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Exam (elaborations)

ECS1500 ASSIGNMENT 6 - SEARCHABLE, GUARANTEED PASS AT 1ST ATTEMPT

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ECS1500 ASSIGNMENT 6 - SEARCHABLE, GUARANTEED PASS AT 1ST ATTEMPT. ITS EASY TO USE AND WILL SCORE YOU HIGH MARKS ON YOUR 1ST ATTEMPT

Institution
University Of South Africa (Unisa)
Course
ECS1500 - Economics 1500 (ECS1500)

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Started on Monday, 8 May 2023, 4:17 PM
State Finished
Completed on Monday, 8 May 2023, 5:01 PM
Time taken 44 mins 23 secs
Marks 28.00/40.00
Grade 70.00 out of 100.00
Feedback Excellent performance. You seem to understand
Learning Units 8, 9 and 10 well.
Question 1
Correct
Mark 2.00 out of 2.00




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Question text
The Monetary Policy Committee decides to increase the repo rate. Which of the
following can be expected to increase due to this increase in the repo rate?
(1) the prime overdraft rate
(2) the interest rate on home loans
(3) the inflation rate
(4) long-term interest rates
Select one:

a.
3

b.
1234

c.
124

d.
12
Feedback
Incorrect. The correct answer is the prime overdraft rate, the interest rate on
home loans and the long-term interest rates.
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Institution
University of South Africa (Unisa)
Course
ECS1500 - Economics 1500 (ECS1500)

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Number of pages
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Written in
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