Ecs2602 - Study guides, Study notes & Summaries

ECS2602 ASSIGNMENT 3 SEMESTER 1 2024 (MCQ ANSWERS)

ECS2602 ASSESSMENT 2 SEMESTER 1 2024

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 ASSIGNMENT 3 SEMESTER 1 2024 SEARCHABLE DOCUMENT

ECS2602 ASSIGNMENT 3 2024 SEMESTER 2 What happens to the implied real wage if the markup by rms increases? Select one: A. It decreases. B. It uctuates with the unemployment rate. C. It remains unchanged. D. It increases. According to the price-setting relation, which one of the following will NOT in uence price-setting by rms in an imperfectly competitive market? Select one: A. the relation between the inputs used in production and the quantity of output produced B. the...

ECS2602 MCQ ANSWERS ASSIGNMENT 2 SEMESTER 2 2023

ECS2602 ASSIGNMENT 2 SEMESTER 2 2024 The diagram illustrates _____________ monetary policy, the interest rate ___________, and the LM curve shifts _____________. Select one: A. an expansionary; decreases; downwards B. a contractionary; decreases; downwards C. an expansionary; increases; upwards D. a contractionary; decreases; downward If government spending decreases, what would be the impact on the interest rate in the IS-LM model? Select one: A. The interest rate is unchan...

ECS2602 ASSIGNMENT 1 SEMESTER 2 2024 This question is based on the following data for country PORTHOS for 2020. Marginal propensity to consume = 0.5 Autonomous consumption = R600 million Investment spending = R40 million Government spending = R280 million Taxes = R300 million An economist Dr Bright Sithole calculated that the gap between the current equilibrium level of output and incomE and the full employment level of income is R110 million. By how much must taxes decrease ...

ECS2602 Latest exam pack questions and answers and summarized notes for exam preparation. Updated for 2025. 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 .