ESC1601
Chamberlain College Of Nursng
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Exam (elaborations)
ECS1601 Exam pack Unisa 2023
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--96October 20232023/2024Available in bundle
- Which of the following is/are correct regarding the distinction between macroeconomics and 
microeconomics? 
a) Salaries paid to Checkers employees [MICRO] is an example of a macroeconomic variable. 
b) An import by Auto Spares [MICRO] of a new machine for painting cars is an 
example of a microeconomic variable. 
[1] only a is correct 
[2] both a and b are correct 
[3] only b is correct 
[4] both a and b are incorrect 
2. Which of the following is incorrect regarding factors of production/RESOU...
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