UNISA 2025 ECS1500-25-Y Welcome Message Assessment 6
QUIZ
Started on Monday, 8 September 2025, 8:48 AM
State Finished
Completed on Monday, 8 September 2025, 9:01 AM
Time taken 13 mins 9 secs
Marks 33.00/39.00
Grade 84.62 out of 100.00
Feedback Excellent work! You seem to understand the content of
Learning Units 8, 9 and 10 well. Please read the
feedback provided for each question carefully and make
sure you agree with the explanations provided. Note that
you are allowed to submit 3 attempts for this
assessment and that the marks for the best attempt will
contribute towards your final credits.
,Question 1 Trade policy that affects trade between South Africa and
Correct China becomes stricter. This results in a decrease in
Mark 2.00 out of exports to China. This will result in ____________.
2.00
(1) a depreciation of the rand against the Chinese
yuan.
(2) an appreciation of the rand against the Chinese
yuan.
(3) imports from China to South Africa becoming
cheaper for South African companies.
(4) imports from China to South Africa becoming
more expensive for South African companies.
Select one:
a. only 2 and 4 are correct
b. only 2 and 3 are correct
c. only 1 and 3 are correct
d. only 1 and 4 are correct
Your answer is correct. Well done!
If exports from South Africa to China were to decrease,
this means that the supply of Chinese yuan will decrease
as less yuan will be flowing into the country. We can
illustrate this as follows:
,As you can see in the diagram the decrease in the supply
of yuan results in an increase in the price of yuan in
terms of rand, thus more rand is needed to buy the same
amount of yuan. This, therefore, means that the rand
depreciated while the yuan appreciated.
Because the rand depreciated, it also means that more is
needed to buy a certain amount of yuan than before the
change. Therefore, Chinese goods will become relatively
more expensive than previously for citizens of South
Africa.
The correct answer is: only 1 and 4 are correct
, Question 2
Last year Thabang’s salary was R25 000, and he was
Correct
taxed R4 000, but due to a promotion he now earns
Mark 2.00 out of
R35 000 and pays R6 000 tax. According to this
2.00
statement the tax is__________.
a. proportional
b. marginal
c. regressive
d. progressive
Your answer is correct.
When Thabang earned R25 000 he paid R4 000 tax, thus
16% of his salary was paid to tax. We can calculate this
as follows:
When Thabang earns R35 000 he pays R6 000 tax; thus,
17,14% of his salary was paid to tax. We can calculate
this as follows:
The percentage of his salary paid to tax therefore
increased from 16% to 17,14% when his salary increased
from R25 000 to R35 000. A tax is progressive if the
QUIZ
Started on Monday, 8 September 2025, 8:48 AM
State Finished
Completed on Monday, 8 September 2025, 9:01 AM
Time taken 13 mins 9 secs
Marks 33.00/39.00
Grade 84.62 out of 100.00
Feedback Excellent work! You seem to understand the content of
Learning Units 8, 9 and 10 well. Please read the
feedback provided for each question carefully and make
sure you agree with the explanations provided. Note that
you are allowed to submit 3 attempts for this
assessment and that the marks for the best attempt will
contribute towards your final credits.
,Question 1 Trade policy that affects trade between South Africa and
Correct China becomes stricter. This results in a decrease in
Mark 2.00 out of exports to China. This will result in ____________.
2.00
(1) a depreciation of the rand against the Chinese
yuan.
(2) an appreciation of the rand against the Chinese
yuan.
(3) imports from China to South Africa becoming
cheaper for South African companies.
(4) imports from China to South Africa becoming
more expensive for South African companies.
Select one:
a. only 2 and 4 are correct
b. only 2 and 3 are correct
c. only 1 and 3 are correct
d. only 1 and 4 are correct
Your answer is correct. Well done!
If exports from South Africa to China were to decrease,
this means that the supply of Chinese yuan will decrease
as less yuan will be flowing into the country. We can
illustrate this as follows:
,As you can see in the diagram the decrease in the supply
of yuan results in an increase in the price of yuan in
terms of rand, thus more rand is needed to buy the same
amount of yuan. This, therefore, means that the rand
depreciated while the yuan appreciated.
Because the rand depreciated, it also means that more is
needed to buy a certain amount of yuan than before the
change. Therefore, Chinese goods will become relatively
more expensive than previously for citizens of South
Africa.
The correct answer is: only 1 and 4 are correct
, Question 2
Last year Thabang’s salary was R25 000, and he was
Correct
taxed R4 000, but due to a promotion he now earns
Mark 2.00 out of
R35 000 and pays R6 000 tax. According to this
2.00
statement the tax is__________.
a. proportional
b. marginal
c. regressive
d. progressive
Your answer is correct.
When Thabang earned R25 000 he paid R4 000 tax, thus
16% of his salary was paid to tax. We can calculate this
as follows:
When Thabang earns R35 000 he pays R6 000 tax; thus,
17,14% of his salary was paid to tax. We can calculate
this as follows:
The percentage of his salary paid to tax therefore
increased from 16% to 17,14% when his salary increased
from R25 000 to R35 000. A tax is progressive if the
