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ECS2602 ASSIGNMENT 3 SEMESTER 1 2024 SEARCHABLE DOCUMENT

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ECS2602 ASSIGNMENT 3 SEMESTER 1 2024 SEARCHABLE DOCUMENT

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  • 13 avril 2024
  • 476
  • 2023/2024
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Par: sibiyanomvuko14 • 6 mois de cela

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Par: passmatetutorials • 6 mois de cela

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DISCLAIMER: THIS IS NOT AN OFFICIAL GUIDE FROM UNISA. THE FRAMEWORK
IS NOT PREPARED NOR APPROVED BY UNISA, RATHER REPRESENTS A
POSSIBLE SOLUTION TO THE TASK CONSISTENT WITH THEORY. THIS
FRAMEWORK IS ONLY INTENDED TO ASSIST STUDENTS IN GETTING STARTED
WITH THEIR ASSIGNMENT, AND IN NO CASE THIS DOCUMENT SHOULD BE USED
FOR CHEATING, THUS NO STUDENT IS ENCOURAGED TO COPY THIS
DOCUMENT, NOR ITS SECTIONS FOR SUBMISSION. WE BELIEVE THE
FRAMEWORK WILL BE A GOOD STARTING POINT AS IT WAS PREPARED BY OUR
TEAM OF PROFESSIONAL PRIVATE TUTORS WHO ARE EXPERTS IN THE FIELD,
AND IT WAS PREPARED USING VARIOUS SOURCES. ANY SIMILARITY WITH ANY
EXISTING THEORY OR DISCUSSION BY OTHER AUTHORS IS EXCUSED. THE
AUTHORS HOWEVER DO NOT CLAIM MONOPOLY TO KNOWLEDGE HENCE
MODIFICATION OF THE ANSWERS CONTAINED IN THIS FRAMEWORK MAY NOT
BE PROHIBITED AS IT CONTRIBUTES TO EXPANSION OF KNOWLEDGE. FOR ANY
FURTHER GUIDELINE ABOUT THE INFORMATION CONTAINED HERE AND THE
MODULE IN GENERAL, CONTACT PASSMATE TUTORIALS.



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,PASSMATE TUTORIALS passmatetutorials@gmail.com




IMPORTANT NOTES TO CONSIDER



THIS IS ONLY A GUIDELINE OF EXPECTED AND POSSIBLE QUESTIONS AND
ANSWERS, NO ONE SHOULD SUBMIT IT FOR FINAL ASSESSMENT.

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AT PASSMATE TUTORIALS, WE WISH YOU THE BEST IN ALL YOUR STUDIES.

WE ARE YOUR MATES TO PASSING EXCELLENTLY IN ALL YOUR STUDIES.

DO NOT FORGET TO REACH OUT TO US FOR ANY FURTHER AND OTHER
ASSISTANCE!

GOOD LUCKY




PASSMATE TUTORIALS 061 262 1185/068 053 8213/0717 513 144

,4/13/24, 6:35 AM Assessment 3 (page 1 of 30)




UNISA  2024  ECS2602-24-S1  Welcome to the module ECS2602-24-S1  Assessment 3

QUIZ




Question 1

Answer saved

Marked out of 1.00




Which one of the following statements is INCORRECT regarding the IS and LM relations in an open economy?


Select one:
A. An increase in the interest rate has a negative impact on the exchange rate.

B. Given the domestic interest rate and the interest parity relation, the equilibrium interest rate determines the
equilibrium exchange rate.

C. The LM relation is the same in an open and closed economy and is a horizontal line.

D. The interest parity relation shows (given i*, Ēe) the following relationship: i↑ → E↑ and i↓ → E↓.

Clear my choice




https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=17486532&cmid=848054 1/1

, 4/13/24, 6:35 AM Assessment 3 (page 2 of 30)




UNISA  2024  ECS2602-24-S1  Welcome to the module ECS2602-24-S1  Assessment 3

QUIZ




Question 2

Answer saved

Marked out of 1.00




In the IS-LM model for an open economy, when a contractionary monetary policy is applied, the _____


Select one:
A. interest rate decreases, the LM curve shifts downwards and the level of output increases in the goods market.

B. interest rate decreases, the LM curve shifts downwards and the demand for goods decreases in the goods market.

C. interest rate increases, the LM curve shifts upwards and the level of output decreases in the goods market.

D. interest rate increases, the LM curve shifts upwards and investment spending increases in the goods market.

Clear my choice




https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=17486532&cmid=848054&page=1 1/1

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