Ecs Study guides, Class notes & Summaries

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...

ECS1601 ASSIGNMENT 5SEMESTER 2 2022

ECS1501 ASSIGNMENT 11 SEMESTER 2 2023

Mutations in genetic material from exposure to chemotherapy aretermed? - ANSWER-GenotoxicityThe Vinca Alkaloids act in which phase where they prevent celldivision? - ANSWER-M PhaseWhich of the following is likely the best way to ensure patient adherenceto oral chemotherapy? - ANSWER- Schedule a phone call with thepatient 3-5 days after therapy is initiate

Upward shifts of the AS curve are often re ferred to as adverse supply shocks. They present policymakers with a difficult situation. Expansionary fiscal or monetary policies will increase aggreg ate demand and therefore production, income and employment, but at the same time the price level will be increased even further. In other words, demand management policies can be used to counteract the effects of a supply shock on production, income and employment but only at the cost of even higher...

This tutorial letter contains the solutions to Assignments 03. 2 The purpose of this tutorial letter is to provide you with the correct answers to Assignment 03. Please do not hesitate to contact one of the lecturers if you experience any difficulties with the explanations. Good luck with your studies. Your ECS1501 lecturers 1 ANSWERS TO ASSIGNMENT 03 3.1 The correct alternative [3]. Utility is about the satisfaction the consumer gets from consuming a good and not how often the good is...

Recent exam questions and answers and summarized notes for exam preparation. Whatsapp 067 171 1739 for assistance. All the best on your exams!! Explanation In country A autonomous consumption is 2 000 while in country B it is 1 000. It is therefore higher in country A. Induced consumption is that part of consumption that depends on income. To know what the induced consumption is we need not only to know what the marginal propensity to consume is but also what the income is. We can there...

OCTOBER/NOVEMBER 2014 Question 1 1.1 Bond attracts interest as return stock attracts dividends as return. 1.2 They have expertise thus they can detect and prevent adverse selection. -they have economies of scale 1.3 –to protect depositors -to detect investors -to prevent financial crisis. 1.4 money market is market for short-term funds eg TB -capital market is a market for long term funds eg stock 1.5 M2 = -Is a broader definition of money M1 plus deposits which are -cash/currenc...

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