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Exam (elaborations)

ECS2602 EXAM PACK 2023

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ECS2603 Latest exam pack questions and answers and summarized notes for exam preparation. Updated for October November 2023 exams . For assistance Whats-App.0.6.7..1.7.1..1.7.3.9 . All the best on your exams!!

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ECS2602 - Macroeconomics (ECS2602)









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Olivier Blanchard, Olivier Jean Blanchard Macroeconomics
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ECS2602 - Macroeconomics (ECS2602)
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Uploaded on
April 9, 2022
File latest updated on
November 19, 2023
Number of pages
740
Written in
2023/2024
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

  • ecs2602
  • ecs2601
  • ecs2603
  • fac2601
  • fac2602

Content preview

ECS2602
EXAM PACK




FOR ASSISTANCE WITH THIS MODULE +27 67 171 1739

, OCTOBER NOVEMBER 2021




Part 1 of 14 - ECS2602 Exam_2021 Syllabus

Question 1 of 30 3.33 Points
This question is based on the following consumption function: C = 300 + 0.4Yp

If the level of disposable income (Yp) were to increase by 100, the level of autonomous
consumption will be:




. A. 340
,
. B. 400

~ © 6.100
-
. D. 300
Reset Selection


Part 2 of 14 - ECS2602 Exam_ 2021 Syllabus

Question 2 of 30 3.33 Points
This question is based on the following information regarding the goods market:

Marginal propensity to consume = 0.8

Which of the following policy actions will increase the level of output and income by a R1 000?

1. An increase in government spending of R200.
2. A decrease in taxation of R200.
3. A decrease in taxation of R250.




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