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Exam (elaborations)

ECS1601 ASSIGNMENT 3

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Institution
University Of South Africa (Unisa)
Course
Economics Ecs1601 (ECS1601)

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4/14/23, 2:53 PM Assessment 3: Attempt review




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Dashboard / Courses / UNISA / 2023 / Semester 1 / ECS1601-23-S1 / Online assessments / Assessment 3

Started on Friday, 14 April 2023, 1:40 PM
State Finished
Completed on Friday, 14 April 2023, 2:53 PM
Time taken 1 hour 12 mins
Marks 19.00/20.00
Grade 95.00 out of 100.00


Question 1
Correct

Mark 1.00 out of 1.00




Consider the following information to answer the question.

Government spending = R550
Exports = R330

Autonomous consumption = R280
Autonomous imports = R170

Investment expenditure = R120

Marginal propensity to consume = 0,75


What is the value of the multiplier?




Answer:

4





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Economics Ecs1601 (ECS1601)
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