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explain       C = 15 + 0.6Yd  


Explain the association of the following diagram (hints: the association has directions; from sales order to customers, and from customers to sales orders)?

What is segregation of duties and why internal controls need segregation of duties?


  1. You are asked to advice government on a policy consideration. The policy being considered is in effect looking to ban the importation of chicken into the country. 

Present a paper on your advice on this policy action.

Your paper should reflect: 

  1. Intended and untended consequences of this policy action
  2. Necessary integrations in other sectors necessary for this policy implementation
  3. Short run and long run impact on economic growth, unemployment, inflation and BOP

How is the short run difined in production theory and how does it differ from the long run?


Suppose "x" nation has a closed economy and nation "y" has an open economy , how could these nations determine the amount of spending ?


Is there an inflationary or deflationary gap and what is the size?

By how much would government expenditure have to change to close the gap? (assuming no shifts in other injections or withdrawals?

  1. What is the government expenditure multiplier? (assume that all expenditure in made on domestically produced goods)

Assume that full employment is achieved at a level of national income of $200 billion

Does the economy meet inflation target set out by the SARB? Calculate the inflation rate to substantiate your answer


In March 2016, Barclays Bank announced that it intends reducing its 62.3 % shareholding in Barclays Africa Group Limited (BAGL) in the coming two to three years. It is estimated this transaction is worth $4.1 billion.

a. an outflow of funds, which will be recorded on the current account of the balance of payments.

b. If Barclays sells its share to a South African Bank and then disinvests from South Africa, it will create…

c. an inflow of funds, which will be recorded on the financial account of the balance of payments.

d. an outflow of funds, which will be recorded on the financial account of the balance of payments.

e. an inflow of funds, which will be recorded on the current account of the balance of payments


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