Macroeconomics
University of South Africa (Unisa)
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ECS2602 Assignment 1 (COMPLETE ANSWERS) Semester 1 2025
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ECS2602 Assignment 1 (COMPLETE ANSWERS) Semester 1 2025 - DUE 2025; 100% TRUSTED Complete, trusted solutions and explanations. For assistance, Whats-App 0.6.7-1.7.1-1.7.3.9. Ensure your success with us..
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ECS2602 Assignment 1 2025 - Due April 2025
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ECS2602 
Learning Unit 1 (18 marks) 
Watch the following video and answer questions 1 to 5 based on the video. (8 
marks) 
When answering the questions, use the exact words as the presenter. 
The Difference Between Fiscal and Monetary Policy () 
Same video: different link: 
 
ASSIGNMENT 1 2025 
 
Question 1 
According to the video, fiscal policy is the use of government 
spending and taxation to influence the economy. 
 
Question 2 
Fiscal policy is a powerful tool. The key to it...
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ECS2602 ASSIGNMENT 1 SEMESTER 2 2024 This question is based on the following data for country PORTHOS for 2020. Marginal propensity to consume = 0.5 Autonomous consumption = R600 million Investment spending = R40 million Government spending = R280
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ECS2602 ASSIGNMENT 1 SEMESTER 2 2024 
 
 This question is based on the following data for country PORTHOS for 2020. 
 Marginal propensity to consume = 0.5 
 Autonomous consumption = R600 million 
 Investment spending = R40 million 
 Government spending = R280 million 
 Taxes = R300 million 
 An economist Dr Bright Sithole calculated that the gap between the current equilibrium level of output and incomE and the full employment level of income is R110 million. 
 By how much must taxes decrease ...
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ECS2602 ASSESSMENT 2 SEMESTER 1 2025 Which one of the following statements is correct regarding the IS-LM model? Select one: A. The initial impact of a change in taxation is on the financial market since the interest rate will be affected. B. A chan
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ECS2602 ASSESSMENT 2 SEMESTER 1 2025 
 
 Which one of the following statements is correct regarding the IS-LM model? 
 Select one: 
 A. The initial impact of a change in taxation is on the financial market 
 since the interest rate will be affected. 
 B. A change in government spending only influen ces the goods market and has no impact on the financial market. 
 C. The initial impact of a change in the interest rate is on the financial 
 market, after which it influences the goods market. 
 D. ...
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ECS2602 ASSIGNMENT 3 SEMESTER 1 2025 In the IS-LM model for an open economy, an expansionary fiscal policy has the following impact on the exchange rate, imports and exports: Select one: A. A decrease in the interest rate, which causes a capital outfl
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ECS2602 ASSIGNMENT 3 SEMESTER 1 2025 
 
 In the IS-LM model for an open economy, an expansionary fiscal policy has the following impact on the exchange rate, imports and exports: 
 Select one: 
 A. A decrease in the interest rate, which causes a capital outflow, a depreciation of the exchange rate, an increase in ex 
ports and, possibly, an improvement of the trade balance. 
 B. An unchanged interest rate and, therefore, an unchanged exchange rate. Exports will be unchanged, but imports will in...
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ECS2602 ASSIGNMENT 1 SEMESTER 1 2025 Assessment 1: Videos and Questions Assessment 1 is based on learning units 1, 2 and 3 (60 marks) How to complete Assignment 1: Complete all 30 fill-in questions below in the spaces provided. Save the document as PDF
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ECS2602 ASSIGNMENT 1 SEMESTER 1 2025 
 
Assessment 1: Videos and Questions 
 
Assessment 1 is based on learning units 1, 2 and 3 (60 marks) 
 
How to complete Assignment 1: 
Complete all 30 fill-in questions below in the spaces provided. Save the document as PDF document. Upload the assignment on the ECS2602 module site on myUnisa as a PDF document. No email submissions will be accepted. 
 
Learning Unit 1 (18 marks) 
Watch the following video and answer questions 1 to 5 based on the video. (8 ...
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ECS2602 Assignment 1 (ANSWERS) Semester 1 2025 - DISTINCTION GUARANTEED
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Achieve a distinction with this comprehensive and well-organized set of ECS2602 Assignment 1 (ANSWERS) Semester 1 2025 - DISTINCTION GUARANTEED. Ensure accuracy and excellence in your submission!!!!
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ECS2602 ASSIGNMENT 3 2024 SEMESTER 2 What happens to the implied real wage if the markup by rms increases? Select one: A. It decreases. B. It uctuates with the unemployment rate. C. It remains unchanged. D. It increases. According to the price-se
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ECS2602 ASSIGNMENT 3 2024 SEMESTER 2 
 
 What happens to the implied real wage if the markup by rms increases? 
 Select one: 
 A. It decreases. 
 B. It uctuates with the unemployment rate. 
 C. It remains unchanged. 
 D. It increases. 
 
 According to the price-setting relation, which one of the following will NOT in uence price-setting by rms in an imperfectly 
 competitive market? 
Select one: 
 A. the relation between the inputs used in production and the quantity of output produced 
 B. the...
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ASSIGNMENT 2 ECS2602 DISTINCTION GUARANTEED MACROECONOMICS ASSIGNMENT 2 SEMESTER 2 2023 EXPECTED QUESTIONS AND SOLUTIONS
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ECS2602 ASSIGNMENT 2 DISTINCTION GUARANTEED MACROECONOMICS ASSIGNMENT 2 SEMESTER 2 2023 EXPECTED QUESTIONS AND SOLUTIONS
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ECS2602 ASSIGNMENT 2 SEMESTER 2 2024 The diagram illustrates _____________ monetary policy, the interest rate ___________, and the LM curve shifts _____________. Select one: A. an expansionary; decreases; downwards B. a contractionary; decreases; down
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ECS2602 ASSIGNMENT 2 SEMESTER 2 2024 
 
The diagram illustrates _____________ monetary policy, the interest rate ___________, and the LM curve shifts _____________. 
 Select one: 
 A. an expansionary; decreases; downwards 
 B. a contractionary; decreases; downwards 
 C. an expansionary; increases; upwards 
 D. a contractionary; decreases; downward 
 
 If government spending decreases, what would be the impact on the interest rate in the IS-LM model? 
 Select one: 
 A. The interest rate is unchan...
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