100% tevredenheidsgarantie Direct beschikbaar na je betaling Lees online óf als PDF Geen vaste maandelijkse kosten
logo-home
Eerder door jou gezocht
Eerder door jou gezocht
logo
ECS1601 ASSESSMENT 9 alternative to 1 2024 Which of the following best describes natural resources? Select one: a. They are unlimited in supply. b. They are remunerated by rent. c. They consist of machines, buildings and tools. d. They can be repla €2,61
In winkelwagen
Snel navigeren naar
Voorbeeld
  2.  
  3. University Of South Africa (Unisa)
  4.  
  5. Economics IB (ECS1601)

Tentamen (uitwerkingen)

ECS1601 ASSESSMENT 9 alternative to 1 2024 Which of the following best describes natural resources? Select one: a. They are unlimited in supply. b. They are remunerated by rent. c. They consist of machines, buildings and tools. d. They can be repla
 0 keer verkocht
  • Vak
  • Economics IB (ECS1601)
  • Instelling
  • University Of South Africa (Unisa)
  • Boek
  • Economics for South African Students

ECS1601 ASSESSMENT 9 alternative to 1 2024 Which of the following best describes natural resources? Select one: a. They are unlimited in supply. b. They are remunerated by rent. c. They consist of machines, buildings and tools. d. They can be replaced. In the circular ow of goods ...

[Meer zien]

Voorbeeld 4 van de 108  pagina's

Document informatie

  • 4 augustus 2024
  • 108
  • 2024/2025
  • Tentamen (uitwerkingen)
  • Vragen en antwoorden

Onderwerpen

  • ecs1601 assessment 9 alternative to 1 2024

Gekoppeld boek

book image

Titel boek:

Auteur(s):

  • Uitgave:
  • ISBN:
  • Druk:

Geschreven voor

  • University of South Africa (Unisa)
  • Economics IB (ECS1601)
Alle documenten voor dit vak (171)

Verkoper

avatar-seller
BMZAcademy

Ontvangen beoordelingen

Voorbeeld van de inhoud

BMZ ACADEMY




BMZ ACADEMY




BMZ ACADEMY Page 1 of 14

1|Page

,8/4/24, 5:02 AM Assessment 9: Alternative Assessment 1: Attempt review




UNISA  2024  ECS1601-24-Y_AS2  Introduction  Assessment 9: Alternative Assessment 1

QUIZ




Started on Sunday, 4 August 2024, 4:36 AM
State Finished
Completed on Sunday, 4 August 2024, 4:54 AM
Time taken 18 mins 45 secs
Marks 15.00/16.00
Grade 9.38 out of 10.00 (93.75%)


Question 1
Complete

Mark 1.00 out of 1.00




Which of the following statements is true with regard to injection and leakage in the domestic economy?


Select one:
a. The income gains by households and firms in the circular flow of income and spending are injections.
b. Government spending on imports is an injection because money is added to the circular flow of income and
spending.
c. Spending by foreign countries on a domestic economy constitutes an injection in the circular flow of income and
spending.
d. Injection occurs when there is an outflow of money from the circular flow of income and spending to the
government.




Question 2
Complete

Mark 1.00 out of 1.00




Which one of the following statements describe a leakage from the circular flow of income and spending in South Africa?


Select one:
a. Investment by a Lesotho beer company in a new brewery in South Africa.
b. A decision by a major supermarket chain to sell chicken from Brazil.
c. The sale of fruit exports to the European Union.
d. Defence expenditure by South African government, via contracts with local companies.




https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=20548014&cmid=1026068 1/10

,8/4/24, 5:02 AM Assessment 9: Alternative Assessment 1: Attempt review

Question 3

Complete

Mark 1.00 out of 1.00




Which of the following best describes natural resources?


Select one:
a. They are unlimited in supply.
b. They are remunerated by rent.
c. They consist of machines, buildings and tools.
d. They can be replaced.




Question 4

Complete

Mark 1.00 out of 1.00




In the circular flow of goods and services______


Select one:
a. households are the suppliers of factors of production in the goods market.
b. households combine various production inputs to produce outputs or goods and services.
c. firms buy factors of production from households in the good market.
d. production inputs offered for sale on the factor market are traded by households.




Question 5
Complete

Mark 1.00 out of 1.00




Which of the following statements about the circular flow of production, income, and spending is/are true?
(1) Firms are sellers in the factor market and buyers in the goods markets.

(2) In the real sector, both factors of production and goods and services are traded.

(3) In the circular flow of economic activity, the financial sector operates independently of the real sector.

(4) Households are both sellers and buyers in the flow of economic activities.


Select one:
a. (2) (3)

b. (4)

c. (1) (3) (4)

d. (1) (4)




https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=20548014&cmid=1026068 2/10

, 8/4/24, 5:02 AM Assessment 9: Alternative Assessment 1: Attempt review

Question 6

Complete

Mark 1.00 out of 1.00




Which of the following statements is/are NOT an example of macroeconomics?


a) An increase in the general price level in the economy.

b) Shoprite (Africa’s largest supermarket retailer)'s decision to keep the price of basic goods unchanged even when inflation
is rising.

c) The price of oranges at the supermarket.


a. a only
b. a and b
c. b and c
d. a, b and c



Refer to the distinction between macroeconomics and microeconomics on page 2 of the prescribed textbook.




Question 7

Complete

Mark 1.00 out of 1.00




Have a look at the following information and answer the question below.

Suppose that a firm is spending R49 million per month on salaries, which are allocated as follows:

Monthly Salaries - 2020 Monthly Salaries - 2021

CEO R 21 million R 22 million

Executives R 15 million R 16 million

Three thousand employees R 13 million R 14 million



Assume that the CEO spend 0.5%, while executives spend 2% and employees 65% of their monthly salaries on goods and
services in both years.


(Round off your answers to two decimals). Example on how you should type in your answers:
For percentage answer: 1,55%
For amount answer: 300,56




Calculate the percentage change for CEO’s monthly salary between 2020 and 2021. Type in your answer 4,76%




https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=20548014&cmid=1026068 3/10

Dit zijn jouw voordelen als je samenvattingen koopt bij Stuvia:

Bewezen kwaliteit door reviews

Bewezen kwaliteit door reviews

Studenten hebben al meer dan 850.000 samenvattingen beoordeeld. Zo weet jij zeker dat je de beste keuze maakt!

In een paar klikken geregeld

In een paar klikken geregeld

Geen gedoe — betaal gewoon eenmalig met iDeal, creditcard of je Stuvia-tegoed en je bent klaar. Geen abonnement nodig.

Direct to-the-point

Direct to-the-point

Studenten maken samenvattingen voor studenten. Dat betekent: actuele inhoud waar jij écht wat aan hebt. Geen overbodige details!

Veelgestelde vragen

Wat krijg ik als ik dit document koop?

Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.

Tevredenheidsgarantie: hoe werkt dat?

Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.

Van wie koop ik deze samenvatting?

Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper BMZAcademy. Stuvia faciliteert de betaling aan de verkoper.

Zit ik meteen vast aan een abonnement?

Nee, je koopt alleen deze samenvatting voor €2,61. Je zit daarna nergens aan vast.

Is Stuvia te vertrouwen?

4,6 sterren op Google & Trustpilot (+1000 reviews)

Afgelopen 30 dagen zijn er 65352 samenvattingen verkocht

Opgericht in 2010, al 15 jaar dé plek om samenvattingen te kopen

Begin nu gratis

Laatst bekeken door jou

Tentamen (uitwerkingen) ·

(1)

ENG2613 ASSIGNMENT 3 DUE 5 AUGUST 2024 Consider the following statement: “Choosing a book for learners is the first step to turning them into enthusiastic readers.” Drawing on all the knowledge yo

Voordeelbundel ·

(0)

Foreign Service Officer Test (FSOT) Practice 1 Questions and Answers, Foreign Service Officer Test (FSOT) World Affairs Questions and Answers With Solution, FSOT Practice Questions and Answers 100% Co

Tentamen (uitwerkingen) ·

(0)

Test Bank for Anthropology of Religion, Magic, and Witchcraft, 3rd Edition BY BAILEY Test Bank for Anthropology of Religion, Magic, and Witchcraft, 3rd Edition BY BAILEY Test Bank for Anthropology of

Overig ·

(0)

A standard normal distribution allows researchers to calculate the probability of randomly obtaining a score from the distribution or sample. For example, there is a 68% probability of randomly select

Tentamen (uitwerkingen) ·

(0)

Other NR 305 Week 3 Discussion Topic, Assessment of the Neurological System NR 305 Week 3 Discussion Assessment of the Neurological System 1) The possible cause of Randy’s symptoms could be from a c

Samenvatting ·

(0)

Week 4 Journal.docx BUS687 Week 4 - Journal BUS687: MBA Capstone The simulation has presented numerous ideas, concepts, and strategies directly applied to my current role and future administrativ

Tentamen (uitwerkingen) ·

(2)

AFSB 152 ACTUAL EXAM TEST BANK ALL QUESTIONS AND WELL ELABORATED ANSWERS ALREADY A +GRADED HIGHLY AFSB 152 ACTUAL EXAM TEST BANK ALL QUESTIONS AND WELL ELABORATED ANSWERS ALREADY A GRADED HIGHL

Voordeelbundel ·

(0)

HCB Test 1 – Questions and Answers Latest Updated, HCB Exam Questions and Answers, HCB 102 Test 3 Questions with Answers, HCB Test 2 184 Questions With Complete Answers, HCB 101 HM 1 Test Questions

Overig ·

(0)

CLAYTON’S BASIC PHARMACOLOGY FOR NURSES 18TH EDITION BY WILLIHNGANZTESTBANKCLAYTON’S BASIC PHARMACOLOGY FOR NURSES 18TH EDITION BY WILLIHNGANZTESTBANKTEST BANK FOR CLAYTON’S BASIC PHARMACOLOGY F

€2,61
  • (0)
In winkelwagen
Toegevoegd