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ECS1601 ASSIGNMENT 1 FOR 1ST SEM 2025

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University Of South Africa (Unisa)
Course
Economics IB (ECS1601)
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ECS1601 ASSIGNMENT 1 FOR 1ST SEM 2025

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ECS1601 ASSIGNMENT 1
FOR SEMESTER 1 2025




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, Started on Monday, 12 May 2025, 10:58 AM
State Finished
Completed on Monday, 12 May 2025, 11:09 AM
Time taken 11 mins 12 secs
Marks 17.00/20.00
Grade 85.00 out of 100.00
Question 1
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Question text
Which of the following is correct about the macroeconomic issue that caused global increase in the
price of oil caused by the Russia–Ukraine war?


a.
external factors in South Africa that form part of the macroeconomic issues

b.
external factors in Ukraine that form part of microeconomics issues

c.
internal factors in South Africa that form part of the domestic economic issues

d.
internal factors in Russia that form part of international issues
Clear my choice

Question 2
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Question text
Which of the following best describes a firm?




a.
A company that sells goods and services.

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