Ecs1601 exam pack Study guides, Study notes & Summaries

ECS1501 EXAM PACK AND NOTES

ECS1601 LATEST EXAM PACK, University of South Africa, UNISA

QUESTIONS AND ANSWERS

ECS1601 LATEST Exam Pack 2022 with notes and past assignments for revision. Assignments for 2021 Pack (1,2,3 and 4) all have been answered in detail. These are for 2021 the latest assignment memo's. Past Exam Paper Memos (Q & A) 2019 - 2020. Detailed notes included!

Question 1 In the goods market of the circular flow model, .... 1) firms buy factors of production from consumers 2) firms buy finished products from households 3) consumers buy factors of production from firms 4) firms sell factors of production to the government 5) consumers buy finished products from firms The correct alternative is [5]. Explanation In the goods market of the circular flow model, consumers receive income in the form of salaries and wages, interest, rent and profit an...

2021     Increase income to South African economy and increase income to South African producers of goods and services.   18. 1 Reference: Prescribed book PG 259 M3 is equal to M2 plus all long-term deposits of the domestic private sector with monetary institutions.   At the macro or aggregate level, the transactions demand for money is therefore a function of the total income in the economy. 1. 3 Reference: Prescrib...

ECS1601 - summarised notes with past papers. This pack will help you to better grasp the module, and help with your time management. The pack is great for assignment help and exam preparations. All the best with your studies and remember that questions are repeated often, with a pack like this it simplifies the module and allows you to focus on the key areas and not let you be overwhelmed. Answers are researched from past tutorials and the book - Understanding Macroeconomics Second Edition. Mohr...