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Here are the best resources to pass ECS 2602 ASSIGNMENT 2. Find ECS 2602 ASSIGNMENT 2 study guides, notes, assignments, and much more.
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ECS 2602 ASSIGNMENT 2
Exam (elaborations) • 10
pages
• 2021
Jason Gary Geldenhuys
ECS2602 Assignment 2 Semester 1 2013
Question 1 (7 marks)
Identify the exogenous and endogenous variables in the goods market model.
Y = C + I + G + X – Im
Y denotes gross domestic product, C is private consumption, I is investment, G is government
consumption (government spending), X is exports, and Im is imports.
Exogenous variables
Investment, Government spending and taxes T.
endogenous variables
gross domestic product, private consumption, exports, and imp...
Jason Gary Geldenhuys
ECS2602 Assignment 2 Semester 1 2013
Question 1 (7 marks)
Identify the exogenous and endogenous variables in the goods market model.
Y = C + I + G + X – Im
Y denotes gross domestic product, C is private consumption, I is investment, G is government
consumption (government spending), X is exports, and Im is imports.
Exogenous variables
Investment, Government spending and taxes T.
endogenous variables
gross domestic product, private consumption, exports, and imp...
This assignment contributes 40% towards your semester mark. Please ensure that this assignment reaches the
university before the due date. Answer all questions on a mark-reading sheet.
1. Which of the following are fully exogenous variables in the IS-LM model?
1. Level of output, interest rate, investment, consumption spending.
2. Government spending, taxation, money supply, marginal propensity to consume.
3. Interest rate, demand for money, supply of money.
4. Consumption spending, invest...
This assignment contributes 40% towards your semester mark. Please ensure that this assignment reaches the
university before the due date. Answer all questions on a mark-reading sheet.
1. Which of the following are fully exogenous variables in the IS-LM model?
1. Level of output, interest rate, investment, consumption spending.
2. Government spending, taxation, money supply, marginal propensity to consume.
3. Interest rate, demand for money, supply of money.
4. Consumption spending, invest...
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