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The Nottinghamshire Research Observatory in England calculated that students who attend Nottingham Technical University spend about
Please explain in three well-structured paragraphs the impact of a change in the savings rate on the output.

Discuss Maslow's suggestion that "People are in a continuous state of motivation and that the nature of that motivation is complex". Not more than 350 words.


Explain multicollinearity and the consequences one is likely to encounter in cases of
near or high multicollinearity (3 marks)
ii. Define Variance Inflation Factor and explain how it can be used to detect the presence
of multicollinearity in a model. (3 marks)
iii. Consider the following estimated Ordinary Least Square results where the sample size
is 5
Yt = 1.2108 + 0.4014X2i + 0.0270X3i
Se (0.7480) (0.2721) (0.1252)

R
2 = 0.8143, r23 = 0.8285 (correlation between X2i and X3i)
Is multicollinearity present in the model? Give reasons to support your answer. (3
Examine four reasons why certain goods and services are usually supplied directly by the
government rather than through the market
Analyse the various conceptual issues associated with globalisation
Discuss the various perspectives on the definition of globalisation and the resulting
features/characteristics of globalisation.
If the price elasticity of demand for Omo washing powder is 3.0, a ________ drop in price leads to a __________ rise in the quantity demanded.



A. R1 000; 333-unit



B. R1 000; 3000-unit



C. 12 per cent; 36 per cent



D. 12 per cent; 4 per cent
If the price elasticity of demand for Omo washing powder is 3.0, a ________ drop in price leads to a __________ rise in the quantity demanded.



A. R1 000; 333-unit



B. R1 000; 3000-unit



C. 12 per cent; 36 per cent



D. 12 per cent; 4 per cent

Think about your investment possibilities for 3 years holding period in real investment environment.

a) What could be your investment objectives?

b) What amount of funds you could invest for 3 years period?

c) What investment vehicles could you use for investment? (What types of investment vehicles are available in your investment environment?)

d) What type(-es) of investment vehicles would be relevant to you? Why?

e) What factors would be critical for your investment decision making in this particular investment environment?


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