Learn more about our help with Assignments: Macroeconomics
Search & Filtering
Macroeconomics
based on the international trade effect, how would an increase in the price level in south africa affect the exchange rate and aggregate demand?
Macroeconomics
A Which of the following is not a macroeconomic objective?
1.Price stability 2.Budget surplus 3.Economic growth 4.Equitable distribution of income
B If GDP is less than GDE( gross domestic expenditure) , then
1.The country has a surplus on the current account 2.Exports are less than imports 3.The country is consuming less than it is producing 4.The country is a net export
C. Which of the following countries have the highest inequality? Important:Change all the values to the same measurement, that is, either change the Gini coefficients to Gini indexes(or vice versa) and then compare the values
1 Brazil with a Gini coefficient of 0,52
2 India with a Gini index of 33,3
3 South Africa with a Gini coefficient of 0,65
4 China with a Gini index of 37,0
1.Price stability 2.Budget surplus 3.Economic growth 4.Equitable distribution of income
B If GDP is less than GDE( gross domestic expenditure) , then
1.The country has a surplus on the current account 2.Exports are less than imports 3.The country is consuming less than it is producing 4.The country is a net export
C. Which of the following countries have the highest inequality? Important:Change all the values to the same measurement, that is, either change the Gini coefficients to Gini indexes(or vice versa) and then compare the values
1 Brazil with a Gini coefficient of 0,52
2 India with a Gini index of 33,3
3 South Africa with a Gini coefficient of 0,65
4 China with a Gini index of 37,0
Macroeconomics
Which of these is an indicator of increased economic growth in a nation?
Macroeconomics
Consider the real exchange rate. Suppose that the nominal exchange rate is 30, which is 10% lower than the level predicted by the absolute PPP. Answer how much the real exchange rate is.
Macroeconomics
Suppose in an economy there are 1 million employed people, 2 million unemployed people and a total adult population of 6 million people. Answer the following:
a) What is the labor force?
b) What is the unemployment rate?
c) What is the labor force participation rate?
a) What is the labor force?
b) What is the unemployment rate?
c) What is the labor force participation rate?
Macroeconomics
Suppose 2010 is the base year. what is the GDP deflator for 2010?
Macroeconomics
The National Development Plan of 2011 was developed in light of the following nine challenges:
1. Too few people work 2. The quality of school education for black people is poor 3. Infrastructure is poorly located, inadequate and under-maintained 4. Spatial divides hobble inclusive development 5. The economy is unsustainably resource intensive 6. The public health system cannot meet demand or sustain quality 7. Public services are uneven and often of poor quality 8. Corruption levels are high 9. South Africa remains a divided society
1. Too few people work 2. The quality of school education for black people is poor 3. Infrastructure is poorly located, inadequate and under-maintained 4. Spatial divides hobble inclusive development 5. The economy is unsustainably resource intensive 6. The public health system cannot meet demand or sustain quality 7. Public services are uneven and often of poor quality 8. Corruption levels are high 9. South Africa remains a divided society
Macroeconomics
A The rand price of the US dollar increased to R12,02 in March 2015 from R11,53 in February 2015.This means that the South African... rand against the dollar and the dollar.... against the rand
1 appreciated, appreciated
2 appreciated, depreciated
3 depreciated, appreciated
4 depreciated, depreciated
B Which change in the rand dollar foreign exchange market will cause the ZAR (rand) to appreciate and the amount of USD traded daily to increase?
1 a shift of the supply of the USD curve to the left
2 a shift of the supply of the USD curve to the right
3 a shift of the demand for the USD to the left
4 a shift of the demand for the USD to the right
C What type of event must happen for the exchange rate to change from R8:$1 to R9:$1 and the amount of USD traded daily to increase,
1 China starts producing cheaper goods than the United States
2 The gold prices increases
3 More South African visit the United States
4 After a crime wave, American tourists cancel their plans to visit South Africa
1 appreciated, appreciated
2 appreciated, depreciated
3 depreciated, appreciated
4 depreciated, depreciated
B Which change in the rand dollar foreign exchange market will cause the ZAR (rand) to appreciate and the amount of USD traded daily to increase?
1 a shift of the supply of the USD curve to the left
2 a shift of the supply of the USD curve to the right
3 a shift of the demand for the USD to the left
4 a shift of the demand for the USD to the right
C What type of event must happen for the exchange rate to change from R8:$1 to R9:$1 and the amount of USD traded daily to increase,
1 China starts producing cheaper goods than the United States
2 The gold prices increases
3 More South African visit the United States
4 After a crime wave, American tourists cancel their plans to visit South Africa
Macroeconomics
A Value Added Tax is an example of which type of taxes?
1 general tax, indirect tax and progressive tax
2 selective tax, direct tax and progressive tax
3 selective tax, indirect tax and regressive tax
4 general tax, indirect tax and regressive tax
B What does it mean when there is a surplus on a country’s current account?
1 The value of a country’s assets is more than the value of its liabilities
2 The value of a country’s liabilities is more than the value of its assets
3 The value of a country’s exports is more than the value of of its imports
4 The value of a country’s imports is more than the value of its exports
C In what account in of a country’s balance of payments will the export of diamonds be recorded ?
1the current account
2the financial account
3unrecorded transactions
4a change in gold and foreign reserves
1 general tax, indirect tax and progressive tax
2 selective tax, direct tax and progressive tax
3 selective tax, indirect tax and regressive tax
4 general tax, indirect tax and regressive tax
B What does it mean when there is a surplus on a country’s current account?
1 The value of a country’s assets is more than the value of its liabilities
2 The value of a country’s liabilities is more than the value of its assets
3 The value of a country’s exports is more than the value of of its imports
4 The value of a country’s imports is more than the value of its exports
C In what account in of a country’s balance of payments will the export of diamonds be recorded ?
1the current account
2the financial account
3unrecorded transactions
4a change in gold and foreign reserves
Macroeconomics
Use the following quote from an article published by World Bank answer questions below
Before taxes and social spending, the income of the richest 10 percent in South Africa is more than 1000 times bigger than the poorest 10 percent. After taxes and social spending, this gap falls so that the income of the richest 10percent becomes 66times bigger than the poorest 10 percent..(World Bank)
A This is an example of
1monetary policy aimed to redistribute income
2monetary policy aimed to encourage economic growth
3fiscal policy aimed to redistribute income
4fiscal policy aimed to encourage economic growth
B The taxes referred to in the World Bank article satisfy which criterium of a good tax
1neutrality
2horizontal equity
3vertical equity
4administrative simplicity
Before taxes and social spending, the income of the richest 10 percent in South Africa is more than 1000 times bigger than the poorest 10 percent. After taxes and social spending, this gap falls so that the income of the richest 10percent becomes 66times bigger than the poorest 10 percent..(World Bank)
A This is an example of
1monetary policy aimed to redistribute income
2monetary policy aimed to encourage economic growth
3fiscal policy aimed to redistribute income
4fiscal policy aimed to encourage economic growth
B The taxes referred to in the World Bank article satisfy which criterium of a good tax
1neutrality
2horizontal equity
3vertical equity
4administrative simplicity
