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Which of the following factors will cause a movement along the AD curve?



a. The government decides to fund small businesses in Limpopo.



b. The minister of finance together with the panel decide to reduce taxes.



O d. The increase in fuel price, that results in an increase in the general price level.



O c. The central bank decides to increase the repo rate.

Within the AD-AS model, what will be the impact of expansionary demand management policy on the economy?



a. real output and the price level will increase, while unemployment decrease.



c. aggregate supply will decrease and the price level increase.



d. total production and employment will increase, while inflation decrease.



O b. aggregate demand will decrease and the price level increase.

Which of the following statements is correct regarding the AD-AS model?



a. In the simple Keynesian model, prices are assumed to be variable.



O b. A decrease in aggregate demand is accompanied by a rise in total production and income.



O c. Higher unemployment accompanied by lower inflation rate is referred to as stagflation.



O d. A simultaneous increase in aggregate demand and a decrease in aggregate supply, will lead to an increase in the price level.

According to the classical cash reserve system, which of the following statements is/are true regarding banks in South Africa?



(a) They are required to hold a minimum cash reserve of 2,5% of their deposits.



(b) The level of the repo rate influences the interest rate at which the banks provide credit to individuals.



(c) The SARB provides cash reserves through accommodation policy to the banks experiencing liquidity shortage.



a. (b)



O b. (a)



c. (a) and (b)



O d. (c)



e. (a), (b) and (c)

In the AD-AS model, an expansionary fiscal policy may lead to a...



a. rightward shift of aggregate demand and demand-pull inflation..



d. leftward shift of aggregate supply and cost push inflation.



b. leftward shift of aggregate demand and demand-pull inflation.



O c. rightward shift of aggregate supply and cost-push inflation.

The vertical distance between the average total cost curve and the average variable cost curve


A ball rolls off the edge of a horizontal platform 2meters high and lands 2.5 meters from the edge of the platform. Find (a) the time of its flight and; (b) its initial horizontal velocity


For each reaction below, indicate in which direction the equilibrium shifts when the stated stress is applied to the system. Write R if the reaction shifts to the right, L if the reaction shifts to the left, or NC if there is no change.


A. Reaction: PCl5(g) <==> PCl3(g) + Cl2 + heat

Stress: temperature increase


B. Reaction: CO(g) + Fe3O4(s) <==> CO2(g) + 3FeO(s)

Stress: volume. Increase


C. Reaction: C2H2(g) + H2O(g) <==> CH3CHO(g) + heat

Stress: temperature decrease


D. Reaction: 2NO(g) + H2(g) <==> N20(g) + H2O(g) + heat

Stress: volume decrease


E. Reaction: Heat + H2(g) + l2(g) <==> 2Hl(g)

Stress: temperature decrease


F: H2(g) + Cl2(g) <==> 2HCl(g) + heat

Stress: volume decrease


the editor of publishing company claims that the mean time to write a novel is 16 months.Forty randomly selected authors of novel said it is more than 16 months.Each of them said it take 18 months to write a novel.Provide the parameter,hopotheses and type of test

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