EXCELCENTRE LEARNING INSTITUTE 061 043 9805
PU E
SHI
NG Y L E NC
OU TO THE GATE OF EXC EL
Education is the most powerful weapon which you can use to change the world
,EXCELCENTRE LEARNING INSTITUTE 061 043 9805
WARNING: PLEASE NOTE THAT PLAGIARISM IS A SERIOUS ACADEMIC
OFFENSE, therefore students must use this document ONLY as a guideline. Hence
students have regenerated their own (personalized) solutions paying particular
attention to module contents as prescribed by module facilitators, lecturers and
supervisors. This document’s purpose is to compact all sources of information that
might be relevant to students’ assignments, hence additional knowledge on the
provided information is not restricted by the authors. However, submitting this
document as one’s final work is considered unethical, and students should be
penalized. If this document is plagiarized by the users and fails, EXCELCENTRE
should not be rendered accountable since the contents in this document only give
learners a kick-start on what is expected of them from their areas of specialty.
CAUTION: STUDENTS ARE NOT MANDATED TO USE EVERY DETAIL IN THIS
DOCUMENT IN WRITING THEIR ASSIGNMENT
Education is the most powerful weapon which you can use to change the world
,5/12/26, 9:37 AM Assessment 1: Attempt review
UNISA 2026 ECS1601-26-Y Welcome Message Assessment 1
QUIZ
Started on Tuesday, 12 May 2026, 9:06 AM
State Finished
Completed on Tuesday, 12 May 2026, 9:26 AM
Time taken 19 mins 19 secs
Marks 25.00/25.00
Grade 100.00 out of 100.00
Question 1
Complete
Mark 1.00 out of 1.00
What is the most likely outcome of high and persistent inflation for the money supply?
Select one:
a. Banks reduce deposit rates to attract savings.
b. Money becomes a better store of value.
c. People hold more money instead of assets.
d. Money loses value, so people shift to nonmonetary assets.
Question 2
Complete
Mark 1.00 out of 1.00
If the government raises personal income tax (PIT), what happens to consumption?
Select one:
a. Consumption decreases due to lower disposable income.
b. Disposable income increases.
c. Consumption stays the same.
d. Consumption increases.
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=33462119&cmid=1300229 1/12
, 5/12/26, 9:37 AM Assessment 1: Attempt review
Question 3
Complete
Mark 1.00 out of 1.00
The Monetary Policy Committee of the South African Reserve Bank (SARB) decides to increase the repurchase rate. What will
be the effect on the interest rate and quantity of money?
a. i* to i1 and M* to M1
b. i1 to i* and M* to M1
c.
i1 to i* and M1 to M*
d. i* to i1 and M1 to M*
Question 4
Complete
Mark 1.00 out of 1.00
M1 in South Africa consists of coins, notes and …
Select one:
a. demand deposits.
b. bonds.
c. savings accounts.
d. longterm deposits.
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=33462119&cmid=1300229 2/12
PU E
SHI
NG Y L E NC
OU TO THE GATE OF EXC EL
Education is the most powerful weapon which you can use to change the world
,EXCELCENTRE LEARNING INSTITUTE 061 043 9805
WARNING: PLEASE NOTE THAT PLAGIARISM IS A SERIOUS ACADEMIC
OFFENSE, therefore students must use this document ONLY as a guideline. Hence
students have regenerated their own (personalized) solutions paying particular
attention to module contents as prescribed by module facilitators, lecturers and
supervisors. This document’s purpose is to compact all sources of information that
might be relevant to students’ assignments, hence additional knowledge on the
provided information is not restricted by the authors. However, submitting this
document as one’s final work is considered unethical, and students should be
penalized. If this document is plagiarized by the users and fails, EXCELCENTRE
should not be rendered accountable since the contents in this document only give
learners a kick-start on what is expected of them from their areas of specialty.
CAUTION: STUDENTS ARE NOT MANDATED TO USE EVERY DETAIL IN THIS
DOCUMENT IN WRITING THEIR ASSIGNMENT
Education is the most powerful weapon which you can use to change the world
,5/12/26, 9:37 AM Assessment 1: Attempt review
UNISA 2026 ECS1601-26-Y Welcome Message Assessment 1
QUIZ
Started on Tuesday, 12 May 2026, 9:06 AM
State Finished
Completed on Tuesday, 12 May 2026, 9:26 AM
Time taken 19 mins 19 secs
Marks 25.00/25.00
Grade 100.00 out of 100.00
Question 1
Complete
Mark 1.00 out of 1.00
What is the most likely outcome of high and persistent inflation for the money supply?
Select one:
a. Banks reduce deposit rates to attract savings.
b. Money becomes a better store of value.
c. People hold more money instead of assets.
d. Money loses value, so people shift to nonmonetary assets.
Question 2
Complete
Mark 1.00 out of 1.00
If the government raises personal income tax (PIT), what happens to consumption?
Select one:
a. Consumption decreases due to lower disposable income.
b. Disposable income increases.
c. Consumption stays the same.
d. Consumption increases.
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=33462119&cmid=1300229 1/12
, 5/12/26, 9:37 AM Assessment 1: Attempt review
Question 3
Complete
Mark 1.00 out of 1.00
The Monetary Policy Committee of the South African Reserve Bank (SARB) decides to increase the repurchase rate. What will
be the effect on the interest rate and quantity of money?
a. i* to i1 and M* to M1
b. i1 to i* and M* to M1
c.
i1 to i* and M1 to M*
d. i* to i1 and M1 to M*
Question 4
Complete
Mark 1.00 out of 1.00
M1 in South Africa consists of coins, notes and …
Select one:
a. demand deposits.
b. bonds.
c. savings accounts.
d. longterm deposits.
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=33462119&cmid=1300229 2/12
