76 337
Assignments Done
Successfully Done
In May 2019

Answer to Question #69263 in Macroeconomics for ibn hassan

Question #69263
3.1 Consolidated government expenditure is expected to grow by 7.1 per cent over the medium term, reaching
R1.69 trillion in 2018/19. At this rate, spending growth will outpace inflation by 0.8 per cent. (Source:
3.1.1 Describe the main instruments of fiscal policy that are available to government. (5)
3.1.2 Drawing from the statement above, how can government finance increased expenditure? (5)
3.1.3 What are the possible negative effects of 3.1.2 above? (5)
3.2 With the aid of a properly labelled diagram, explain the three main characteristics of the consumption
function. (10)
3.3 With the aid of a fully labelled diagram explain the general business cycle in the South African economy. (5)
Expert's answer

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!


Assignment Expert
20.09.17, 15:33

Dear Ntobeko,

You're welcome. We are glad to be helpful.
If you liked our service please press like-button beside answer field. Thank you!

20.09.17, 10:11

I just want to thank you this really helped me alots

Leave a comment

Ask Your question

Privacy policy Terms and Conditions