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ECS1601 Assignment 3 QUIZ (COMPLETE ANSWERS) 2025 - DUE 13 August 2025

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ECS1601 Assignment 3 QUIZ (COMPLETE ANSWERS) 2025 - DUE 13 August 2025; 100% TRUSTED Complete, trusted solutions and explanations. For assistance, Whats-App 0.6.7-1.7.1-1.7.3.9. Ensure your success with us....









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ECS1601
Assignment 3 QUIZ 2025
Detailed Solutions, References & Explanations

Unique number: 154105

Due Date: 13 August 2025




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, ECS1601-25-Y_ASS3  Introduction  Assessment 3


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Demand management policy measures...


a. do not affect the aggregate supply.
b. are effective in addressing the problems of stagflation.

c. tend to change output and price level in opposite directions.
d. are also called incomes policy.

Clear my choice

, ECS1601-25-Y_ASS3  Introduction  Assessment 3


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Which of the following is correct regarding the figure above?


a. The aggregate supply increases due to the fall in the tax rate.

b. The aggregate supply increases due to the fall in the tax rate.
c. The graph shows an increasing AS curve, due to increase in output produced from some number of available inputs.

d. The graph shows an increase in AS, as a results of an increase in net exports.

Clear my choice

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