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pule
Questions (336)
If the reserve requirement is 20 percent, the monetary multiplier will be
nteger, decimal, or E notation allowed
1 answer
21 views
Which of the following concepts provides the basic rationale for international trade?
increasing opportunity costs. comparative
1 answer
34 views
The impact of government spending in the Keynesian model results in:
a higher level of aggregate spending an unchanged multiplier
1 answer
30 views
A central bank can only intervene to stabilise a depreciating currency if it has sufficient foreign exchange reserves to do so
Tr
1 answer
26 views
The marginal propensity to consume measures
the cyclical deficit the structural deficit how much consumption expenditure occurs
1 answer
32 views
Other things being equal, an appreciation of the domestic currency:
lowers the domestic price of imported goods. raises the
1 answer
34 views
A decrease in the reserve ratio increases the:
amount of actual reserves in the banking system amount of excess reserves in the
1 answer
40 views
Which of the following statements is true concerning the consumption function?
it slopes upwards its slope equals the MPC it
1 answer
32 views
An example of government transfer is a(n)
expenditure on the construction of a new school bequest from a deceased relative social
1 answer
21 views
The marginal propensity to consume measures
the cyclical deficit the structural deficit how much consumption expenditure occurs
1 answer
42 views
Which of the following statements is true about Say's law?
it states that supply creates its own demand it states that demand
1 answer
31 views
The three basic flows in an economy are:
Production, exchange and spending Production, spending and consumption Income, exchange
1 answer
25 views
The impact of government spending in the Keynesian model results in:
a higher level of aggregate spending an unchanged multiplier
1 answer
33 views
The role of government can be summarised as follows except:
allocative function aimed at correcting market failure distributive
1 answer
29 views
The amount of after-tax income received by households is measured by:
discretionary income national income disposable income
1 answer
29 views
Fiscal policy entails changes in
the quantity of money the MPC government spending and taxes the multiplier
1 answer
25 views
A business will want to borrow to undertake an investment project when the rate of return on that project is:
lower than the
1 answer
20 views
Induced consumption is consumption that:
varies directly with disposable income varies inversely with disposable income
1 answer
33 views
Absolute advantage is determined by:
Relative differences in labour productivity Actual differences in labour productivity The
1 answer
29 views
The opportunity cost of holding money:
is zero because money is not an economic resource varies inversely with the interest rate
1 answer
32 views
Tariffs and import quotas differ in that
one is a form of trade restriction, while the other is not. one is a tax, while the
1 answer
36 views
Which one of the following statements is not true?
money is a unit of account money is a store of value money is a medium of
1 answer
26 views
Which one of the following is not part of fiscal policy?
the budget the level of taxation the composition of government
1 answer
17 views
The South African Reserve Bank’s primary goal is to ensure that
there is financial stability the supply of money is equal to
1 answer
22 views
Externalities can be positive because
marginal damages do not last over time. utility can be impacted positively as well as
1 answer
28 views
changes in aggregate demand can be caused by changes in
wages business costs raw material costs government spending
1 answer
19 views
Excess reserves refer to the
difference between a bank's vault cash and its reserves deposited at the Reserve Bank minimum amount
1 answer
36 views
If your disposable personal income increases from R30,000 to R40,000 and your consumption expenditure increases from R12,000 to
1 answer
33 views
The speculative motive for holding money is closely tied to what function of money?
store of value unit of account medium of
1 answer
19 views
When money is accepted as payment in a market transaction, it is functioning as
a medium of exchange the real interest rate the
1 answer
17 views
The present value of a future payment
decreases when the interest rate rises decreases when the interest rate falls decreases
1 answer
27 views
Which of the following is true?
The structural deficit changes over the business cycle. MPS + MPC = 1. At equilibrium
1 answer
27 views
Personal income taxes are the largest source of revenue for the government of SA
True False
1 answer
21 views
Personal income taxes are the largest source of revenue for the government.
True False Question 60 Question 60
1 answer
20 views
As a result of a decrease in the value of the Rand in relation to other currencies, South African imports decrease and exports
1 answer
37 views
A tariff is
a government imposed limit on the amount of a good that can be exported from a nation. a government imposed barrier
1 answer
22 views
Other non-market-oriented measures used by the monetary authorities include:
exchange control regulations moral suasion public
1 answer
23 views
The wealth effect is reflected in:
increases in interest rate to savers the upward slope in aggregate supply the upward slope in
1 answer
37 views
According to the wealth effect, when prices decrease, the purchasing power of assets:
decreases and consumption decreases
1 answer
34 views
The basic functions of the South African Reserve Bank include:
formulating and implementing monetary policy providing economic
1 answer
20 views
A tariff hurts
the government by decreasing its revenue. domestic producers who canʹt compete with cheaper imports. consumers
1 answer
17 views
If a nation has an open economy it means that the nation:
allows private ownership of capital has flexible exchange rates has
1 answer
31 views
When the government of South Africa sells its assets to the public, it is:
privatising Domestically borrowing. creating money
1 answer
19 views
The five cases of market failure include the following except:
common property resources and provision of public goods monopoly
1 answer
21 views
The following are the various sources for the demand of US dollars in South Africa except:
South African investors selling
1 answer
22 views
When the economy is in recession, the tendency is to apply ___________________ and ____________________ policies to stimulate
1 answer
39 views
A decrease in income tax is an example of a(n)
contractionary monetary policy contractionary fiscal policy expansionary monetary
1 answer
22 views
The consumption function shows the relationship between consumer expenditures and:
the interest rate the tax rate savings
1 answer
21 views
The 45-degree line on a graph relating consumption and income shows:
all points where the MPC is constant. all the points at
1 answer
26 views
The transaction demand for money is very closely associated with money’s use as a:
store of value unit of account medium of
1 answer
23 views
A tax such as VAT would generally be viewed as:
progressive, because the consumption expenditure of the rich is greater than that
1 answer
21 views
The amount by which government expenditures exceed revenues during a particular year is the:
public debt budget deficit
1 answer
31 views
Reasons for government intervention in the economy include:
income distribution macroeconomic growth and stability merit goods
1 answer
20 views
Measures used to protect domestic firms against foreign competition and to control volume of imports include:
subsidies, import
1 answer
32 views
South Africa has a comparative (relative) advantage over France in the production of maize if it:
produces maize with fewer
1 answer
28 views
In a two-sector economy, if the consumption function is C = 10 + 0.8Y and planned investment is R15, the equilibrium expenditure
1 answer
22 views
Which of the following is not a function that money serves?
acts as a means of payment in settling a debt ensures that the double
1 answer
16 views
Consider the following information for a private open economy:
C = 40 + 0.8Y I = 40 X = 20 M = 30 The equilibrium GDP in the
1 answer
27 views
The marginal propensity to consume (MPC) is computed as the change in:
consumption divided by the change in savings consumption
1 answer
27 views
Suppose disposable income increases from R11 trillion to R12 trillion. At the same time, consumption expenditure increases from
1 answer
35 views
Australia has an absolute advantage over South Africa in wool production if, during a year, Australia:
can produce more wool than
1 answer
30 views
Comparative advantage implies that a country will
import those goods in which the country has a comparative advantage. export
1 answer
33 views
Autonomous consumption is consumption that:
varies directly with disposable income varies inversely with disposable income
1 answer
34 views
The introduction of government sector in the Keynesian model assumes that:
there is no relationship between government spending
1 answer
32 views
The two major policy instruments of the monetary policy are:
bank loans to commercial banks and open market policy the bank rate
1 answer
39 views
Which of the following is not a component of aggregate expenditure?
investment autonomous consumption induced consumption savings
1 answer
20 views
A bank is legally required to keep a certain fraction of its ________________ as ________________. These are called
1 answer
31 views
Banks can create money:
only by illegally printing additional notes by paying interest to their depositors by making loans that
1 answer
23 views
When the economy is expanding too rapidly and inflation and balance of payments problems are being experienced, the appropriate
1 answer
38 views
The opportunity cost of holding money is the
price level real interest rate velocity of circulation nominal interest rate
1 answer
31 views
When the economy is in recession, the tendency is to apply Blank 1 and Blank 2 policies to stimulate economic activity.
1 answer
27 views
f the reserve requirement is 20 percent, the monetary multiplier will be 4:
True False
1 answer
20 views
Which of the following concepts provides the basic rationale for international trade?
increasing opportunity costs. comparative
1 answer
26 views
According to Hill and Westbrook (2019), SWOT analysis is commonly used to evaluate the current position of a company and devise
1 answer
16 views
According to Hill and Westbrook (2019), SWOT analysis is commonly used to evaluate the current position of a company and devise
1 answer
21 views
hill and westbook 2019
1 answer
18 views
6.1 Measuring Success:
The success of the marketing plan will be evaluated through attendance rates and participant numbers,
1 answer
22 views
7.1 Recommendations for Future Marketing Efforts:
Leverage Data Analytics: Establish data collection practices to understand
1 answer
20 views
7.1 Recommendations for Future Marketing Efforts:
Leverage Data Analytics: Establish data collection practices to understand
1 answer
21 views
The sponsorship proposal will highlight benefits including:
Brand exposure through event promotion, opportunities for on-site
1 answer
17 views
The sponsorship proposal will highlight benefits including:
Brand exposure through event promotion, opportunities for on-site
1 answer
16 views
Read the following scenario and answer the question below.
Pulani, an Information Technology student, would like to apply for a
1 answer
18 views
Question 36
Question 36 1 Point Read the following scenario and indicate whether the language used can be considered as
1 answer
20 views
Question 35
Question 35 1 Point Indicate whether the following statement is True or False. Omitting jobs, that might cause
1 answer
19 views
Question 34
Question 34 1 Point Indicate whether the following statement is True or False. Jobs in the work experience section of
1 answer
19 views
Indicate whether the following statement is True or False.
Reading a job advertisement critically can help you understand whether
1 answer
25 views
Question 32
Question 32 1 Point When analysing a job advertisement, one must “read between the lines” to see what might not
1 answer
27 views
Indicate whether the following statement is True or False.
All important details about the job role or candidate requirements
1 answer
24 views
Match the terms in Column A to the correct corresponding answer in Column B.
Prompts Answers Question 10 1 Psychological
1 answer
37 views
Indicate whether the following statement is True or False.
A CV should not be too fancy or clever in its design or wording True
1 answer
12 views
Read the following scenario and indicate whether the language used can be considered as respectful or disrespectful.
Gogo Mashaba
1 answer
14 views
Indicate whether the following statement is True or False.
Sign language is the 12th official language of South Africa. True
1 answer
24 views
Read the following scenario and indicate whether the actions stated can be considered as respectful or disrespectful behaviour
1 answer
15 views
Indicate whether the following statement is True or False.
“Filtering” refers to distinguishing between essential and
1 answer
21 views
Read the following scenario and indicate whether the language used can be considered as respectful or disrespectful.
As Catherine
1 answer
17 views
Read the following scenario and indicate whether the actions stated can be considered as respectful or disrespectful behaviour
1 answer
19 views
Read the following scenario and indicate whether the language used can be considered as respectful or disrespectful.
In the
1 answer
16 views
Read the following sentence and choose the correct answer from the list provided.
If you do not know an answer during an
1 answer
25 views
Read the scenario below and choose the correct answer from the options provided.
Jessica is a graphic designer who has recently
1 answer
30 views
Indicate whether the following statement is True or False.
When dealing with people who stammer, always allow them to finish
1 answer
24 views
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