9/18/24, 4:28 PM Assessment 5: Attempt review
UNISA 2024 ECS1601-24-Y Online assessments Assessment 5
QUIZ
Started on Wednesday, 18 September 2024, 3:43 PM
State Finished
Completed on Wednesday, 18 September 2024, 4:24 PM
Time taken 41 mins 14 secs
Marks 19.00/20.00
Grade 95.00 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
When the tax rate decreases, the size of the multiplier___________. As a result, the equilibrium level of income
will_____________.
a. decreases; increase
b. increases; remain unchanged
c. decreases; decrease
d. increases; increase
Your answer is correct.
When the tax rate is added, it reduces the consumption function, the size of the multiplier decreases, and as a result, the
equilibrium level of income also decreases. When the tax rate decreases, the disposable income increases, and the size of
the multiplier also increases. As a result, the equilibrium level of income increases.
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=22387514&cmid=871351 1/12
UNISA 2024 ECS1601-24-Y Online assessments Assessment 5
QUIZ
Started on Wednesday, 18 September 2024, 3:43 PM
State Finished
Completed on Wednesday, 18 September 2024, 4:24 PM
Time taken 41 mins 14 secs
Marks 19.00/20.00
Grade 95.00 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
When the tax rate decreases, the size of the multiplier___________. As a result, the equilibrium level of income
will_____________.
a. decreases; increase
b. increases; remain unchanged
c. decreases; decrease
d. increases; increase
Your answer is correct.
When the tax rate is added, it reduces the consumption function, the size of the multiplier decreases, and as a result, the
equilibrium level of income also decreases. When the tax rate decreases, the disposable income increases, and the size of
the multiplier also increases. As a result, the equilibrium level of income increases.
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=22387514&cmid=871351 1/12
