ECS1601
Assignment
4
(COMPLETE
ANSWERS)
2025 - DUE
15
September
MY PC
2025
[Date]
[Document subtitle]
, ECS1601 Assignment 4 (COMPLETE ANSWERS) 2025 - DUE 15 September 2025
Course
Economics IB (ECS1601)
Institution
University Of South Africa (Unisa)
Book
Understanding Macroeconomics
ECS1601 Assignment 4 (COMPLETE ANSWERS) 2025 - DUE 15 September 2025; 100% TRUSTED
Complete, trusted solutions and explanations.
Question 1 [7 Marks] (Word Count = 100) With reference to the Circular flow model as well as
economic growth, detail and discuss two interventions that would most effectively support
economic resilience in Mitchells Plain?
Question 2 [18 Marks] (Word Count = 450) Study the image showing Dr. David |. Ramadan’s X
post and the background to answer the questions 2.1 to 2.3. “> Dr. David I. Ramadan xX y
@DavidiRamadan - Follow Congratulations to all #Trump voters—thanks to your dear leader's
#tariff tantrum, nearly everything we buy will cost about 20% more in the coming year. And no,
“just buy American” isn't a fix—most of these items have no U.S. equivalent. That's just the
short-term hit. 3 : ~ 3:08 AM - Apr 3, 2025 @ Page 3 of 5 ECS1601 |
Assessment 04 | Year 2025 A university of south africa UNISA Background In April 2025, US
President Donald J Trump, implemented reciprocal tariffs for countries that traded with the
USA. This is to address the United States’ $1.3 Trillion (~R 22.84 trillion) Trade Deficit'. Amongst
the countries that were levied the highest tariff include South Africa’s neighbouring country, the
Kingdom of Lesotho, with a tariff of approximately 50%. In addition, the Republic of South Africa
was also levied a tariff of approximately 30% within the same time period and came into effect
in August 2025. You are an economics 1 student from UNISA and overhear some of your peers
at the Spaza shop discussing the matter and stating that it might not be a bad thing, “Donald
Trump is doing well to help his country”.