Ecs2602 test bank - Study guides, Study notes & Summaries

ECS2602 Test Bank 2023 Latest October November 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 .

ECS2602 TEST BANK (Questions and Answers) - 98 Pages

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 decreases with 2% during a specific year and the general price level increases wit...

ECS2602 - Test Bank. 100% CORRECT questions, answers, workings and explanations. Whatsapp +25479 093 7672 for assistance.

ECS2602 TEST BANK

ECS2602 TEST BANK 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 decreases with 2% during a specific year and the general pri...

ECS2602 EXAM PREP 2022 – Complete Questions & Answers. This is an all-inclusive and complete guide to ECS2602 - Macroeconomics. Autonomous consumption will ________________ while induced consumption is influenced by _________________. 1. decrease if income decreases the level of disposable income 2. increase if income increases non-income determinants of consumer spending 3. remain unchanged the level of disposable income 2018/1 1.4 2018/2 The difference between expenditure on the g...

ECS2602 Macroeconomics EXAM PACK 2022 (Complete Exam prep). ECS2602 TEST BANK 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 d...

ECS2602 Only Study Guide Macroeconomics II. This is an all-inclusive guide to ECS2602 - Macroeconomics Macroeconomics deals with the economy as a whole and not the behaviour and decisions of individual consumers, households and firms, as in microeconomics. Furthermore, macroeconomics involves determining and exploring the relationship between aggregate concepts (variables), and not determining the prices of individual goods and services through the interaction of demand and supply. In th...

ECS2602 TEST BANK 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 decreases with 2% during a specific year and the general pric...