21. South African firms purchase more capital goods from Europe. The \( \quad \) for Euros increases and rand in the rand/Euro exchange rate (4 marks)

3. For a given increase in the interest rate, investment___ aggregate spending___ and total income A \( \quad \) marks) B Increaseses; increases; increases C Decreases; decreases; decreases D Increases; decreases; decreases

Trekanten er ligebenet og sid

Abner is a prosecutor acting as an advocate for the government in a case in which he is trying hard to secure a conviction. While arguing the case, Abner used false testimony and also failed to disclose exculpatory evidence at trial. Which of the following statements is true? Abner cannot be held liable for either action Abner can be held liable for using false testimony at trial Abner can be held liable for failing to disclose exculpatory evidence at Abner can be held liable for both of these actions

intrer que \( a-b-911 \) entum entier premier.

12. Faced with a choice between fiscal and monetary policy to try and increase aggregate demand, Keynes believed that fiscal policy would have more effect. Which of the following was NOT one of his key reasons for holding this belief? A marks B Monetary expansion might have little effect because the demand for money is interest elastic. C If interest rates fell, consumer spending might not rise much, because it depends chiefly on incomes, not on D interest rates.