Macroeconomics Answers

Now that the AcFTA has arrived, what is the possible impact; both positive and negative, on the business sector in South Africa? In your motivation you may use the GDP Formula as expressed by C + I + G + (X-M or X-Y) to illustrate your explanation. Be very specific in your motivation and your examples to clarify your response.

What is the consequence and impact of continued high failure rates, by especially NSFAS financed students, at SA Higher Education Institutions on every South Africans Debt Levels and the overall National Budget of the SA Government? In your response be very specific regarding the examples you use to clarify your response.

a. Identify and explain the Covid19 Fiscal Policy intervention made until the end of May 2021 intended to support the overall SA economy. Be specific in your explanation of those you identify, their purpose, the intended beneficiary and use appropriate examples

1. Inflation is a constant reality that has to be considered in all decision making including the process used to arrive at its current figure. In SA an Inflation Rate is provided for the country. Is the actual Inflation Rate the same for those South Africans living in the Northern Cape Province as it is for those living in the Western Cape? If it is the same for both Provinces indicate why and if it is not, also indicate why. Motivate your response clearly using specific examples

Derek loans an amount from the bank to start a business. The annual interest is 11 percent on the loan amount. He has to pay the interest amount in equal monthly installments. From his business’s perspective, the interest that he has to pay is a type of:

Select one:

a. variable cost.

b. opportunity cost.

c. accounting cost.

d. sunk cost.

e. marginal cost.

Which of the following falls under the purview of microeconomics?

Select one:

a. Interest rate

b. Aggregate savings

c. Inflation

d. Exchange rate

e. Profit