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HRM3706 SUMMARISED NOTES
ECS2605 EXAM
PACK
FOR ASSISTANCE CONTACT
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This paper consists of 19 pages and three (3) sections: A, B and C. Note that
three questions are compulsory. There are no elective questions. The formulas
ECS2605 appear on page 19.
Instructions:
(1) After completion of the exam paper, submit your answers in one PDF document by
using the Assessment Info tool on myUnisa. Detailed instructions were provided
in Tutorial Letter ECS2605/102/1/2020
(2) If you experience technical problems, and are not able to submit your answers
using the Assessment Info tool on myUnisa you can use the following
alternative submission link: https://tinyurl.com/yauj5v8p . If you are still unable to
submit, email the module lecturer at .
(3) If you experience any technical problems during the completion of this exam,
contact .
(4) Submit your answers as a single document in PDF format. It is preferable that you
print the first 10 pages of this exam and fill in your answers for sections A, B and C.
However, if this is not possible, you may also type your answers for sections A, B and
C. It is the student’s responsibility to ensure that the answers to all sections are in the
single PDF document, any missing answers will receive zero.
(5) You have ticked the honesty declaration before accessing this paper. The completion
of this paper must be your own work.
(6) While you are not required to cite your sources, this does not mean that you can simply
copy information from any source. You need to answer the questions in your
own words. Plagiarism will not be tolerated and may result in disciplinary
action if detected.
Please report any information on cheating and dishonesty to the Ethics Hotline (0800 00
311
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(7) Please ensure that your PDF document is NOT encrypted to a “secured” mode and that
it is NOT password protected as these files cannot be marked. Virus infected files will
also not be marked.
[TURN OVER]
SECTION A – COMPULSORY ESSAY
QUESTIONS
Answer ALL of the following questions in the
space provided. Section A counts 20 marks in
total.
(a) What is a credit rating? (2)
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(b) Why does South Africa’s recent sovereign credit rating
downgrade imply higher funding costs for the government?
(
(c) Explain the differences in objectives between the lender-of-last-
resort function of the SARB and its accommodation policy.
(
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Distribution of this document is illegal extra per year?
HRM3706 SUMMARISED NOTES
ECS2605 EXAM
PACK
FOR ASSISTANCE CONTACT
, Stuvia.com - The Marketplace to Buy and Sell your Study Material
This paper consists of 19 pages and three (3) sections: A, B and C. Note that
three questions are compulsory. There are no elective questions. The formulas
ECS2605 appear on page 19.
Instructions:
(1) After completion of the exam paper, submit your answers in one PDF document by
using the Assessment Info tool on myUnisa. Detailed instructions were provided
in Tutorial Letter ECS2605/102/1/2020
(2) If you experience technical problems, and are not able to submit your answers
using the Assessment Info tool on myUnisa you can use the following
alternative submission link: https://tinyurl.com/yauj5v8p . If you are still unable to
submit, email the module lecturer at .
(3) If you experience any technical problems during the completion of this exam,
contact .
(4) Submit your answers as a single document in PDF format. It is preferable that you
print the first 10 pages of this exam and fill in your answers for sections A, B and C.
However, if this is not possible, you may also type your answers for sections A, B and
C. It is the student’s responsibility to ensure that the answers to all sections are in the
single PDF document, any missing answers will receive zero.
(5) You have ticked the honesty declaration before accessing this paper. The completion
of this paper must be your own work.
(6) While you are not required to cite your sources, this does not mean that you can simply
copy information from any source. You need to answer the questions in your
own words. Plagiarism will not be tolerated and may result in disciplinary
action if detected.
Please report any information on cheating and dishonesty to the Ethics Hotline (0800 00
311
Downloaded by: MasterVincent | Want to earn $1.236
Distribution of this document is illegal extra per year?
, Stuvia.com - The Marketplace to Buy and Sell your Study Material
(7) Please ensure that your PDF document is NOT encrypted to a “secured” mode and that
it is NOT password protected as these files cannot be marked. Virus infected files will
also not be marked.
[TURN OVER]
SECTION A – COMPULSORY ESSAY
QUESTIONS
Answer ALL of the following questions in the
space provided. Section A counts 20 marks in
total.
(a) What is a credit rating? (2)
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Distribution of this document is illegal extra per year?
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(b) Why does South Africa’s recent sovereign credit rating
downgrade imply higher funding costs for the government?
(
(c) Explain the differences in objectives between the lender-of-last-
resort function of the SARB and its accommodation policy.
(
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Distribution of this document is illegal extra per year?
