ECS 2602
University of South Africa
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ECS 2602 ASSIGNMENT 2
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---18september 20212021/2022A+
- This assignment contributes 40% towards your semester mark. Please ensure that this assignment reaches the 
university before the due date. Answer all questions on a mark-reading sheet. 
1. Which of the following are fully exogenous variables in the IS-LM model? 
1. Level of output, interest rate, investment, consumption spending. 
2. Government spending, taxation, money supply, marginal propensity to consume. 
3. Interest rate, demand for money, supply of money. 
4. Consumption spending, invest...
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TestbanksNotesAssignmentsAndExampacksGuru
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Tentamen (uitwerkingen)
ECS 2602 ASSIGNMENT 1
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---34september 20212021/2022
- 1. Which of the following statements are correct? 
a. Macroeconomics studies the determination of the level of output and income for a 
specific firm. 
b. In macroeconomics we focus on the interaction between different markets, 
such as the goods market, the financial market, the labour market and the foreign 
exchange market. 
c. Real GDP per capita is widely used as a measure of economic welfare or 
wellbeing of the residents of a country. 
d. The main instrument of fiscal policy is the budget...
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$3.99 Meer Info
TestbanksNotesAssignmentsAndExampacksGuru
-
Tentamen (uitwerkingen)
ECS 2602 ASSIGNMENT 1
-
---34september 20212021/2022
- 1. Which of the following statements are correct? 
a. Macroeconomics studies the determination of the level of output and income for a 
specific firm. 
b. In macroeconomics we focus on the interaction between different markets, 
such as the goods market, the financial market, the labour market and the foreign 
exchange market. 
c. Real GDP per capita is widely used as a measure of economic welfare or 
wellbeing of the residents of a country. 
d. The main instrument of fiscal policy is the budget...
-
$3.99 Meer Info
TestbanksNotesAssignmentsAndExampacksGuru