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In 2008, South Africa experienced higher job losses in the mining industry, resulting from insufficient demand for mining commodities. This is
Dashboard
an / Courses / UNISA / 2022 / Semester 2 / ECS1601-22-S2 / Online assessments / Assessment 6
example of…
a. structural unemployment
b. cyclical unemployment
c. seasonal unemployment
d. frictional unemployment
See the explanations of the potential causes of cyclical unemployment on page 402 in the prescribed textbook.
Started on
State
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on
Time
taken
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Question 1
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Question text
In the business cycle, the recession phase is followed by a/an …
a.
upswing
b.
trough
c.
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downswing
d.
peak
Question 2
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Question text
Suppose that real GDP for 2009 was 1 000 and the rate of
economic growth between 2009 and 2010 was 5%, what is real
GDP for 2010?
a.
950
b.
1 500
c.
1 050
d.
1 005
Question 3
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Question text
Increased unemployment benefits and less incentive to work can
be illustrated by
a.
a rightward shift of the aggregate supply curve.
b.
a leftward shift of the aggregate supply curve.
c.
a rightward shift of the aggregate demand curve.
d.
a leftward shift of the aggregate demand curve.
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ECS
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ECS1601 ASSIGNMENT 6
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MENU
In 2008, South Africa experienced higher job losses in the mining industry, resulting from insufficient demand for mining commodities. This is
Dashboard
an / Courses / UNISA / 2022 / Semester 2 / ECS1601-22-S2 / Online assessments / Assessment 6
example of…
a. structural unemployment
b. cyclical unemployment
c. seasonal unemployment
d. frictional unemployment
See the explanations of the potential causes of cyclical unemployment on page 402 in the prescribed textbook.
Started on
State
Completed
on
Time
taken
Marks
Grade
Question 1
Correct
Mark 1.00 out of 1.00
Flag question
Question text
In the business cycle, the recession phase is followed by a/an …
a.
upswing
b.
trough
c.
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=3483395&cmid=117347#question-3564456-17 2/9
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downswing
d.
peak
Question 2
Correct
Mark 1.00 out of 1.00
Flag question
Question text
Suppose that real GDP for 2009 was 1 000 and the rate of
economic growth between 2009 and 2010 was 5%, what is real
GDP for 2010?
a.
950
b.
1 500
c.
1 050
d.
1 005
Question 3
Correct
Mark 1.00 out of 1.00
Flag question
Question text
Increased unemployment benefits and less incentive to work can
be illustrated by
a.
a rightward shift of the aggregate supply curve.
b.
a leftward shift of the aggregate supply curve.
c.
a rightward shift of the aggregate demand curve.
d.
a leftward shift of the aggregate demand curve.
Question 4
Correct
Mark 1.00 out of 1.00
Flag question
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