Ecs1601 assignment 4 2023 Study guides, Study notes & Summaries
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ECS1601 Assignment 4 Semester 2 2023
- Exam (elaborations) • 7 pages • 2023
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ECS1601 Assignment 4 Semester 2 2023 . 100% TRUSTED Answers, guidelines, workings and references. Question 1 Answer saved Marked out of 1.00 Flag question Question text The distribution effects of inflation are best described by … a. the elderly benefiting at the expense of the young. b. creditors benefiting at the expense of debtors. c. borrowers benefiting at the expense of lenders. d. the poor benefiting at the expense of the rich. Clear my choice Question 2 Answer saved Marked out of 1.00 ...
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ECS1601 ASSIGNMENT 5 SEMESTER 1 2023
- Exam (elaborations) • 10 pages • 2023
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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...
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ECS1601 ASSIGNMENT 4
- Exam (elaborations) • 227 pages • 2023
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ECS1601 ASSIGNMENT 4 2023
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ECS1601 Assignment 4 Semester 1 2023 (749202)
- Exam (elaborations) • 17 pages • 2023
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This document contains suggested solutions & detailed explanations. For assistance, call or WhatsApp 081 565 7602.
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ECS1601_Assignment_1_Semester_1_2023
- Exam (elaborations) • 6 pages • 2023
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Reference: Prescribed book PG 60 
Households own factors of production (natural resources, labour, capital and entrepreneurship). They 
sell these factors to firms in the factor markets and receive rent (natural resources), wages and 
salaries (labour), interest (capital) and profit (entrepreneurship). Firms combine these factors of 
production to produce goods and services that are sold in the goods markets to households who use 
the income (derived from selling their factors of production) to ...
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ECS1601 Assignment 4 2023
- Exam (elaborations) • 7 pages • 2023
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revised standard
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