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ECS1601-25-Y

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Draw the Philips curve and explain the relationship illustrated by the Philips curve.

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Of the $8.5 billion pledged to help finance

South Africa’s just energy transition, what percentage of this pledged funds

will be received by Saretec? (assume: €1 = $1.30)

 (Answer hint: Type in numbers only,

without spaces in between. Round off to two decimals. E.g., 0.59%)

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In the 2020 Budget Speech, the National Treasury announced that the import tariff will decrease from 5.37% in 2019 to 4.40% in 2020, a 0.97% decline. What is the aim of the import tariffs and what does this imply to the domestic firm’s production?
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What effect does depreciation of the rand have on the South African current account in the balance of payments and domestic prices?
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In 2020, Melokuhle earned a salary of R20 000 a month and paid an income tax of R2 800; his salary increased to R25 000 a month, and he now pays an income tax of R3 100. This is an example of a………
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In South Africa, excise duty is levied on………
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The quantity of money demanded for precautionary purposes decreases if
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What are the three basic functions of money?

 a) Medium of exchange

 b) Store of value

 c) Barter system

 d) Unit of account
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Suppose the SARB increases repo rate in an attempt to curb inflation. As a result the….
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Which one of the following is the main objective of macroeconomic policy?
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