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Started on Thursday, 1 June 2023, 9:13 AM
State Finished
Completed on Thursday, 1 June 2023, 9:27 AM
Time taken 14 mins
Marks 14.00/20.00
Grade 70.00 out of 100.00
Question 1
Incorrect
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Question text
A decrease in the market interest rates
a.
will result in a downward movement along the money demand curve.
b.
will result in a rightward shift of the money demand curve.
c.
will result in an upward movement along the money demand curve.
d.
will result in a leftward shift of the money demand curve.
Feedback
Refer to page 264 – 265 and figure 14-1 for a discussion on how a change in the interest
rate will affect the demand for money for passive balances or speculative purposes.
Question 2
Correct
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Question text
Which one of the following statements is correct?
,a.
Nationalising an organisation would increase its efficiency
b.
Nationalisation will attract foreign direct investment, which will increase foreign reserves.
c.
Eskom is an example of a nationalised entity.
d.
The transfer of ownership from a private enterprise to the government is called
nationalisation.
Feedback
Nationalisation and privatisation are discussed in box 3-1 on page 51 of the textbook.
Nationalisation is the transfer of private enterprise to the government. Eskom is a state-
owned enterprise and not an example of nationalisation because from its inception the
government was and still is the only shareholder of Eskom.
Question 3
Correct
Mark 1.00 out of 1.00
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Question text
Which of the following are three major flows in the economy as a whole?
a.
Spending, total income, and production.
b.
Saving, total investment, and spending.
c.
Total spending, total income, and total production.
d.
Total income, spending, and saving.
Feedback
The economy consists of three major flows, namely total spending, total income, and
total production.
Question 4
, Correct
Mark 1.00 out of 1.00
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Question text
Which one of the following statements is correct regarding the national budget?
a.
It is presented by the Governor of the South Africa Reserve Bank (SARB).
b.
It is an instrument of monetary policy.
c.
It is an instrument of fiscal policy.
d.
It is presented biannually.
Feedback
The national Budget is an instrument of fiscal policy.
Question 5
Correct
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Question text
Suppose Katlego owns a jewellery import business. Katlego imports necklaces and other
jewellery from the United States. If there is a depreciation in the Rand against the Dollar,
which of the following is correct about Katlego’s business?
a.
Katlego would need less Rands to purchase the jewellery and will reduce her prices.
b.
Katlego would need more Rands to purchase the jewellery and will raise her prices.
c.
Started on Thursday, 1 June 2023, 9:13 AM
State Finished
Completed on Thursday, 1 June 2023, 9:27 AM
Time taken 14 mins
Marks 14.00/20.00
Grade 70.00 out of 100.00
Question 1
Incorrect
Mark 0.00 out of 1.00
Flag question
Question text
A decrease in the market interest rates
a.
will result in a downward movement along the money demand curve.
b.
will result in a rightward shift of the money demand curve.
c.
will result in an upward movement along the money demand curve.
d.
will result in a leftward shift of the money demand curve.
Feedback
Refer to page 264 – 265 and figure 14-1 for a discussion on how a change in the interest
rate will affect the demand for money for passive balances or speculative purposes.
Question 2
Correct
Mark 1.00 out of 1.00
Flag question
Question text
Which one of the following statements is correct?
,a.
Nationalising an organisation would increase its efficiency
b.
Nationalisation will attract foreign direct investment, which will increase foreign reserves.
c.
Eskom is an example of a nationalised entity.
d.
The transfer of ownership from a private enterprise to the government is called
nationalisation.
Feedback
Nationalisation and privatisation are discussed in box 3-1 on page 51 of the textbook.
Nationalisation is the transfer of private enterprise to the government. Eskom is a state-
owned enterprise and not an example of nationalisation because from its inception the
government was and still is the only shareholder of Eskom.
Question 3
Correct
Mark 1.00 out of 1.00
Flag question
Question text
Which of the following are three major flows in the economy as a whole?
a.
Spending, total income, and production.
b.
Saving, total investment, and spending.
c.
Total spending, total income, and total production.
d.
Total income, spending, and saving.
Feedback
The economy consists of three major flows, namely total spending, total income, and
total production.
Question 4
, Correct
Mark 1.00 out of 1.00
Flag question
Question text
Which one of the following statements is correct regarding the national budget?
a.
It is presented by the Governor of the South Africa Reserve Bank (SARB).
b.
It is an instrument of monetary policy.
c.
It is an instrument of fiscal policy.
d.
It is presented biannually.
Feedback
The national Budget is an instrument of fiscal policy.
Question 5
Correct
Mark 1.00 out of 1.00
Flag question
Question text
Suppose Katlego owns a jewellery import business. Katlego imports necklaces and other
jewellery from the United States. If there is a depreciation in the Rand against the Dollar,
which of the following is correct about Katlego’s business?
a.
Katlego would need less Rands to purchase the jewellery and will reduce her prices.
b.
Katlego would need more Rands to purchase the jewellery and will raise her prices.
c.
