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ECS1601-25-EX10A

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In the business cycle, the recession phase is followed by a/an …
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The monetary transmission mechanism refers to the impact of_____________.
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An appropriate government intervention in the economy …
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Which of the following is an argument in favour of nationalisation?
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Which of the following is/are correct regarding the distinction between macroeconomics and microeconomics?

a) Salaries paid to Checkers employees is an example of a macroeconomic variable.

b) An import by Auto Spares of a new machine for painting cars is an example of a microeconomic variable.

 

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Assume in 2018, South African economy was experiencing stagflation. Following the implementation of incomes policy in the last quarter of 2018, the economy moved out of stagflation during the first quarter of 2019. This will be illustrated by a/an…
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When the rand appreciates against the dollar, it

a. appreciates against other currencies as well.

b. stimulates the exports and dampens the imports.

c. improves the balance of payments.

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The effect of a change in the price level on consumer’s purchasing power is called…
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Many economists believe that the aftermath of the COVID-19 pandemic for the economy could be stagflation, which can be illustrated by …
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If the consumption schedule coincided with the 45-degree line ...
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