Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Previously searched by you
Previously searched by you
logo
  • University Of South Africa (Unisa)
  • Economics Ecs1601 (ECS1601)
To add items to your wishlist, you must be logged in
Exam (elaborations)

ECS1601 - Assessment 3 Review - Distinction - 2023

Rating
-
Sold
1
Pages
14
Grade
A+
Uploaded on
11-07-2023
Written in
2022/2023

This document serves as a guide to help reflect on my review of Assessment 3 for ECS1601. This is purely for reflection purposes and shows my decisions on the answers to the assessment as well as the marks I obtained for each answer.

Show more Read less
Institution
University Of South Africa (Unisa)
Course
Economics Ecs1601 (ECS1601)

Content preview

MENU 


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
Report Copyright Violation

Written for

Institution
University of South Africa (Unisa)
Course
Economics Ecs1601 (ECS1601)
All documents for this subject (67)

Document information

Uploaded on
July 11, 2023
Number of pages
14
Written in
2022/2023
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

  • ecs1601 assessment 3
$4.75
Get access to the full document:
Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF
Get to know the seller
Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
economicfactswarehouse
3.8
(5)

Also available in package deal

Thumbnail
Package deal
ECS1601 - All Assessments 2023 - Guaranteed Distinction
-
5 2023
$ 17.11 More info

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
economicfactswarehouse University of South Africa (Unisa)
View profile
Follow You need to be logged in order to follow users or courses
Sold
74
Member since
2 year
Number of followers
60
Documents
44
Last sold
9 months ago

3.8

5 reviews

5
3
4
0
3
1
2
0
1
1

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Learn more Create citation
Working on your references?

Frequently asked questions