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ECS3703 ASSIGNMENT 1 2025 SEMESTER 2 ELITE

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ECS3703 ASSIGNMENT 1 2025 SEMESTER 2 ELITE











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Uploaded on
August 17, 2025
Number of pages
20
Written in
2025/2026
Type
Exam (elaborations)
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Questions & answers

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Elite Academic Institute 068 053 513 262 1185




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Educating the world for a better change

,8/16/25, 3:04 PM Assessment 1




UNISA  2025  ECS3703-25-S2  Welcome Message  Assessment 1


QUIZ




Question 1

Not yet answered

Marked out of 2.00




To correct a balance of payments deficit and unemployment a nation requires a:


a. devaluation and expansionary fiscal and monetary policies

b.
revaluation and either expansionary or contractionary fiscal and monetary policies



c.
devaluation and either expansionary or contractionary fiscal and monetary policies



d.
devaluation and contractionary fiscal and monetary policies




Clear my choice




Question 2

Not yet answered

Marked out of 2.00




Which is not a debit transaction?




a.
Export of goods and services

b. None of the above

c. Primary income receivable

d. Secondary income receivable

Clear my choice




https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=28819261&cmid=1070163 1/6

, 8/16/25, 3:04 PM Assessment 1

Question 3

Not yet answered

Marked out of 2.00




The foreign exchange market is stable when


a.
The supply curve of foreign exchange is negatively inclined and less elastic than the

demand curve



b. All of the above

c.
The demand curve of foreign exchange is negatively inclined, and the supply curve of foreign exchange is
positively inclined



d.
The sum of the absolute values of the elasticity of the nation's demand of imports and

the foreign demand for the nation's exports is greater than one




Clear my choice




Question 4

Not yet answered

Marked out of 2.00




A depreciation of a nation's currency is


a. deflationary for the trade partner

b.
inflationary for the nation



c.
deflationary for the nation



d. any of the above

Clear my choice




https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=28819261&cmid=1070163 2/6

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