Ecs 3701 exam pack 2023 - Study guides, Study notes & Summaries
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ECS3701 EXAM PACK 2024
- Exam (elaborations) • 156 pages • 2023
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This document contains latest exam pack exam questions and solutions.
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ECS3701 EXAM PACK 2023
- Exam (elaborations) • 200 pages • 2023
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ECS3701 MAY/JUN 2013 MEMO 
SECTION A COMPULSORY QUESTION 
QUESTION 1 
1.1 Differentiate between the following 
(i) Direct and indirect finance [4] 
-direct financing- borrowers borrow funds directly from lenders in the financial markets 
by selling them securities 
-Indirect finance- financial intermediary stands between lender-savers and borrowerspenders and helps transfer funds from one to the other 
(ii) Money market and capital market [4] 
The money market is a financia...
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ECS3701 EXAM PACK 2023
- Exam (elaborations) • 88 pages • 2023
- Available in package deal
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- R46,84
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Latest exam pack questions and answers and summarized notes for exam preparation.
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