ECS 2602 (ECS2602)
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Ecs2602 Assignment 1 Semester 2 - 2019
ECS2602 
 
ECS2602 ASSIGNMENT 1 
SEMESTER 2 - 2019 
ECS2602 
 
8/20/2019 
 
1.	Which of the following statements are correct? 
 
 
2.	Which of the following statements are correct? 
 
to bring about an increase in the interest rate in order to decrease the demand for goods in the economy. 
An increase is taxes implies the implementation of a contractionary fiscal policy. 
 
3. Expenditure on the gross domestic product in South Africa is spending on goods and services produced within the borde...