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ECS1601 ASSIGNMENT 3 SEMESTER 2 2025

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ECS1601 ASSIGNMENT 3 SEMESTER 2 2025












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Uploaded on
August 11, 2025
Number of pages
2067
Written in
2025/2026
Type
Exam (elaborations)
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The BMZ Academy @ 061 262




THE BMZ ACADEMY




@061 262 1185/068 053 8213




BMZ ACADEMY 061 262 1185/068 053 8213

,8/11/25, 7:53 AM Assessment 3 (page 1 of 20)




ECS1601-25-Y_ASS3  Introduction  Assessment 3


QUIZ




Time left 0:01:40


Question 1

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When the SARB decreases the interest
rates, investment spending will increase,
which will lead to an increase in
aggregate spending and aggregate
demand in the economy. This chain of
events is called …


a. monetary policy transmission
mechanism.

b. transmission mechanism of
contractionary monetary policy.
c. transmission mechanism of
contractionary fiscal policy.
d. fiscal policy transmission
mechanism.

Clear my choice




https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=28644888&cmid=1264790 1/1

,8/11/25, 7:53 AM Assessment 3 (page 2 of 20)




ECS1601-25-Y_ASS3  Introduction  Assessment 3


QUIZ




Time left 0:01:48


Question 2

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In the AD-AS model, the aggregate
demand curve shows…


a. the relationship between the
quantity demanded and price of
a good or service.

b. the relationship between the
general price level and the level
of total expenditure.

c. the positive relationship
between the price level and real
GDP.

d. the relationship between the
quantity demanded and the
quantity supplied.

Clear my choice




https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=28644888&cmid=1264790&page=1 1/1

, 8/11/25, 7:53 AM Assessment 3 (page 3 of 20)




ECS1601-25-Y_ASS3  Introduction  Assessment 3


QUIZ




Face not found. Try changing your ×
camera to a better lighting.
Thanks.



Time left 0:01:56


Question 3

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Expansionary demand management
policy measures tend to …


a. increase the real GDP, but reduce
inflation.
b. increase both inflation and the
level of unemployment.
c. increase the production cost,
which will decrease total
production.
d. increase both the real GDP and
inflation.

Clear my choice




https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=28644888&cmid=1264790&page=2 1/1

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