ECS2602 TESTS BANK
University of South Africa
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Exam (elaborations) ECS2602 TESTS BANK exam prep 2021
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---97februari 20212020/2021A
- Question 1 
Which of the following statements is/are correct? 
a) In this module we only study the demand side of the economy which includes the goods market and the 
financial market. The labour market form part of the supply side analysis and are therefore excluded from this 
module. 
b) The two most important accounts of the balance of payments are the current account and the financial account. 
c) If total output decreases with 2% during a specific year and the general price level increases ...
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