT
- Exam (elaborations) • 76 pages • 2023
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- R233,75
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ECS1601 Assignment 2 Semester 2 2022 | UPDATED / 100% CORRECT
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Ecs1601 assignment 2 2022 Q&A
- Exam (elaborations) • 14 pages • 2023
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- R233,75
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Ecs1601 assignment 2 2022 Q&AEcs1601 assignment 2 2022 Q&A 
2.1	An appropriate government intervention in the economy … 
 
 
[1]	is to encourage a monopolistic market that satisfies the aggregate demand for goods and services by the public. 
[2]	is to get involved in the economic sectors where the private sector is producing goods and services more efficiently. 
[3]	involves measures to correct market failure and provision of public goods and services. 
[4]	has to do with taking income from th...
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Ecs1601 assignment 2 2022 Q&A
- Exam (elaborations) • 14 pages • 2023
-
- R224,40
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Ecs1601 assignment 2 2022 Q&AEcs1601 assignment 2 2022 Q&A 
2.1	An appropriate government intervention in the economy … 
 
 
[1]	is to encourage a monopolistic market that satisfies the aggregate demand for goods and services by the public. 
[2]	is to get involved in the economic sectors where the private sector is producing goods and services more efficiently. 
[3]	involves measures to correct market failure and provision of public goods and services. 
[4]	has to do with taking income from th...
-
Ecs1601 assignment 2 2022 Q&A
- Exam (elaborations) • 14 pages • 2023
-
- R233,75
- + learn more
Ecs1601 assignment 2 2022 Q&AEcs1601 assignment 2 2022 Q&A 
2.1	An appropriate government intervention in the economy … 
 
 
[1]	is to encourage a monopolistic market that satisfies the aggregate demand for goods and services by the public. 
[2]	is to get involved in the economic sectors where the private sector is producing goods and services more efficiently. 
[3]	involves measures to correct market failure and provision of public goods and services. 
[4]	has to do with taking income from th...
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