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Dashboard / Courses / UNISA / 2023 / Semester 1 / ECS1601-23-S1 / Online assessments / Assessment 4
Started on Thursday, 11 May 2023, 3:06 PM
State Finished
Completed on Thursday, 11 May 2023, 4:21 PM
Time taken 1 hour 15 mins
Marks 20.00/20.00
Grade 100.00 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
If the inflation rate increases and nominal interest rate is unchanged, then _________.
a. the real interest rate will decrease
b. the real interest rate will increase
c. the nominal interest rate will decrease
d. the real interest rate will be unchanged
Refer to section 10.3 of the prescribed textbook.
Question 2
Correct
Mark 1.00 out of 1.00
A depreciation of the rand may have inflationary consequences in South Africa because it…
a. Increases the costs of exports.
b. Discourages savings.
c. Discourages exports.
d. Increases the costs of imported goods.
Refer to section 10.4 of the prescribed textbook.
Dashboard / Courses / UNISA / 2023 / Semester 1 / ECS1601-23-S1 / Online assessments / Assessment 4
Started on Thursday, 11 May 2023, 3:06 PM
State Finished
Completed on Thursday, 11 May 2023, 4:21 PM
Time taken 1 hour 15 mins
Marks 20.00/20.00
Grade 100.00 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
If the inflation rate increases and nominal interest rate is unchanged, then _________.
a. the real interest rate will decrease
b. the real interest rate will increase
c. the nominal interest rate will decrease
d. the real interest rate will be unchanged
Refer to section 10.3 of the prescribed textbook.
Question 2
Correct
Mark 1.00 out of 1.00
A depreciation of the rand may have inflationary consequences in South Africa because it…
a. Increases the costs of exports.
b. Discourages savings.
c. Discourages exports.
d. Increases the costs of imported goods.
Refer to section 10.4 of the prescribed textbook.
