11/10/22, 1:01 PM Assessment 7: Attempt review
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Dashboard / My courses / ECS1601-22-S2 / Online assessments / Assessment 7
Started on Thursday, 10 November 2022, 11:40 AM
State Finished
Completed on Thursday, 10 November 2022, 1:01 PM
Time taken 1 hour 20 mins
Marks 21.00/30.00
Grade 70.00 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
The question is based on the figure below:
The movement from X to X’ can result from …
Select one:
a. an increase in domestic income.
b. a decrease in domestic income.
c. a depreciation of the rand against the dollar.
d. an appreciation of the rand against the dollar.
The correct answer is: a depreciation of the rand against the dollar.
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=6461460&cmid=213776 1/18
,11/10/22, 1:01 PM Assessment 7: Attempt review
Question 2
Correct
Mark 1.00 out of 1.00
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In the Keynesian model, exports...
Dashboard / My courses / ECS1601-22-S2 / Online assessments / Assessment 7
Select one:
a. remain unaffected by changes in output.
b. increase when income increases.
c. decrease when income decreases.
d. depend on the interest rate.
e. depend on government policy.
The correct answer is: remain unaffected by changes in output.
Question 3
Incorrect
Mark 0.00 out of 1.00
The question is based on the information below:
If the Keynesian consumption function is C = 100 + 0.2 Y and disposable income is R 10 000, then:
The amount of total saving is
Answer:
1
The correct answer is: R7 900
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=6461460&cmid=213776 2/18
, 11/10/22, 1:01 PM Assessment 7: Attempt review
Question 4
Incorrect
Mark 0.00 out of 1.00
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Consider the following information to answer the question.
Dashboard / My courses / ECS1601-22-S2 / Online assessments / Assessment 7
Government spending = 550
Exports = 330
Autonomous consumption = 280
Autonomous imports = 170
Investment expenditure = 120
Marginal propensity to save = 0,25
What is the equilibrium level of income?
Answer:
70 BILLION
The correct answer is: 4 440
Question 5
Correct
Mark 1.00 out of 1.00
Which of the following is correct about an increase in interest rate in the Keynesian model?
Select one:
a. increase investment
b. decrease investment
c. increase price levels
d. decrease price levels
The correct answer is: decrease investment
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=6461460&cmid=213776 3/18
MENU
Dashboard / My courses / ECS1601-22-S2 / Online assessments / Assessment 7
Started on Thursday, 10 November 2022, 11:40 AM
State Finished
Completed on Thursday, 10 November 2022, 1:01 PM
Time taken 1 hour 20 mins
Marks 21.00/30.00
Grade 70.00 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
The question is based on the figure below:
The movement from X to X’ can result from …
Select one:
a. an increase in domestic income.
b. a decrease in domestic income.
c. a depreciation of the rand against the dollar.
d. an appreciation of the rand against the dollar.
The correct answer is: a depreciation of the rand against the dollar.
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=6461460&cmid=213776 1/18
,11/10/22, 1:01 PM Assessment 7: Attempt review
Question 2
Correct
Mark 1.00 out of 1.00
MENU
In the Keynesian model, exports...
Dashboard / My courses / ECS1601-22-S2 / Online assessments / Assessment 7
Select one:
a. remain unaffected by changes in output.
b. increase when income increases.
c. decrease when income decreases.
d. depend on the interest rate.
e. depend on government policy.
The correct answer is: remain unaffected by changes in output.
Question 3
Incorrect
Mark 0.00 out of 1.00
The question is based on the information below:
If the Keynesian consumption function is C = 100 + 0.2 Y and disposable income is R 10 000, then:
The amount of total saving is
Answer:
1
The correct answer is: R7 900
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=6461460&cmid=213776 2/18
, 11/10/22, 1:01 PM Assessment 7: Attempt review
Question 4
Incorrect
Mark 0.00 out of 1.00
MENU
Consider the following information to answer the question.
Dashboard / My courses / ECS1601-22-S2 / Online assessments / Assessment 7
Government spending = 550
Exports = 330
Autonomous consumption = 280
Autonomous imports = 170
Investment expenditure = 120
Marginal propensity to save = 0,25
What is the equilibrium level of income?
Answer:
70 BILLION
The correct answer is: 4 440
Question 5
Correct
Mark 1.00 out of 1.00
Which of the following is correct about an increase in interest rate in the Keynesian model?
Select one:
a. increase investment
b. decrease investment
c. increase price levels
d. decrease price levels
The correct answer is: decrease investment
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=6461460&cmid=213776 3/18
