EXCELGATE INSTITUTE 0846244729
PU E
SHI
NG Y L E NC
OU TO THE GATE OF EXC EL
Education is the most powerful weapon which you can use to change the world
,EXCELGATE INSTITUTE 0846244729
WARNING: PLEASE NOTE THAT PLAGIARISM IS A SERIOUS ACADEMIC
OFFENSE, therefore students must use this document ONLY as a guideline. Hence
students have regenerated their own (personalized) solutions paying particular
attention to module contents as prescribed by module facilitators, lecturers and
supervisors. This document’s purpose is to compact all sources of information that
might be relevant to students’ assignments, hence additional knowledge on the
provided information is not restricted by the authors. However, submitting this
document as one’s final work is considered unethical, and students should be
penalized. If this document is plagiarized by the users and fails, EXCELGATE should
not be rendered accountable since the contents in this document only give learners a
kick-start on what is expected of them from their areas of specialty.
CAUTION: STUDENTS ARE NOT MANDATED TO USE EVERY DETAIL IN THIS
DOCUMENT IN WRITING THEIR ASSIGNMENTS.
Education is the most powerful weapon which you can use to change the world
,9/14/24, 6:27 PM Assessment 1: Attempt review
ECS2602-24-S2 Welcome to the module ECS2602-24-S2 Assessment 1
QUIZ
Started on Friday, 16 August 2024, 4:01 AM
State Finished
Completed on Friday, 16 August 2024, 6:12 AM
Time taken 2 hours 10 mins
Marks 29.00/30.00
Grade 96.67 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
Which one of the following statements is INCORRECT?
Select one:
A. The impact of fiscal and monetary policy on the level of output and income is an important topic in this module.
B. Real GDP per capita is widely used to measure a country's residents' economic welfare or well-being.
C. Macroeconomics studies the This is the only incorrect statement. To be correct, it must read
determination of the level of output “Macroeconomics studies the determination of the level of output and
and income for a specific firm. income for the economy as a whole”.
D. In macroeconomics, we focus on the interaction between different markets, such as the goods market, the financial
market, the labour market and the foreign exchange market.
The correct answer is:
Macroeconomics studies the determination of the level of output and income for a specific firm.
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=20998129&cmid=848061 1/28
, 9/14/24, 6:27 PM Assessment 1: Attempt review
Question 2
Correct
Mark 1.00 out of 1.00
Which one of the following is an example of a stabilisation policy?
Select one:
A. Inflation targeting.
B. Tariffs on imports.
C. Expansionary monetary policy during a recession.
D. Labour market policies aimed to increase the productivity of labour.
Your answer is correct. In this module, our main concern is how fiscal and monetary policy can be used to stabilise
the economy. Fiscal policy and monetary policy are the stabilisation policies.
The correct answer is:
Expansionary monetary policy during a recession.
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=20998129&cmid=848061 2/28
PU E
SHI
NG Y L E NC
OU TO THE GATE OF EXC EL
Education is the most powerful weapon which you can use to change the world
,EXCELGATE INSTITUTE 0846244729
WARNING: PLEASE NOTE THAT PLAGIARISM IS A SERIOUS ACADEMIC
OFFENSE, therefore students must use this document ONLY as a guideline. Hence
students have regenerated their own (personalized) solutions paying particular
attention to module contents as prescribed by module facilitators, lecturers and
supervisors. This document’s purpose is to compact all sources of information that
might be relevant to students’ assignments, hence additional knowledge on the
provided information is not restricted by the authors. However, submitting this
document as one’s final work is considered unethical, and students should be
penalized. If this document is plagiarized by the users and fails, EXCELGATE should
not be rendered accountable since the contents in this document only give learners a
kick-start on what is expected of them from their areas of specialty.
CAUTION: STUDENTS ARE NOT MANDATED TO USE EVERY DETAIL IN THIS
DOCUMENT IN WRITING THEIR ASSIGNMENTS.
Education is the most powerful weapon which you can use to change the world
,9/14/24, 6:27 PM Assessment 1: Attempt review
ECS2602-24-S2 Welcome to the module ECS2602-24-S2 Assessment 1
QUIZ
Started on Friday, 16 August 2024, 4:01 AM
State Finished
Completed on Friday, 16 August 2024, 6:12 AM
Time taken 2 hours 10 mins
Marks 29.00/30.00
Grade 96.67 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
Which one of the following statements is INCORRECT?
Select one:
A. The impact of fiscal and monetary policy on the level of output and income is an important topic in this module.
B. Real GDP per capita is widely used to measure a country's residents' economic welfare or well-being.
C. Macroeconomics studies the This is the only incorrect statement. To be correct, it must read
determination of the level of output “Macroeconomics studies the determination of the level of output and
and income for a specific firm. income for the economy as a whole”.
D. In macroeconomics, we focus on the interaction between different markets, such as the goods market, the financial
market, the labour market and the foreign exchange market.
The correct answer is:
Macroeconomics studies the determination of the level of output and income for a specific firm.
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=20998129&cmid=848061 1/28
, 9/14/24, 6:27 PM Assessment 1: Attempt review
Question 2
Correct
Mark 1.00 out of 1.00
Which one of the following is an example of a stabilisation policy?
Select one:
A. Inflation targeting.
B. Tariffs on imports.
C. Expansionary monetary policy during a recession.
D. Labour market policies aimed to increase the productivity of labour.
Your answer is correct. In this module, our main concern is how fiscal and monetary policy can be used to stabilise
the economy. Fiscal policy and monetary policy are the stabilisation policies.
The correct answer is:
Expansionary monetary policy during a recession.
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=20998129&cmid=848061 2/28
