QUIZ
Started on Friday, 24 July
2026, 12:00 AM
State Finished
Completed on Friday, 24 July
2026, 12:27 AM
Time taken 26 mins 35 secs
Question 1
Complete
Marked out of 1.00
Which of the following has/have a major
impact on the level of net exports (X –
Z)?
a) the growth rate of GDP in South Africa
relative to the growth rates of GDP in
other countries
b) the price level in South Africa relative
to the price levels in other countries
c) the exchange rate between the rand
and other currencies.
a. a and b
b. a, b and c
c. b and c
d. c
e. a and c
,Information
Use these diagrams to answer the
question below:
Question 2
Complete
Marked out of 1.00
The effect of the decision by the SARB to
decrease the repo rate is shown by …
Figure 1
,Information
The diagram shows the aggregate
spending without the public and foreign
sectors.
Question 3
Complete
Marked out of 1.00
Assume there is an increase of exports
valued at R550 million and imports
valued at R200 million. The impact on the
above diagram will be illustrated by…
(i) an increase in aggregate spending,
indicating an increase from A = 400 to A
= 750.
(ii) a downward shift of the aggregate
spending curve, indicating increased
aggregate spending to 750.
(iii) the marginal propensity to import
reducing the multiplier value to 1.72.
a. Only (i) and (ii) are correct.
b. Both (ii) and (iii) are correct.
c. Only (iii) is correct.
d. (i), (ii) and (iii) are correct.
, Information
The diagram shows the aggregate
spending including government
spending.
Type your answer as a whole number
(e.g., 10). Do not include units or
commas.
Question 4
Complete
Marked out of 1.00
From the new equilibrium, to reach the
full-employment level of income of 150
million, government spending should
increase by 15 million to
close the gap.
Started on Friday, 24 July
2026, 12:00 AM
State Finished
Completed on Friday, 24 July
2026, 12:27 AM
Time taken 26 mins 35 secs
Question 1
Complete
Marked out of 1.00
Which of the following has/have a major
impact on the level of net exports (X –
Z)?
a) the growth rate of GDP in South Africa
relative to the growth rates of GDP in
other countries
b) the price level in South Africa relative
to the price levels in other countries
c) the exchange rate between the rand
and other currencies.
a. a and b
b. a, b and c
c. b and c
d. c
e. a and c
,Information
Use these diagrams to answer the
question below:
Question 2
Complete
Marked out of 1.00
The effect of the decision by the SARB to
decrease the repo rate is shown by …
Figure 1
,Information
The diagram shows the aggregate
spending without the public and foreign
sectors.
Question 3
Complete
Marked out of 1.00
Assume there is an increase of exports
valued at R550 million and imports
valued at R200 million. The impact on the
above diagram will be illustrated by…
(i) an increase in aggregate spending,
indicating an increase from A = 400 to A
= 750.
(ii) a downward shift of the aggregate
spending curve, indicating increased
aggregate spending to 750.
(iii) the marginal propensity to import
reducing the multiplier value to 1.72.
a. Only (i) and (ii) are correct.
b. Both (ii) and (iii) are correct.
c. Only (iii) is correct.
d. (i), (ii) and (iii) are correct.
, Information
The diagram shows the aggregate
spending including government
spending.
Type your answer as a whole number
(e.g., 10). Do not include units or
commas.
Question 4
Complete
Marked out of 1.00
From the new equilibrium, to reach the
full-employment level of income of 150
million, government spending should
increase by 15 million to
close the gap.
