ECS1601 Study guides, Class notes & Summaries

ECS1601-LU UNIT OUTCOMES UPADTED APRIL 2023-100% VERIFIED

ECS1601 TEST BANK Macroeconomics (University of South Africa) ECS1601 TEST BANK Question 1 In the goods market of the circular flow model, …. 1) firms buy factors of production from consumers 2) firms buy finished products from households 3) consumers buy factors of production from firms 4) firms sell factors of production to the government 5) consumers buy finished products from firms The correct alternative is [5]. Explanation In the goods market of the circular flow model, ...

ECS1601 TEST BANK Macroeconomics (University of South Africa) ECS1601 TEST BANK Question 1 In the goods market of the circular flow model, …. 1) firms buy factors of production from consumers 2) firms buy finished products from households 3) consumers buy factors of production from firms 4) firms sell factors of production to the government 5) consumers buy finished products from firms The correct alternative is [5]. Explanation In the goods market of the circular flow model, ...

Which of the following is/are correct? a) Households are confronted with unlimited wants, but with limited resources with which to satisfy those wants b) The scarcity of resources necessitate households to make choices Correct Answer both a and b are correct Which of the following is/are correct regarding the distinction between macroeconomics and microeconomics? a) The price of apples at the supermarket is an example of a macroeconomic variable. b) An increase in the general price l...

Honest & trusted solutions to assignment 1 semester 2 2020. References/explanations are included. I have graduated from Unisa end of 2019 with Bcom Business Informatics degree. This is my own work and have used the prescribed material(s) as well as internet research to complete this assignment.

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ECS1601 EXAM PACK 2023

ECS1601 EXAM PACK 2023

This is the first attempt of ECS1601. The attempt focuses on learning Unit number 7-9 but the questions needs higher thinking and higher numerical skills. The exam time is very limited you might end up answering fewer questions of which is bad for your CAS marks. So to those who wants at least 75% can subscribe to studoc and get it.

ECS1601 EXAM PACK 2023