Ecs2602 macroeconomics Study guides, Class notes & Summaries

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ECS2602 STUDY PACK 2023 Latest exam pack questions and answers and summarized notes for exam preparation. 100% TRUSTED workings, explanations and solutions. For assistance call or whatsapp us on 079 811 9845 .

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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, investment, government spending. Explanation Government spending and money supply are the factors that are regarded as exogenous variables in the IS-LM model. The level of output and incom...

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ECS2602 -MACROECONOMICS ASSIGNMENT 1 SEMESTER 1 – 2019. Answer all questions on a mark-reading sheet. 1. Which of the following statements 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 forms part of the supply side analysis and is therefore excluded from this module. b. Gross domestic product (GDP) is the total value of all goods and services produced within the boundaries of a cou...

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