Ecs 2602 - Study guides, Class notes & Summaries

This assignment contributes 40% towards your semester mark. Please ensure that this assignment reaches the university before the due date. Answer all questions on a mark-reading sheet. 1. Which of the following are fully exogenous variables in the IS-LM model? 1. Level of output, interest rate, investment, consumption spending. 2. Government spending, taxation, money supply, marginal propensity to consume. 3. Interest rate, demand for money, supply of money. 4. Consumption spending, invest...

ECS 2602 ASSIGNMENT 2 SEMESTER 1 2019 POSSIBLE SOLUTIONS ECS 2602 ASSIGNMENT 2 SEMESTER 1 2019 POSSIBLE SOLUTIONS ECS 2602 ASSIGNMENT 2 SEMESTER 1 2019 POSSIBLE SOLUTIONS

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University of South Africa ECS 2602 Exam Practice Questions and Answers All Correct Answers for Grade A+.

1. Which of the following statements are correct? a. Macroeconomics studies the determination of the level of output and income for a specific firm. b. In macroeconomics we focus on the interaction between different markets, such as the goods market, the financial market, the labour market and the foreign exchange market. c. Real GDP per capita is widely used as a measure of economic welfare or wellbeing of the residents of a country. d. The main instrument of fiscal policy is the budget...

1. Which of the following statements are correct? a. Macroeconomics studies the determination of the level of output and income for a specific firm. b. In macroeconomics we focus on the interaction between different markets, such as the goods market, the financial market, the labour market and the foreign exchange market. c. Real GDP per capita is widely used as a measure of economic welfare or wellbeing of the residents of a country. d. The main instrument of fiscal policy is the budget...

ECS2602-Macroeconomics Assignment 03 Answers

Jason Gary Geldenhuys ECS2602 Assignment 2 Semester 1 2013 Question 1 (7 marks) Identify the exogenous and endogenous variables in the goods market model. Y = C + I + G + X – Im Y denotes gross domestic product, C is private consumption, I is investment, G is government consumption (government spending), X is exports, and Im is imports. Exogenous variables Investment, Government spending and taxes T. endogenous variables gross domestic product, private consumption, exports, and imp...

ECS2602 ASSIGNMENT 01 SEMESTER 1 & 2 2021:ANSWERS WITH EXPLANATIONS

ECS2602 ECS2602 ASSIGNMENT 1 SEMESTER 2 - 2019 ECS2602 8/20/2019 1. Which of the following statements are correct? 2. Which of the following statements are correct? to bring about an increase in the interest rate in order to decrease the demand for goods in the economy. An increase is taxes implies the implementation of a contractionary fiscal policy. 3. Expenditure on the gross domestic product in South Africa is spending on goods and services produced within the borde...