ECS1601-Assignment 7-S2-2022-Q&
Expected Solutions- A+
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6/3/22, 5:34 PM Assessment 7: Attempt review
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Dashboard / Courses / UNISA / 2022 / Semester 1 / ECS1601-22-S1 / Online assessment / Assessment 7
Started on Friday, 3 June 2022, 4:43 PM
State Finished
Completed on Friday, 3 June 2022, 5:28 PM
Time taken 44 mins 59 secs
Marks 29.00/30.00
Grade 96.67 out of 100.00
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=3914266&cmid=117350 1/18
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6/3/22, 5:34 PM Assessment 7: Attempt review
Question 1
Correct
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The question is based on the following diagram:
Dashboard / Courses / UNISA / 2022 / Semester 1 / ECS1601-22-S1 / Online assessment / Assessment 7
This is an example of ......inflation, which will ……production, income and employment. This phenomenon is called ……
Select one:
a. demand-pull; increase; hyperinflation
b. cost-push; not affect; hyperinflation
c. cost-push; decrease; stagflation
d. demand-pull; decrease; stagflation
e. cost-push; increase; hyperinflation
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=3914266&cmid=117350 2/18
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6/3/22, 5:34 PM Assessment 7: Attempt review
Question 2
Correct
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The upward phase of a business cycle is known as a…
Dashboard / Courses / UNISA / 2022 / Semester 1 / ECS1601-22-S1 / Online assessment / Assessment 7
Select one:
a. downswing.
b. peak.
c. recession.
d. boom.
Question 3
Correct
Mark 1.00 out of 1.00
In the AD-AS model, an increase in government expenditure …
Select one:
a. will increase the balance of payments deficit and decrease unemployment.
b. will decrease the balance of payment deficit and decrease unemployment.
c. will decrease the balance of payments deficit and increase unemployment.
d. will increase the balance of payments deficit and increase unemployment.
Question 4
Correct
Mark 1.00 out of 1.00
Thomas was laid off from his job because of the recession. He is _______ unemployed. Kat works at a grape farm near Cape Town, but only for
three months of the year. For the rest of the year, she is________ unemployed.
Select one:
a. cyclically; seasonally
b. cyclically; structurally
c. cyclically; frictionally
d. structurally; seasonally
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=3914266&cmid=117350 3/18
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Expected Solutions- A+
written by
Maddigits
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Distribution of this document is illegal $103 per month?
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6/3/22, 5:34 PM Assessment 7: Attempt review
MENU
Dashboard / Courses / UNISA / 2022 / Semester 1 / ECS1601-22-S1 / Online assessment / Assessment 7
Started on Friday, 3 June 2022, 4:43 PM
State Finished
Completed on Friday, 3 June 2022, 5:28 PM
Time taken 44 mins 59 secs
Marks 29.00/30.00
Grade 96.67 out of 100.00
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=3914266&cmid=117350 1/18
Downloaded by: tebellomoepenge | Want to earn
Distribution of this document is illegal $103 per month?
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6/3/22, 5:34 PM Assessment 7: Attempt review
Question 1
Correct
Mark 1.00 out of 1.00
MENU
The question is based on the following diagram:
Dashboard / Courses / UNISA / 2022 / Semester 1 / ECS1601-22-S1 / Online assessment / Assessment 7
This is an example of ......inflation, which will ……production, income and employment. This phenomenon is called ……
Select one:
a. demand-pull; increase; hyperinflation
b. cost-push; not affect; hyperinflation
c. cost-push; decrease; stagflation
d. demand-pull; decrease; stagflation
e. cost-push; increase; hyperinflation
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=3914266&cmid=117350 2/18
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Distribution of this document is illegal $103 per month?
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6/3/22, 5:34 PM Assessment 7: Attempt review
Question 2
Correct
Mark 1.00 out of 1.00
MENU
The upward phase of a business cycle is known as a…
Dashboard / Courses / UNISA / 2022 / Semester 1 / ECS1601-22-S1 / Online assessment / Assessment 7
Select one:
a. downswing.
b. peak.
c. recession.
d. boom.
Question 3
Correct
Mark 1.00 out of 1.00
In the AD-AS model, an increase in government expenditure …
Select one:
a. will increase the balance of payments deficit and decrease unemployment.
b. will decrease the balance of payment deficit and decrease unemployment.
c. will decrease the balance of payments deficit and increase unemployment.
d. will increase the balance of payments deficit and increase unemployment.
Question 4
Correct
Mark 1.00 out of 1.00
Thomas was laid off from his job because of the recession. He is _______ unemployed. Kat works at a grape farm near Cape Town, but only for
three months of the year. For the rest of the year, she is________ unemployed.
Select one:
a. cyclically; seasonally
b. cyclically; structurally
c. cyclically; frictionally
d. structurally; seasonally
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=3914266&cmid=117350 3/18
Downloaded by: tebellomoepenge | Want to earn
Distribution of this document is illegal $103 per month?
