ECS - QUIZ -DUE 30 JULY 2024 - SEMESTER 2 - ASSIGNMENT 2

ASSIGNMENT 2
ECS 1601 SEMESTER 2
QUIZ
ECONOMICS 1B
DUE: 30 JULY 2024
MACROECONOMICS
MARK OBTAINED: 100%




Varsity
Assist

, 1. ECS1601-24-Y_AS2
2. Introduction
3. Assessment 2



QUIZ

Assessment 2
Open course index
Started on Tuesday, 23 July 2024, 5:23 PM
State Finished
Completed on Tuesday, 23 July 2024, 6:32 PM
Time taken 1 hour 8 mins
Grade 18.00 out of 18.00 (100%)
Question 1
Complete
Mark 1.00 out of 1.00

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Question text
Which of the following statements is/are correct?
a) Privatisation is the transfer of ownership from private enterprise to the government.
b) Example of nationalisation is when SARB transfers ownership to the government.
c) One of the arguments in favour of privatisation is that the privatised firm may attract
foreign direct investment.
d) Unbundling of Eskom is regarded as the first step towards privatisation.
a.
a), b) and d)
b.
b) and d) only.
c.
b), c) and d)
d.
a), b) and c)
Feedback
only statement (a) is incorrect, the statement refers to nationalisation

Question 2
Complete
Mark 1.00 out of 1.00

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Question text
In South Africa, excise duty is levied on………
a.