Ecs1601 - Study guides, Class notes & Summaries
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![ECS1601 Assignment 7 (DETAILED ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED](/docpics/6541781/672502fd14384_6541781_121_171.jpeg)
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ECS1601 Assignment 7 (DETAILED ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED
- Exam (elaborations) • 7 pages • 2024
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ECS1601 Assignment 7 (DETAILED ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED Answers, guidelines, workings and references ,... Question 1 (5 marks) Maximum word count: 100 words 1.1 Suppose you live in South Africa and have the option to buy proudly South African products or international brands. With reference to the circular flow of goods and services and the circular flow of income and spending between households, firms, government and the...
![ECS1601 UPDATED ACTUAL Questions and CORRECT Answers](/docpics/6654943/673b21c368bd6_6654943_121_171.jpeg)
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ECS1601 UPDATED ACTUAL Questions and CORRECT Answers
- Exam (elaborations) • 81 pages • 2024
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ECS1601 UPDATED ACTUAL Questions 
and CORRECT Answers 
Which of the following is/are correct? 
a) Households are confronted with unlimited wants, but with limited resources with which to 
satisfy those wants 
b) The scarcity of resources necessitate households to make choices - CORRECT 
ANSWER- both a and b are correct
![ECS1601 EXAM QUESTIONS WITH CORRECT VERIFIED SOLUTIONS 100% GUARANTEED PASS (LATEST UPDATE)](/docpics/6600102/673159a8a6eba_6600102_121_171.jpeg)
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ECS1601 EXAM QUESTIONS WITH CORRECT VERIFIED SOLUTIONS 100% GUARANTEED PASS (LATEST UPDATE)
- Exam (elaborations) • 90 pages • 2024
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ECS1601 EXAM QUESTIONS WITH CORRECT VERIFIED SOLUTIONS 100% GUARANTEED PASS (LATEST UPDATE)ECS1601 EXAM QUESTIONS WITH CORRECT VERIFIED SOLUTIONS 100% GUARANTEED PASS (LATEST UPDATE)ECS1601 EXAM QUESTIONS WITH CORRECT VERIFIED SOLUTIONS 100% GUARANTEED PASS (LATEST UPDATE)ECS1601 EXAM QUESTIONS WITH CORRECT VERIFIED SOLUTIONS 100% GUARANTEED PASS (LATEST UPDATE)ECS1601 EXAM QUESTIONS WITH CORRECT VERIFIED SOLUTIONS 100% GUARANTEED PASS (LATEST UPDATE)ECS1601 EXAM QUESTIONS WITH CORRECT VERIFIED ...
![ECS1601 FINAL EXAM QUESTIONS WITH VERIFIED SOLUTIONS 100% VERIFIED 2026!! | ALREADY GRADED A+](/docpics/7005928/67873869de7ee_7005928_121_171.jpeg)
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ECS1601 FINAL EXAM QUESTIONS WITH VERIFIED SOLUTIONS 100% VERIFIED 2026!! | ALREADY GRADED A+
- Exam (elaborations) • 75 pages • 2025
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ECS1601 FINAL EXAM QUESTIONS WITH VERIFIED SOLUTIONS 100% VERIFIED 2026!! | ALREADY GRADED A+/ECS1601 FINAL EXAM QUESTIONS WITH VERIFIED SOLUTIONS 100% VERIFIED 2026!! | ALREADY GRADED A+/ECS1601 FINAL EXAM QUESTIONS WITH VERIFIED SOLUTIONS 100% VERIFIED 2026!! | ALREADY GRADED A+
ECS1601 Assignment 07 Updated 2024/2025 with complete solution
![ECS1601 Exam Questions and Answers 100% Solved | Graded A+](/docpics/6838751/67613a5359e8a_6838751_121_171.jpeg)
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ECS1601 Exam Questions and Answers 100% Solved | Graded A+
- Exam (elaborations) • 144 pages • 2024
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ECS1601 Exam Questions and Answers 
100% Solved | Graded A+ 
Which of the following is/are correct? 
a) Households are confronted with unlimited wants, but with limited 
resources with which to satisfy those wants 
b) The scarcity of resources necessitate households to make choices - 
both a and b are correct 
Which of the following is/are correct regarding the distinction between 
macroeconomics and microeconomics? 
a) The price of apples at the supermarket is an example of a 
macroeconomic var...
![ECS1601 FINAL EXAM /ACTUAL COMPLETE REAL EXAM QUESTIONS WITH VERIFIED SOLUTIONS 100% VERIFIED 2025!! | ALREADY GRADED A+ .](/docpics/7010557/6787da2a60571_7010557_121_171.jpeg)
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ECS1601 FINAL EXAM /ACTUAL COMPLETE REAL EXAM QUESTIONS WITH VERIFIED SOLUTIONS 100% VERIFIED 2025!! | ALREADY GRADED A+ .
- Exam (elaborations) • 121 pages • 2025
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ECS1601 FINAL EXAM /ACTUAL COMPLETE REAL EXAM 
QUESTIONS WITH VERIFIED SOLUTIONS 100% 
VERIFIED 2025!! | ALREADY GRADED A+ . 
 
ECS1601 FINAL EXAM /ACTUAL COMPLETE REAL EXAM 
QUESTIONS WITH VERIFIED SOLUTIONS 100% 
VERIFIED 2025!! | ALREADY GRADED A+ . 
 
ECS1601 FINAL EXAM /ACTUAL COMPLETE REAL EXAM 
QUESTIONS WITH VERIFIED SOLUTIONS 100% 
VERIFIED 2025!! | ALREADY GRADED A+ . 
 
ECS1601 FINAL EXAM /ACTUAL COMPLETE REAL EXAM 
QUESTIONS WITH VERIFIED SOLUTIONS 100% 
VERIFIED 2025!! | ALR...
![ECS1601 UPDATED Test Questions and CORRECT Answers](/docpics/5032577/66202ba018d96_5032577_121_171.jpeg)
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ECS1601 UPDATED Test Questions and CORRECT Answers
- Exam (elaborations) • 79 pages • 2024
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Which of the following is/are correct? 
a) Households are confronted with unlimited wants, but with limited resources with which to 
satisfy those wants 
b) The scarcity of resources necessitate households to make choices both a and b are 
correct 
Which of the following is/are correct regarding the distinction between macroeconomics and 
microeconomics? 
a) The price of apples at the supermarket is an example of a macroeconomic variable. 
b) An increase in the general price level (inflation...
![ECS1601 Exam Latest Updated 2024 With 100% Correct Answers](/docpics/6122825/66d73fe836612_6122825_121_171.jpeg)
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ECS1601 Exam Latest Updated 2024 With 100% Correct Answers
- Exam (elaborations) • 91 pages • 2024
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ECS1601 Exam Latest Updated 2024 With 100% Correct Answers 
 
A flow variable is defined as a variable that is measured over a period. Which one of the following variables is not an example of a flow variable? 
 
[1] National income 
[2] The balance on Sibahle's savings account 
[3] Budget deficit 
[4] Total production - ANSWER-[2] The balance on Sibahle's savings account 
 
Which of the following is not an acceptable intervention by the public sector in a mixed economy? 
 
[1] the provisio...
![ECS1601 Assignment 3 exam questions and verified answers Semester 1 2024](/docpics/4196435/659f9c86732eb_4196435_121_171.jpeg)
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ECS1601 Assignment 3 exam questions and verified answers Semester 1 2024
- Exam (elaborations) • 44 pages • 2024
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ECS1601 Assignment 3 exam questions and verified answers Semester 1 2024 
ECS1601 Assignment 3 exam questions and verified answers Semester 1 2024 
ECS1601 Assignment 3 exam questions and verified answers Semester 1 2024 
ECS1601 Assignment 3 exam questions and verified answers Semester 1 2024 
ECS1601 Assignment 3 exam questions and verified answers Semester 1 2024 
ECS1601 Assignment 3 exam questions and verified answers Semester 1 2024
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