economics

economics

11th Grade

15 Qs

quiz-placeholder

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Assessment

Quiz

Business

11th Grade

Hard

Used 49+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Changes in technology will lead to a … business cycle.

demand-driven

supply-driven

political

inflation

2.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Parastatals are business entities of a … sector.

commercial

private

public

sector

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Taxes and subsidies are taken into account when calculating

GDP at basic prices

exports

commodities

production

imports

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

List any THREE examples of eco-tourism in South Africa.

forest

economy

bussiness cycle

5.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

List any THREE methods that can be used to promote import

substitution.

Gdp

market price

economy

subsidies

6.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

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

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

list TWO arguments in favour of free trade.

employment,tax

economy,subsidies

cycle,monopoly

choice,innovation

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