Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
logo
  • University Of South Africa (Unisa)
  • ECS1601 - Economics IB (ECS1601)
To add items to your wishlist, you must be logged in
Document preview thumbnail
Preview 3 out of 27 pages
Exam (elaborations)

ECS1601 3 YEARS EXAMS AND SOLUTIONS

0.0
(0 reviews)
- sold
27 pages
2021/2022 Written for academic year
Institution
University Of South Africa (Unisa)
Course
ECS1601 - Economics IB (ECS1601)
Document preview thumbnail
Preview 3 out of 27 pages

EXAM PACK WITH SOLUTIONS AND WORKINGS GUARANTEED REPEAT QUESTIONS AND ANSWERS

Content preview

MAY / JUNE 2011


SECTION A

QUESTION 1

(i) Gini coefficient
Quantile ratio
Luffer curve

(ii) Taxes (T)
Government spending (G)
Proportional income tax (t)

(iii) Domestic demand (C + I + G)
Export demand (x)
Import substitution




QUESTION 2

(i)

, Price

ST




S
P1 E1


P0 E0




D




Quantity
0
Q1 Q0



(ii)




Total Demand


A1 (for C1> C )



A (for C)




450
om
0
e Y0
www.lucianotutorials.com 3 Y1 Income


, (iii)



AS1



AS
P1 E1


P0 E0




AD


Income
0 Y1 Y0




QUESTION 3

Δ𝑆 450−300 150
(i) MPS = Δ𝑌 = 2500−2000 = 500 = 0.3


MPS + MPC = 1

Document information

Uploaded on
April 13, 2022
Number of pages
27
Written in
2021/2022
Type
Exam (elaborations)
Contains
Questions & answers
Report Copyright Violation
$7.96
Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF
Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
LLL56
2.6
(7)
Sold
27
Followers
22
Items
559
Last sold
1 week ago

Browse related subjects

Subjects

  • ecs1601

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Learn more Create citation
Working on your references?

Frequently asked questions