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ecs1500 Assignment 6 (COMPLETE ANSWERS) 2024 Due 9 September
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ECS 1500ASSIGNMENT 6 SEMESTER 2 2024
Use this document as a guide to learn, compare and reference
,Expectview tutors
, Started on Monday, 15 July 2024, 7:24 PM
State Finished
Completed on Monday, 15 July 2024, 7:32 PM
Time taken 8 mins 25 secs
Marks 38.00/40.00
Grade 95.00 out of 100.00
Feedback
Excellent work! You seem to understand the content of Learning Units 8, 9 and 10 well. Please read the feedback provided for each question ca
make sure you agree with the explanations provided. Note that you are allowed to submit 3 attempts for this assessment and that the marks fo
attempt will contribute towards your final credits.
Question 1 The fact that the first (provisional) estimates of gross domestic product (GDP) become available only after a lag of about six weeks, forms
Correct part of the ...
Mark 2.00 out of
2.00 Select one:
Flag a. implementation lag.
question
b. impact lag.
c. recognition lag.
d. decision lag.
Question 2
Which of the statements is true regarding foreign exchange?
Correct
Mark 2.00 out of
2.00
Flag a. An appreciation of the rand can be expected to increase exports.
question
b.
An appreciation of the rand against the Pula means that you will now have to pay more rand for a Botswana Pula.
c. When the exchange rate of the rand against the Botswana Pula changes from 1 Pula = R0,13 to 1 Pula = R0,15, it indicates that the
rand appreciates against the Pula.
d.
When the exchange rate of the rand against the pula changes from R1=0,77 Pula to R1=0,84 Pula, it indicates that the rand
appreciates against the Pula.
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