Ecs1601 test bank Study guides, Study notes & Summaries
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ECS1601 TEST BANK
- Exam (elaborations) • 226 pages • 2023
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ECS1601 
TEST BANK. 100% correct questions, answers, workings, and explanations
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ECS1601 Over 400 Multiple Choice Questions and Answers (All you need for exams and assignments) Searchable Document!
- Exam (elaborations) • 208 pages • 2022
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ECS1601 Over 400 Multiple Choice Questions and Answers (All you need for exams and assignments) Searchable Document!
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ECS1601 TEST BANK 2023 COMPLETE WITH ALL THE ANSWERS.
- Exam (elaborations) • 256 pages • 2023
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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 ...
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ECS1601 TEST BANK answers 2023 verified 100%
- Exam (elaborations) • 90 pages • 2023
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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 and use this income to purchase finished 
consumer goods and services. 
Question 2 
The correct alternative is [4]. 
Explanation 
A factor market is a market where factors of production such as labour, land and capital are 
traded. Therefore, in this case only the sale of land (i.e. farmland) will occur in a factor ma...
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ECS1601 TEST BANK
- Exam (elaborations) • 230 pages • 2022
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ECS1601 TEST BANK 
ECS1601 TEST BANK 
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 a...
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ECS1601 TEST BANK REAL EXAM QUESTIONS AND VERIFIED ANSWERS WITH EXPLANTIONS 2024 LATES UPDATE// ALREADY GRADED A+
- Exam (elaborations) • 229 pages • 2024
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ECS1601 TEST BANK REAL EXAM QUESTIONS AND VERIFIED ANSWERS WITH EXPLANTIONS 2024 LATES UPDATE// ALREADY GRADED A+ 
 
ECS1601 TEST BANK REAL EXAM QUESTIONS AND VERIFIED ANSWERS WITH EXPLANTIONS 2024 LATES UPDATE// ALREADY GRADED A+ 
 
ECS1601 TEST BANK REAL EXAM QUESTIONS AND VERIFIED ANSWERS WITH EXPLANTIONS 2024 LATES UPDATE// ALREADY GRADED A+ 
 
ECS1601 TEST BANK REAL EXAM QUESTIONS AND VERIFIED ANSWERS WITH EXPLANTIONS 2024 LATES UPDATE// ALREADY GRADED A+ 
 
ECS1601 TEST BANK REAL EXAM QUES...
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ECS1601 TEST BANK Macroeconomics (University of South Africa)
- Exam (elaborations) • 229 pages • 2023
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ECS1601 TEST BANK Macroeconomics (University of South Africa) 
ECS1601 TEST BANK 
 
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, ...
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ECS1601 TEST BANK REAL EXAM QUESTIONS AND VERIFIED ANSWERS WITH EXPLANTIONS 2024 LATES UPDATE// ALREADY GRADED A+
- Exam (elaborations) • 229 pages • 2024
- Available in package deal
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- R609,85
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ECS1601 TEST BANK REAL EXAM QUESTIONS AND VERIFIED ANSWERS WITH EXPLANTIONS 2024 LATES UPDATE// ALREADY GRADED A+ 
 
ECS1601 TEST BANK REAL EXAM QUESTIONS AND VERIFIED ANSWERS WITH EXPLANTIONS 2024 LATES UPDATE// ALREADY GRADED A+ 
 
ECS1601 TEST BANK REAL EXAM QUESTIONS AND VERIFIED ANSWERS WITH EXPLANTIONS 2024 LATES UPDATE// ALREADY GRADED A+ 
 
ECS1601 TEST BANK REAL EXAM QUESTIONS AND VERIFIED ANSWERS WITH EXPLANTIONS 2024 LATES UPDATE// ALREADY GRADED A+ 
 
ECS1601 TEST BANK REAL EXAM QUES...
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ECS1601 - MCQ Test Bank (2022)
- Exam (elaborations) • 227 pages • 2022
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Contains frequently asked MCQ Questions and Answers from Past Exam Papers and Assignments - Answers supported by references. Great resource for exam revision.
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ECS1601 EXAM PACK 2023
- Exam (elaborations) • 228 pages • 2023
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ECS1601Test bank with answers 
Economics, past exam papers 
Exam-Pack-Index From 
2017-2022, assignment 1, 
assignment 2, .. ..complete 
solutions 
1 
ECS1601 TEST BANK 
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 Th...
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