ECS2602 Macroeconomics (ECS2602)

ECS2602 ASSIGNMENT 3 ONLINE ASSESSMENTSEMESTER 2 POSSIBLE QUESTIONS AND SOLUTIONS Question 1 of 15 This question is based on the following diagram of an IS-LM model for an open economy A decrease in government spending causes ... A. a decrease in the demand for goods and the level of output; a decrease in the demand for money and the interest rate; a depreciation of the domestic currency and the trade balance deteriorates as exports increases. B. a decrease in the demand for goods and ...

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ECS2602 -MACROECONOMICS ASSIGNMENT 1 SEMESTER 1 – 2019. Answer all questions on a mark-reading sheet. 1. Which of the following statements are correct? a. In this module we only study the demand side of the economy, which includes the goods market and the financial market. The labour market forms part of the supply side analysis and is therefore excluded from this module. b. Gross domestic product (GDP) is the total value of all goods and services produced within the boundaries of a cou...

ECS2602 -Macroeconomics ASSIGNMENT 3 ONLINE ASSESSMENT (SEMESTER 2 2018) POSSIBLE QUESTIONS AND SOLUTIONS. Question 1 of 15 This question is based on the following diagram of an IS-LM model for an open economy A decrease in government spending causes ... A. a decrease in the demand for goods and the level of output; a decrease in the demand for money and the interest rate; a depreciation of the domestic currency and the trade balance deteriorates as exports increases. B. a decrease in the...

Macroeconomics II - Popular Exam Q's MEMO 1. Using the Goods Market model explain how a balanced budget can still lead to an increase in output and income. {OR] Using the Goods Market model explain how a simultaneous increase in government spending and increase in taxes can lead to an increase in output and income. A balanced budget still increases output. The difference between the initial impact of a change in government spending and a change in taxes implies that even if the change in ...

ECS2602 Only Study Guide Macroeconomics II. This is an all-inclusive guide to ECS2602 - Macroeconomics Macroeconomics deals with the economy as a whole and not the behaviour and decisions of individual consumers, households and firms, as in microeconomics. Furthermore, macroeconomics involves determining and exploring the relationship between aggregate concepts (variables), and not determining the prices of individual goods and services through the interaction of demand and supply. In th...

ECS2602 EXAM PREP 2022 – Complete Questions & Answers. This is an all-inclusive and complete guide to ECS2602 - Macroeconomics. Autonomous consumption will ________________ while induced consumption is influenced by _________________. 1. decrease if income decreases the level of disposable income 2. increase if income increases non-income determinants of consumer spending 3. remain unchanged the level of disposable income 2018/1 1.4 2018/2 The difference between expenditure on the g...

ECS2602 - ASSIGNMENT 4 - S2 - 2016.100% CORRECT questions, answers, workings and explanations. 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 statements are correct? a. The nominal exchange rate is the relative price of domestic goods in terms of foreign goods. b. The real exchange rate is the price of the domestic currency in te...