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ECS2602 ASSIGNMENT 1 SEMESTER 2 2024 Which one of the following statements is correct? Select one: A. A decrease in the interest rate implies the implementation of expansionary monetary policy. B. Inflation targeting is an example of a stabilisation polic €4,04   In winkelwagen

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ECS2602 ASSIGNMENT 1 SEMESTER 2 2024 Which one of the following statements is correct? Select one: A. A decrease in the interest rate implies the implementation of expansionary monetary policy. B. Inflation targeting is an example of a stabilisation polic

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ECS2602 ASSIGNMENT 1 SEMESTER 2 2024 Which one of the following statements is correct? Select one: A. A decrease in the interest rate implies the implementation of expansionary monetary policy. B. Inflation targeting is an example of a stabilisation policy. C. An increase in taxes implies the ...

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DISCLAIMER: THIS IS NOT AN OFFICIAL GUIDE FROM UNISA. THE REPORT IS NOT
PREPARED NOR APPROVED BY UNISA, RATHER REPRESENTS A POSSIBLE
SOLUTION TO THE TASK CONSISTENT WITH THEORY. THIS ASSIGNMENT IS
INTENDED TO ASSIST STUDENTS IN GETTING STARTED WITH THEIR ASSIGNMENT,
AND IN NO CASE THIS DOCUMENT SHOULD BE USED FOR CHEATING. WE BELIEVE
THIS WILL BE A GOOD STARTING POINT AS IT WAS PREPARED BY OUR TEAM OF
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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,
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,8/10/24, 11:20 PM Assessment 1 (page 1 of 30)




UNISA  2024  ECS2602-24-S2  Welcome to the module ECS2602-24-S2  Assessment 1

QUIZ




Question 1

Answer saved

Marked out of 1.00




Which one of the following statements is INCORRECT?


Select one:
A. Expansionary fiscal policy decreases the budget deficit.

B. If the tax revenue of the government is larger than government spending, a budget surplus exists.

C. The main instrument of fiscal policy is the budget.

D. The main fiscal policy variables are government spending and taxation.

Clear my choice




https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=20766736&cmid=848061 1/1

,8/10/24, 11:20 PM Assessment 1 (page 2 of 30)




UNISA  2024  ECS2602-24-S2  Welcome to the module ECS2602-24-S2  Assessment 1

QUIZ




Question 2

Answer saved

Marked out of 1.00




Which one of the following statements is correct?


Select one:
A. A decrease in the interest rate implies the implementation of expansionary monetary policy.

B. Inflation targeting is an example of a stabilisation policy.

C. An increase in taxes implies the implementation of expansionary fiscal policy.

D. A contractionary monetary policy implies a decrease in the interest rate to increase the money supply.

Clear my choice




https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=20766736&cmid=848061&page=1 1/1

, 8/10/24, 11:20 PM Assessment 1 (page 3 of 30)




UNISA  2024  ECS2602-24-S2  Welcome to the module ECS2602-24-S2  Assessment 1

QUIZ




Question 3

Answer saved

Marked out of 1.00




This question is based on the following information regarding a goods market model:

Autonomous consumption = R450 million

Government spending = R300 million
Taxes = R200 million

Marginal propensity to consume = ¾

At an equilibrium income level of R2 400 million, the consumption spending is equal to _________.


Select one:
A. R1 650 million

B. R2 550 million

C. R2 100 million

D. R2 250 million

Clear my choice




https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=20766736&cmid=848061&page=2 1/1

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