Ecs 1601 assignment 1 Study guides, Class notes & Summaries

THSI DOCUMENT CONTAINS QUESTIONS AND ANSWERS TO THE EXPECTED QUESTIONS FOR FOR ECS 1601 ASSIGNMENT 2 OF 2022 SEMESTER 1. GOING OVER IT BEFORE TAKING THE TEST WILL MAKE SURE THAT YOU SCORE OVER 75%.

The document ECS 1601 ASSIGNMENT 1-4 2021 contain 4 assignments with answers guaranteeing you an A score in your assesment. ASSESSMENT CHANGES for 2021 ACADEMIC YEAR 3 1.1 Assignment due dates 3 Assignment 01 4 Assignment 02 16 Assignment 03 25 Assignment 04 34 1.4 The examination 49 Content of the assignment Learning units 1 to 2 of the Study guide and the relevant chapters of the prescribed book The Questions There are 46 questions The correct answer is highlighted 1.1 ...

Unique number : Closing Date : 21 August 2020 1.1 The three major flows in any economy are … [1] income, spending and saving. [2] income, government spending and consumption. [3] spending, production and investment. [4] production, income and spending. These are the flows that are discussed in the circular flow model. 1.2 The two major markets in the circular flow of income and expenditure are the … [1] foreign exchange market and factor market. [2] goods market and factor market....

ECS1601 1.The three major flows in any economy are … [1] income, spending and saving. [2] income, government spending and consumption. [3] spending, production and investment. [4] production, income and spending. These are the flows that are discussed in the circular flow model. 2.The two major markets in the circular flow of income and expenditure are the … [1] foreign exchange market and factor market. [2] goods market and factor market. [3] goods market and services market. [4]...

Ecs 1601 Assignment 1 second semester 2 -2020 Unique number : Closing Date : 21 August 2020 1.1 The three major flows in any economy are … [1] income, spending and saving. [2] income, government spending and consumption. [3] spending, production and investment. [4] production, income and spending. These are the flows that are discussed in the circular flow model. 1.2 The two major markets in the circular flow of income and expenditure are the … [1] foreign exchange market and fa...

Unique number : Closing Date : 21 August 2020 1.1 The three major flows in any economy are … [1] income, spending and saving. [2] income, government spending and consumption. [3] spending, production and investment. [4] production, income and spending. These are the flows that are discussed in the circular flow model. 1.2 The two major markets in the circular flow of income and expenditure are the … [1] foreign exchange market and factor market. [2] goods market and factor market....

ECS1601 Assignment 3 Semester 1 2022 100% TRUSTED workings, explanations and solutions. Whatsapp 4 for assistance.

Ecs 1601 Assignment 1 The quantity of money in an economy is … [1] Determined by the interaction between the cost of credit and the demand for money. [2] Fixed by the South African Reserve Bank. [3] Dependent on the money supplied. [4] Decided jointly by the Reserve Bank and the government, as it has important implications for inflation targeting. The SARB is the custodian in determining the money in circulation in the economy, this function is independent of government. ----------------...

Three broad functions of government:  the allocative function, which refers to the role of government in correcting market failure and achieving amore efficient allocation of resources  the distributive function, which refers to the steps taken by government to achieve a more equitable or sociallyacceptable distribution of income than that generated by market forces  the stabilisation function, which refers to the measures taken by government to promote macroeconomic stability (eg...

If a fall in the price level results in a decline in interest rates, the latter may result in an increased outflow of capital in pursuit of higher interest rates overseas and/or a decline in capital inflows, because domestic interest rates are less attractive than before. This would result in a greater demand for foreign currency and a lower demand for the rand, which will give rise to a depreciation of the rand against the major currencies. The weaker rand, in turn, will tend to boost expor...