Started on Saturday, 12 November 2022, 11:17 AM
State Finished
Completed on Saturday, 12 November 2022, 11:42 AM
Time taken 24 mins 47 secs
Marks 50.00/60.00
Grade 83.33 out of 100.00
Question 1
Correct
Mark 2.00 out of 2.00
The largest part of South Africa's exports consists of manufactured products.
Select one:
a. True
b. False
The correct answer is: True
,Question 2
Incorrect
Mark 0.00 out of 2.00
The monetary system is the only form of exchange system.
Select one:
a. False
b. True
The correct answer is: False
,Question 3
Correct
Mark 2.00 out of 2.00
When the government charges high income groups in the economy a tax rate of 45%, and use this tax to finance social welfare paym
earners, this forms part of the … function of government.
Select one:
a. allocation
b. regulation
c. distribution
d. stabilisation
The correct answer is: distribution
, Question 4
Correct
Mark 2.00 out of 2.00
Which one of the following statements provides a correct definition for privatisation?
Select one:
a. Private companies refuse to pay for street lights because they are not open at night.
b. Crime increases due to policy failure and this results in growth of the private security industry in the country.
c. One company can provide the total demand for a certain good or service in an area.
d. Certain goods and services that were previously supplied by government are now supplied by the private sector.
The correct answer is: Certain goods and services that were previously supplied by government are now supplied by the private secto
State Finished
Completed on Saturday, 12 November 2022, 11:42 AM
Time taken 24 mins 47 secs
Marks 50.00/60.00
Grade 83.33 out of 100.00
Question 1
Correct
Mark 2.00 out of 2.00
The largest part of South Africa's exports consists of manufactured products.
Select one:
a. True
b. False
The correct answer is: True
,Question 2
Incorrect
Mark 0.00 out of 2.00
The monetary system is the only form of exchange system.
Select one:
a. False
b. True
The correct answer is: False
,Question 3
Correct
Mark 2.00 out of 2.00
When the government charges high income groups in the economy a tax rate of 45%, and use this tax to finance social welfare paym
earners, this forms part of the … function of government.
Select one:
a. allocation
b. regulation
c. distribution
d. stabilisation
The correct answer is: distribution
, Question 4
Correct
Mark 2.00 out of 2.00
Which one of the following statements provides a correct definition for privatisation?
Select one:
a. Private companies refuse to pay for street lights because they are not open at night.
b. Crime increases due to policy failure and this results in growth of the private security industry in the country.
c. One company can provide the total demand for a certain good or service in an area.
d. Certain goods and services that were previously supplied by government are now supplied by the private sector.
The correct answer is: Certain goods and services that were previously supplied by government are now supplied by the private secto
