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Give an overview of the South African economy showing the trends in the past decade


Derive the IM and IS from the following equation.
Commodity market y=c+I c=200+2/5y and I=1199-12r
Money market
MDT=1/2y
MDS=100-mr
MS=1500
As a policy consultant, use the AD-AS framework to explain how the health of the South African economy can be improved given your diagnosis
Consider the effects of a permanent decrease in the rate of nominal money growth.
Suppose that the economy can be described by the following three equations:

Illustrate the impact of an increase in government expenditure in the classical model

a).in case this increase is matched by a equal increase in lumpsum taxes

b). in case it is financed by an increase in money supply


the purchase of US goods by foreigners raises demands for the US dollar? is this correct


if the slice the price of a slice of pizza rises from $2.50 to $3, and the quantity demanded falls from 10,000 slices to 7,400 slices, using the formula for arc price elasticity (5 marks) i. What is the percentage change in price? ii. What is the percentage change in quantity? iii. What is the level of elasticity? iv. What is the interpretation the results of pizza rises from $2.


Take one company applying information systems in its business functions and answer whether the system is successful or not in terms of the IT Project Management Life Cycle. 


Discuss the type of price control that a government would implement, if it wishes to impose a national minimum wage. Include in your answer the economic effects of such a price control.
Motivate your answer with the aid

For real gross domestic product (real GDP) is the value of all goods and services produced in an economy over a particular time period.

Select one:(with explanation)

a. False

b. True



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