ECS2602 Macroeconomics (ECS2602)
University of South Africa
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ECS2602 Assesment 2 Macroeconomics
- Exam (elaborations) • 113 pages • 2024
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ECS2602 Assesment 2 Macroeconomics 
The term “full employment” refers to a situation in the economy … 
Select one: 
A. 
in which there is only frictional and structural unemployment. 
B. 
where everybody who wants to work is employed. 
C. 
in which there is only cyclical unemployment and frictional unemployment. 
D. 
where there is no unemployment in the economy. 
Question 2 
Correct 
Mark 1.00 out of 1.00 
Question text 
Flag question 
Which one of the following statements is correct rega...
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ECS2602 EXAM PACK 2024
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ECS2602 EXAM PACK 2024 Latest exam pack questions and answers and summarized notes for exam preparation.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 .
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ECS2602 - Test Bank.
- Exam (elaborations) • 98 pages • 2023
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ECS2602 - Test Bank. 100% CORRECT questions, answers, workings and explanations. Whatsapp +25479 093 7672 for assistance.
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ECS2602 - Summaries-and-notes.
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ECS2602 - Summaries-and-notes. 100% CORRECT questions, answers, workings and explanations. Whatsapp +25479 093 7672 for assistance.
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ECS2602 Exam Pack.
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ECS2602 Exam Pack. 100% CORRECT questions, answers, workings and explanations. Whatsapp +25479 093 7672 for assistance.
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ECS2602 Study Notes.
- Exam (elaborations) • 23 pages • 2023
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ECS2602 Study Notes. 100% CORRECT questions, answers, workings and explanations. Whatsapp +25479 093 7672 for assistance.
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ECS2602 EXAM PACK 2022
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GUIDELINES TO ANSWER THE OCT/NOV 2019 EXAMINTION PAPER: Unique 
number 
SECTION A: COMPULSORY (60 marks: 30 x 2 = 60) 
QUESTION 1 (5 marks) (x2 = 10 marks) 
a. It is where the change in G is equal to the change in T (∆G = ∆T) and the equal increase in 
government spending and taxes will still have a stimulatory impact on the level of output and
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ECS2602 ASSIGNMENT 1 SEMESTER 2 - 2019
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ECS2602 ASSIGNMENT 1 
SEMESTER 2 - 2019. 100% CORRECT questions, answers, workings and explanations. 1. Which of the following statements are correct? 
a. Macroeconomics studies the determination of the level of output and income 
for a specific firm. 
b. In macroeconomics we focus on the interaction between different markets, 
such as the goods market, the financial market, the labour market and the 
foreign exchange market. 
c. Real GDP per capita is widely used as a measure of economic welfar...
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ECS2602-TESTS-BANK
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ECS2602-TESTS-BANK. 100% CORRECT questions, answers, workings and explanations. Question 1 
Which of the following statements is/are correct? 
a) In this module we only study the demand side of the economy which includes the goods market and the financial 
market. The labour market form part of the supply side analysis and are therefore excluded from this module. 
b) The two most important accounts of the balance of payments are the current account and the financial account. 
c) If total output ...
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ECS2602 - ASSIGNMENT 4 - S2 - 2016.
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ECS2602 - ASSIGNMENT 4 - S2 - 2016.100% CORRECT questions, answers, workings and explanations. This assignment contributes 40% towards your semester mark. 
Please ensure that this assignment reaches the university before the due date. 
Answer all questions on a mark-reading sheet. 
1. Which of the following statements are correct? 
a. The nominal exchange rate is the relative price of domestic goods in terms of foreign goods. 
b. The real exchange rate is the price of the domestic currency in te...
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