Ecs1601 exam Study guides, Class notes & Summaries
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ECS1601 Assignment 5 Semester 2 2024 (95%)
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ECS1601 assignment 5 semester 2 2024 (95%) Exam (elaborations) Economics IB (Macroeconomics I) (ECS1601)
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ECS1601 EXAM PACK 2024
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ECS1601 EXAM PACK 2024 Latest exam pack questions and answers and summarized notes for exam preparation.For assistance call or W.h.a.t.s.a.p.p us on +/ 2/ 5/ 4 /7 /7 /9 /5 /4 /0 /1 /3 /2 .
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ECS1601 EXAM PACK 2023
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ECS1601Test bank with answers 
Economics, past exam papers 
Exam-Pack-Index From 
2017-2022, assignment 1, 
assignment 2, .. ..complete 
solutions 
1 
ECS1601 TEST BANK 
Question 1 
In the goods market of the circular flow model, …. 
1) firms buy factors of production from consumers 
2) firms buy finished products from households 
3) consumers buy factors of production from firms 
4) firms sell factors of production to the government 
5) consumers buy finished products from firms Th...
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ECS1601 EXAM PACK 2024
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Recent exam questions and answers and summarized notes for exam preparation.
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ECS1601 (Economics IB) LATEST EXAM PACK SOLUTIONS 2023
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ECS1601 (Economics IB) LATEST EXAM PACK SOLUTIONS 2023
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ECS1601 EXAM PACK 2024
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ECS1601 EXAM PACK 2024 Latest October November exam pack questions and answers and summarized notes for exam preparation.For assistance call or us on +/ 2/ 5/ 4 /7 /7 /9 /5 /4 /0 /1 /3 /2 .
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Economics IB (Macroeconomics I)(ECS1601 Exam pack 2024)
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Economics IB (Macroeconomics I)(ECS1601 Exam pack 2024) 
 
Questions and answers
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ECS1601 Exam Preparation For 2022 – Past Papers with verified Answers.
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ECS1601 Exam Preparation For 2022 – Past Papers with verified Answers. 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 
- ANS-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 th...
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ECS1601 Exam Pack 2023
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ECS1601 Exam Pack 2023 100% TRUSTED workings, explanations and solutions. For assistance call or whatsapp us on +25477 954 0132 .
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ECS1601 Exam Latest Updated 2024 With 100% Correct Answers
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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...
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