ECS1601 ASSIGNMENT 4
S TUTORIALS SEMESTER 2 2023
S TUTORIALS
, 10/9/23, 2:35 PM Assessment 4: Attempt review
UNISA 2023 ECS1601-23-S2 Online assessments Assessment 4
QUIZ
Started on Monday, 9 October 2023, 2:28 PM
State Finished
Completed on Monday, 9 October 2023, 2:35 PM
Time taken 6 mins 47 secs
Marks 16.00/20.00
Grade 80.00 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
In the AD-AS model, an expansionary fiscal policy may lead to a…
a. rightward shift of aggregate supply and cost-push inflation.
b. leftward shift of aggregate supply and cost-push inflation.
c. rightward shift of aggregate demand and demand-pull inflation.
d. leftward shift of aggregate demand and demand-pull inflation.
Refer to section 10.4 of the prescribed textbook.
Question 2
Correct
Mark 1.00 out of 1.00
Which of the following best describes a difference between demand-pull inflation and cost-push inflation?
a. Cost-push inflation can be caused by increases in the cost of wages and intermediate goods, while demand-pull
can be caused by increase in exports.
b. Demand-pull inflation is triggered by increases in the cost of production, while cost-push inflation occurs when the
aggregate demand for goods and services increases while aggregate supply remains unchanged.
c. There is no difference between demand-pull inflation and cost-push inflation as they are triggered by the same
sources.
d. Demand-pull inflation occurs when there is a shortage in aggregate demand, while cost-push inflation is the upward
pressure on the general price level due to rising cost of production.
Refer to section 10.4 of the prescribed textbook.
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=14056613&cmid=622825 1/8
S TUTORIALS SEMESTER 2 2023
S TUTORIALS
, 10/9/23, 2:35 PM Assessment 4: Attempt review
UNISA 2023 ECS1601-23-S2 Online assessments Assessment 4
QUIZ
Started on Monday, 9 October 2023, 2:28 PM
State Finished
Completed on Monday, 9 October 2023, 2:35 PM
Time taken 6 mins 47 secs
Marks 16.00/20.00
Grade 80.00 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
In the AD-AS model, an expansionary fiscal policy may lead to a…
a. rightward shift of aggregate supply and cost-push inflation.
b. leftward shift of aggregate supply and cost-push inflation.
c. rightward shift of aggregate demand and demand-pull inflation.
d. leftward shift of aggregate demand and demand-pull inflation.
Refer to section 10.4 of the prescribed textbook.
Question 2
Correct
Mark 1.00 out of 1.00
Which of the following best describes a difference between demand-pull inflation and cost-push inflation?
a. Cost-push inflation can be caused by increases in the cost of wages and intermediate goods, while demand-pull
can be caused by increase in exports.
b. Demand-pull inflation is triggered by increases in the cost of production, while cost-push inflation occurs when the
aggregate demand for goods and services increases while aggregate supply remains unchanged.
c. There is no difference between demand-pull inflation and cost-push inflation as they are triggered by the same
sources.
d. Demand-pull inflation occurs when there is a shortage in aggregate demand, while cost-push inflation is the upward
pressure on the general price level due to rising cost of production.
Refer to section 10.4 of the prescribed textbook.
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=14056613&cmid=622825 1/8
