Ecs2602 macroeconomics Study guides, Study notes & Summaries
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ECS2602 EXAM STUDY PACK 2022
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ECS2602 EXAM STUDY PACK 2022. ECS2602 - Macroeconomics 
In the goods market model a decrease in taxes will result in … 
a) an increase in autonomous consumption. 
b) an increase in disposable income. 
c) an increase in income. 
d) a decrease in induced consumption. 
1) a, b and c 
2) a, b and d 
3) b, c and d 
4) a, c and d 
5) None of the options 1 to 4 (correct option is 5.) 
Explanation 
A decrease in taxes increases disposable income and consequently induced consumption spending 
increases...
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ECS2602 - Macroeconomics (ECS2602) Assignment 2 semester 1 year 2022
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Exam (elaborations) ECS2602 - Macroeconomics (ECS2602)
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ECS2602. Assessment 2 for 1st semester 2023. 2 different attempts. pass guaranteed.
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ECS2602. Assessment 2 for 1st semester 2023. 2 different attempts. pass guaranteed.
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MAC1501 Assignment 5 (ASNWERS) Semester 1 2023
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MAC1501 Assignment 5 (ASNWERS) Semester 1 2023 100% TRUSTED workings, explanations and solutions. Whatsapp 067 171 1739 for assistance ...............................................................
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ECS2602 - Macroeconomics SUMMARY STUDY NOTES 2022.
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ECS2602 - Macroeconomics SUMMARY STUDY NOTES 2022. Learning unit 1: An overview of the South African Macroeconomic 
Environment 
Economic growth - Economic growth takes place when the total output 
(production) of goods and services in an economy increases. It is 
traditionally defined as the annual rate of increase in total output 
(production) or income in the economy. This definition has to be qualified 
in two important respects. 
1. Production, or income should be measured in real terms ...
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ECS2602 Macroeconomics EXAM PACK 2022 (Complete Exam prep).
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ECS2602 Macroeconomics EXAM PACK 2022 (Complete Exam prep). ECS2602 TEST BANK 
Question 1 
Which of the following statements is/are correct? 
a) In this module we only study the demand side of the economy which includes the goods market and the financial 
market. The labour market form part of the supply side analysis and are therefore excluded from this module. 
b) The two most important accounts of the balance of payments are the current account and the financial account. 
c) If total output d...
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ECS2602 - Macroeconomics (2024 Summarized notes)
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Comprehensive notes on Macroeconomics. Based on the textbook, these notes focus on procurement processes that connects data collection, spend analysis, market research, negotiation, and contracting. 
These concepts include team building, leadership, problem solving, management roles, and planning. Pass all formative assessments for ECS2602 with these comprehensive notes.
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ECS2602 EXAM PACK 2022
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Latest exam pack questions and answers, perfect for exam preparation
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ECS2602 - ASSIGNMENT 3 - SEMESTER 2
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his question is based on the following diagram of an IS-LM model for an open economy 
A decrease in government spending causes ... 
A. a decrease in the demand for goods and the level of output; a decrease in the demand for money and the 
interest rate; a depreciation of the domestic currency and the trade balance deteriorates as exports 
increases. 
B. a decrease in the demand for goods and the level of output; a decrease in the demand for money and the 
interest rate; a depreciation of the dom...
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ECS2602 ASSIGNMENT 1 SEMESTER 1 2022
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ECS2602 
ASSIGNMENT 1 
SEMESTER 1 
2 
1. Which of the following statements are correct? 
a. Macroeconomics studies the determination of the level of output and income for a 
specific firm. 
b. In macroeconomics we focus on the interaction between different markets, 
such as the goods market, the financial market, the labour market and the foreign 
exchange market. 
c. Real GDP per capita is widely used as a measure of economic welfare or 
wellbeing of the residents of a country. 
d. The main ins...
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