Ecs2602 tests bank 1 - Study guides, Class notes & Summaries
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ECS2602-TESTS-BANK
- Exam (elaborations) • 108 pages • 2023
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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 ...
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ECS2602-TESTS-BANK-1
- Exam (elaborations) • 107 pages • 2021
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- $12.49
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ECS2602-TESTS-BANK-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 decreases with 2% during a specific year and the general price level i...
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