ASSIGNMENT
Started on Monday, 14 November 2022, 1:35 PM
State Finished
SEMESTER Completedon ly
9
,/ Semester2 / ECS1601-22-S2 / Online assessments / Assessment7
Started on Monday, 14 November 2022, 1:35 PM
State Finished
Completed on Monday, 14 November 2022, 2:52 PM
Time taken 1 hour 17 mins
Marks 30.00/30.00
Grade 100.00 out of 100.00
Question 1
. Incorrect
In the Keynesian model, exports...
Mark 0.00 out of
1.00
Select one: ¥ Flag question
a. remain unaffected by changes in output. v
b. increase when income increases.
c. decrease when income decreases.
d. depend on the interest rate.
e. depend on government policy.
The correct answer is: remain unaffected by changes in
, Question 2
. . " Correct
In the Keynesian model, the appreciation of the rand against
A Mark 1.00 out of
the dollar would result in ... 500
Flag question
Select one:
a. a decrease in the equilibrium level of income. v
b. an increase in net exports.
c. an increase in aggregate expenditure.
d. an increase in the equilibrium level of income.
The correct answer is: a decrease in the equilibrium level of
income.
Question 3
Correct
The question is based on the information below: Mare 4 00 outer
If the Keynesian saving function is S = -100 + 0.2 Y and ee
disposable income is R 10000, then: ¥ Flag question
The amount of total consumption is
Answer: 8100 v