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Dashboard / Courses / UNISA / 2023 / Semester 1 / ECS1601-23-S1 / Online assessments / Assessment 3
Started on Tuesday, 18 April 2023, 7:09 PM
State Finished
Completed on Tuesday, 18 April 2023, 7:52 PM
Time taken 43 mins 19 secs
Marks 20.00/20.00
Grade 100.00 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
With the given information, answer the question.
Autonomous consumption R 500 billion
Autonomous government expenditure R 200 billion
Autonomous investment R 250 billion
Autonomous exports R 400 billion
Autonomous imports R 250 billion
Marginal propensity to consume 0,8
What is the size of the multiplier?
Answer:
5
, Question 2
Correct
Mark 1.00 out of 1.00
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This question is based on the information below:
Dashboard / Courses / UNISA / 2023 / Semester 1 / ECS1601-23-S1 / Online assessments / Assessment 3
Based on the information above, what is the change in government spending required for the economy to reach full employment? (at each
step of your calculation, round off to 2 decimal places)
a. R2 229 million
b. R1 311 million
c. R2 771 million
d. R3 689 million
Dashboard / Courses / UNISA / 2023 / Semester 1 / ECS1601-23-S1 / Online assessments / Assessment 3
Started on Tuesday, 18 April 2023, 7:09 PM
State Finished
Completed on Tuesday, 18 April 2023, 7:52 PM
Time taken 43 mins 19 secs
Marks 20.00/20.00
Grade 100.00 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
With the given information, answer the question.
Autonomous consumption R 500 billion
Autonomous government expenditure R 200 billion
Autonomous investment R 250 billion
Autonomous exports R 400 billion
Autonomous imports R 250 billion
Marginal propensity to consume 0,8
What is the size of the multiplier?
Answer:
5
, Question 2
Correct
Mark 1.00 out of 1.00
MENU
This question is based on the information below:
Dashboard / Courses / UNISA / 2023 / Semester 1 / ECS1601-23-S1 / Online assessments / Assessment 3
Based on the information above, what is the change in government spending required for the economy to reach full employment? (at each
step of your calculation, round off to 2 decimal places)
a. R2 229 million
b. R1 311 million
c. R2 771 million
d. R3 689 million
