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Macroeconomics
An appreciation of the rand against the dollar
1 will worsen the current account balance but improve domestic price
2 improve the current account balance but worsen domestic price
3 improve the current account balance as well as reduce domestic price
4 worsen both balance in the current account as well as domestic price
1 will worsen the current account balance but improve domestic price
2 improve the current account balance but worsen domestic price
3 improve the current account balance as well as reduce domestic price
4 worsen both balance in the current account as well as domestic price
Macroeconomics
Explain how a competitive firm, profit maximizing firm decides how much of each factor of production to
demand?
demand?
Macroeconomics
Give three explanations why the real wage may remain above the level that equilibrates labor supply and labor
demand?
demand?
Macroeconomics
diagram to explain the three main characteristics of the consumption function.
Macroeconomics
three possible relationships between production, income and
spending in macroeconomic theory.
Macroeconomics
Five main macroeconomic objectives that south African government strives to achieve
Macroeconomics
what will happen to the rand/dollar exchange rate and the equilibrium quantity of dollars if South African exports to the United States increase.
Macroeconomics
Q.4.2 Use the information below to answer the questions below.
C = 400 + 0.6Y
I = 500
Q.4.2.1 Calculate autonomous spending. (2)
Q.4.2.2 Calculate the equilibrium level of income. (4)
Q.4.2.3 Illustrate with the aid of a diagram the equilibrium level income
calculated in Q.4.2.2
C = 400 + 0.6Y
I = 500
Q.4.2.1 Calculate autonomous spending. (2)
Q.4.2.2 Calculate the equilibrium level of income. (4)
Q.4.2.3 Illustrate with the aid of a diagram the equilibrium level income
calculated in Q.4.2.2
Macroeconomics
an appreciation of the rand against the dollar would lead to what
Macroeconomics
Suppose that Swaziland can produce either 18 tons of oranges or 9 tons of apples in a year, while Namibia can produce either 16 tons of oranges or 4 tons of apples in a year. Which of the following statements is true based on the information given above?
