ECS1601 ASSIGNMENT 8 2024

11/7/24, 7:37 PM As




UNISA  2024  ECS1601-24-Y_ASS8  Introduction  Assessment 8

QUIZ




Started on Thursday, 7 November 2024, 9:05 AM
State Finished
Completed on Thursday, 7 November 2024, 10:18 AM
Time taken 1 hour 13 mins
Marks 25.00/29.00
Grade 8.62 out of 10.00 (86.21%)


Question 1 Use the following two statements to answer the question:
Incorrect
(1) Investment spending is a stock variable.
Mark 0.00 out of
1.00 (2) The weekly consumption of beer is a flow variable.

Select one:
a. Both (1) and (2) are incorrect.

b. Both (1) and (2) are correct.

c. Only (1) is correct. 

d. (1) is incorrect and (2) is correct.




Question 2 Which of the following statements is true with regard to injection and le
Correct

Mark 1.00 out of Select one:
1.00
a. The income gains by households and firms in the circular flow
b. Spending by foreign countries on a domestic economy constit
of income and spending.
c. Government spending on imports is an injection because mon
and spending.
d. Injection occurs when there is an outflow of money from the c
the government.




Question 3 If the South African Reserve Bank decides to decrease the repo rate, th

Correct paribus).