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ECS1601 Assignment
4 (COMPLETE
ANSWERS) 2025 - DUE
15 September 2025
NO PLAGIARISM
[Pick the date]
[Type the abstract of the document here. The abstract is typically a short summary of the contents of
the document. Type the abstract of the document here. The abstract is typically a short summary of
the contents of the document.]
, Exam (elaborations)
ECS1601 Assignment 4 (COMPLETE
ANSWERS) 2025 - DUE 15 September 2025
Course
Economics IB (ECS1601)
Institution
University Of South Africa (Unisa)
Book
Understanding Macroeconomics
ECS1601 Assignment 4 (COMPLETE ANSWERS) 2025 - DUE 15 September
2025; 100% TRUSTED Complete, trusted solutions and explanations. Ensure
your success with us...
Question 1 [7 Marks] (Word Count = 100) With reference to the Circular flow
model as well as economic growth, detail and discuss two interventions that
would most effectively support economic resilience in Mitchells Plain?
Question 2 [18 Marks] (Word Count = 450) Study the image showing Dr.
David |. Ramadan’s X post and the background to answer the questions 2.1
to 2.3. “> Dr. David I. Ramadan xX y @DavidiRamadan - Follow
Congratulations to all #Trump voters—thanks to your dear leader's #tariff
tantrum, nearly everything we buy will cost about 20% more in the coming
year. And no, “just buy American” isn't a fix—most of these items have no
U.S. equivalent. That's just the short-term hit. 3 : ~ 3:08 AM - Apr 3, 2025 @
Page 3 of 5 ECS1601 | Assessment 04 | Year 2025 A university of south africa
UNISA Background In April 2025, US President Donald J Trump, implemented
reciprocal tariffs for countries that traded with the USA. This is to address the
United States’ $1.3 Trillion (~R 22.84 trillion) Trade Deficit'. Amongst the
countries that were levied the highest tariff include South Africa’s
neighbouring country, the Kingdom of Lesotho, with a tariff of approximately
50%. In addition, the Republic of South Africa was also levied a tariff of
approximately 30% within the same time period and came into effect in
August 2025. You are an economics 1 student from UNISA and overhear
some of your peers at the Spaza shop discussing the matter and stating that
it might not be a bad thing, “Donald Trump is doing well to help his country”.
Question 2.1. [8 Marks] As an economic student explain to them why this is
not a good thing from the perspective of Economic Growth for Republic of
South Africa and/or Kingdom of Lesotho, using the AD-AS model. In your
response, clearly explain the effects on aggregate demand and/or aggregate
supply, and illustrate how this translates to changes in real GDP and price
levels. Question 2.2. [7 Marks] As an economics student explain to them why
ECS1601 Assignment
4 (COMPLETE
ANSWERS) 2025 - DUE
15 September 2025
NO PLAGIARISM
[Pick the date]
[Type the abstract of the document here. The abstract is typically a short summary of the contents of
the document. Type the abstract of the document here. The abstract is typically a short summary of
the contents of the document.]
, Exam (elaborations)
ECS1601 Assignment 4 (COMPLETE
ANSWERS) 2025 - DUE 15 September 2025
Course
Economics IB (ECS1601)
Institution
University Of South Africa (Unisa)
Book
Understanding Macroeconomics
ECS1601 Assignment 4 (COMPLETE ANSWERS) 2025 - DUE 15 September
2025; 100% TRUSTED Complete, trusted solutions and explanations. Ensure
your success with us...
Question 1 [7 Marks] (Word Count = 100) With reference to the Circular flow
model as well as economic growth, detail and discuss two interventions that
would most effectively support economic resilience in Mitchells Plain?
Question 2 [18 Marks] (Word Count = 450) Study the image showing Dr.
David |. Ramadan’s X post and the background to answer the questions 2.1
to 2.3. “> Dr. David I. Ramadan xX y @DavidiRamadan - Follow
Congratulations to all #Trump voters—thanks to your dear leader's #tariff
tantrum, nearly everything we buy will cost about 20% more in the coming
year. And no, “just buy American” isn't a fix—most of these items have no
U.S. equivalent. That's just the short-term hit. 3 : ~ 3:08 AM - Apr 3, 2025 @
Page 3 of 5 ECS1601 | Assessment 04 | Year 2025 A university of south africa
UNISA Background In April 2025, US President Donald J Trump, implemented
reciprocal tariffs for countries that traded with the USA. This is to address the
United States’ $1.3 Trillion (~R 22.84 trillion) Trade Deficit'. Amongst the
countries that were levied the highest tariff include South Africa’s
neighbouring country, the Kingdom of Lesotho, with a tariff of approximately
50%. In addition, the Republic of South Africa was also levied a tariff of
approximately 30% within the same time period and came into effect in
August 2025. You are an economics 1 student from UNISA and overhear
some of your peers at the Spaza shop discussing the matter and stating that
it might not be a bad thing, “Donald Trump is doing well to help his country”.
Question 2.1. [8 Marks] As an economic student explain to them why this is
not a good thing from the perspective of Economic Growth for Republic of
South Africa and/or Kingdom of Lesotho, using the AD-AS model. In your
response, clearly explain the effects on aggregate demand and/or aggregate
supply, and illustrate how this translates to changes in real GDP and price
levels. Question 2.2. [7 Marks] As an economics student explain to them why
