Home » Autonomous consumption = R 100 million Investment spending = R 300 million Government spending = R 200 million Exports = R 150 million Autonomous

Autonomous consumption = R 100 million Investment spending = R 300 million Government spending = R 200 million Exports = R 150 million Autonomous

Autonomous consumption = R 100 millionInvestment spending = R 300 millionGovernment spending = R 200 millionExports = R 150 millionAutonomous imports = R 100 millionMarginal propensity to consume = 2/3Tax rate = 1/10Marginal propensity to import = 1/10Yf – Full employment = R 2 150 million11. The multiplier is equal to[1] 2[2] 2½[3] 3[4] 3⅓12. The equilibrium level of income is[1] R1 300 million.[2] R1 625 million.[3] R1 950 million.[4] R2 145 million.13. The budget deficit at the equilibrium level of income is[1] R50 million.[2] R70 million.[3] R130 million.[4] R170 million.14. The full employment income level can be reached by[1] increasing government spending by R200 million.[2] increasing exports by R175 million.[3] increasing imports by R175 million.[4] increasing investment spending by R425 million.[5] increasing government spending by R525 million.Questions 15 to 20 were taken from previous exam papers and should give you a good ideaof the kind of question you can expect in Section B of the exam paper.15. In an economic model, an endogenous variable is[1] a stand-in for more complicated variables.[2]

Show more

Calculate Your Essay Price
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 10% with the coupon code: best10