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Exam (elaborations)

Exam (elaborations) ECS 1601 Assignment 4 Semester 1 2023

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This is a collection of multiple Assignment 4 Solutions, Helping you obtain that distinction you deserve. 5 for further assistance! 100% Guaranteed!

Institution
University Of South Africa (Unisa)
Course
ECS 1601 (ECS1601)








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Institution
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  • ecs1601 assignment 4 semester 1 2023

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Dashboard / Courses / UNISA / 2023 / Semester 1 / ECS1601-23-S1 / Online assessments / Assessment 4

Started on Thursday, 11 May 2023, 3:06 PM
State Finished
Completed on Thursday, 11 May 2023, 4:21 PM
Time taken 1 hour 15 mins
Marks 20.00/20.00
Grade 100.00 out of 100.00


Question 1
Correct

Mark 1.00 out of 1.00




If the inflation rate increases and nominal interest rate is unchanged, then _________.



a. the real interest rate will decrease 
b. the real interest rate will increase
c. the nominal interest rate will decrease
d. the real interest rate will be unchanged



Refer to section 10.3 of the prescribed textbook.




Question 2

Correct

Mark 1.00 out of 1.00




A depreciation of the rand may have inflationary consequences in South Africa because it…



a. Increases the costs of exports.
b. Discourages savings.
c. Discourages exports.
d. Increases the costs of imported goods. 



Refer to section 10.4 of the prescribed textbook.




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