Ecs2602 - Study guides, Class notes & Summaries

ECS2602 ASSIGNMENT 1 SEMESTER 1 2024 (MCQ ANSWERS)

ECS2602 ASSIGNMENT 1 SEMESTER 2 2024 This question is based on the following data for country PORTHOS for 2020. Marginal propensity to consume = 0.5 Autonomous consumption = R600 million Investment spending = R40 million Government spending = R280 million Taxes = R300 million An economist Dr Bright Sithole calculated that the gap between the current equilibrium level of output and incomE and the full employment level of income is R110 million. By how much must taxes decrease ...

ECS2602 ASSIGNMENT 2 SEMESTER 2 2024 The diagram illustrates _____________ monetary policy, the interest rate ___________, and the LM curve shifts _____________. Select one: A. an expansionary; decreases; downwards B. a contractionary; decreases; downwards C. an expansionary; increases; upwards D. a contractionary; decreases; downward If government spending decreases, what would be the impact on the interest rate in the IS-LM model? Select one: A. The interest rate is unchan...

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ECS2602 EXAM PACK 2023 Latest exam pack questions and answers and summarized notes for exam preparation. 100% TRUSTED workings, explanations and solutions. For assistance call or whatsapp us on 079 811 9845 .

ECS2602 ASSESSMENT 3 SEMESTER 2 2023 EXPECTED QUESTIONS AND ANSWERS

ECS2602 ASSIGNMENT 1 SEMESTER 2 2024

ECS2602 (Macroeconomics) LATEST EXAM PACK SOLUTIONS AND NOTES

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

ECS2602-TESTS-BANK. 100% CORRECT questions, answers, workings and explanations. 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 ...