100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
ECS1500 ASSESSMENT 7 OF SEM 2 , 2023 EXPECTED QUESTIONS AND ANSWERS $5.55   Add to cart
Quickly navigate to
Preview
  2.  
  3. University Of South Africa (Unisa)
  4.  
  5. ECS1500 - Economics 1500

Exam (elaborations)

ECS1500 ASSESSMENT 7 OF SEM 2 , 2023 EXPECTED QUESTIONS AND ANSWERS

3 reviews
 467 views  24 purchases
  • Course
  • ECS1500 - Economics 1500
  • Institution
  • University Of South Africa (Unisa)

ECS1500 ASSESSMENT 7 OF SEM 2, 2023 EXPECTED QUESTIONS AND ANSWERS, USING IT CORRECTLY AS A GUIDE TO REVISION WILL HELP YOU SCORE ABOVE 80% IN YOUR ASSESSMENT

Preview 4 out of 149  pages

Document information

  • November 12, 2022
  • 149
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers

Subjects

  • ecs1500 assessment 7
  • ecs 1500 assignment 7
  • ecs1500
  • ecs1501
  • ecs1601
  • tax1501
  • mac1501
  • dsc1520
  • dsc1630
  • mac2601
  • mac602
  • bnu1501
  • mat1501
  • qmi1501
  • sta1501
  • sta1510
  • st1610
  • sta1502
  • dsc1630 inv2691
  • inv2602
  • fin2601

Written for

  • University of South Africa (Unisa)
  • ECS1500 - Economics 1500
All documents for this subject (97)

3  reviews

review-writer-avatar

By: szpmbuli09 • 11 months ago

review-writer-avatar

By: cursleighabrahams • 1 year ago

review-writer-avatar

By: mashudurasikhinya • 1 year ago

Seller

avatar-seller
oscardiura

Reviews received

Content preview

Started on Saturday, 12 November 2022, 11:17 AM
State Finished
Completed on Saturday, 12 November 2022, 11:42 AM
Time taken 24 mins 47 secs
Marks 50.00/60.00
Grade 83.33 out of 100.00

Question 1
Correct

Mark 2.00 out of 2.00




The largest part of South Africa's exports consists of manufactured products.


Select one:
a. True
b. False



The correct answer is: True

,Question 2
Incorrect

Mark 0.00 out of 2.00




The monetary system is the only form of exchange system.



Select one:
a. False

b. True



The correct answer is: False

,Question 3
Correct

Mark 2.00 out of 2.00




When the government charges high income groups in the economy a tax rate of 45%, and use this tax to finance social welfare paym
earners, this forms part of the … function of government.




Select one:
a. allocation

b. regulation

c. distribution

d. stabilisation



The correct answer is: distribution

, Question 4
Correct

Mark 2.00 out of 2.00




Which one of the following statements provides a correct definition for privatisation?


Select one:
a. Private companies refuse to pay for street lights because they are not open at night.
b. Crime increases due to policy failure and this results in growth of the private security industry in the country.
c. One company can provide the total demand for a certain good or service in an area.
d. Certain goods and services that were previously supplied by government are now supplied by the private sector.



The correct answer is: Certain goods and services that were previously supplied by government are now supplied by the private secto

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller oscardiura. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $5.55. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

85443 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$5.55  24x  sold
  • (3)
  Add to cart