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15 questions
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- Multiple ChoicePlease save your changes before editing any questions.
Changes in technology will lead to a … business cycle.
demand-driven
supply-driven
political
inflation
- Multiple ChoicePlease save your changes before editing any questions.
Parastatals are business entities of a … sector.
commercial
private
public
sector
- Multiple ChoicePlease save your changes before editing any questions.
Taxes and subsidies are taken into account when calculating
GDP at basic prices
exports
commodities
production
imports
- Multiple ChoicePlease save your changes before editing any questions.
List any THREE examples of eco-tourism in South Africa.
forest
economy
bussiness cycle
- Multiple ChoicePlease save your changes before editing any questions.
List any THREE methods that can be used to promote import
substitution.
Gdp
market price
economy
subsidies
- Multiple ChoicePlease save your changes before editing any questions.
List THREE ways in which the government can use tax revenue to
reduce the unequal distribution of income.
low income
regulation
money market
Transferring income directly to poor households e.g. grants old age
- Multiple ChoicePlease save your changes before editing any questions.
list TWO arguments in favour of free trade.
employment,tax
economy,subsidies
cycle,monopoly
choice,innovation
- Multiple ChoicePlease save your changes before editing any questions.
Give THREE reasons for the growth in international tourism
Increase in disposable income
Equal
Cheaper flights
Improvement in the tourism infrastructure
- Multiple ChoicePlease save your changes before editing any questions.
Deflation is defined as a decline in the …
price of certain products.
general price level.
.
gross domestic product
innovation
- Multiple ChoicePlease save your changes before editing any questions.
Discuss the trend line in the forecasting of business cycles.
A fall in bussiness cycle
rise in income
fall in taxes
fall in gdp
- Multiple ChoicePlease save your changes before editing any questions.
South Africa benefits directly from tourism because of the increase
in tourist …
benefit
taxation
income
expenditure
- Multiple ChoicePlease save your changes before editing any questions.
A major task of the Department of Trade and Industry is to
encourage … exports
VAT
AGRICULTURE
INDUSTRIES
SOCIAL COST
- Multiple ChoicePlease save your changes before editing any questions.
TERM 3 TOPIC IN GR 11
MONOPOLY
OLIGOPOLY
FOREIGN SECTOR
MONEY
- Multiple ChoicePlease save your changes before editing any questions.
A FULL LARGE MARKET
MONOPOLY
OLIGOPOLY
MONEY
PERFECT
- Multiple ChoicePlease save your changes before editing any questions.
MONOPOLY REFERS TO
ONE
MANY
FEW
HUGE