Assessment 8
Started on Monday, 11 November 2024,
State Finished
Completed on Monday, 11 November 2024,
Time taken
Marks 29.00/29.00
Grade 10.00 out of 10.00 (100%)
Question 1
Which of the following best describes natural resources?
Select one:
a.
They can be replaced.
b.
They are unlimited in supply.
c.
They are remunerated by rent.
d.
They consist of machines, buildings and tools.
Feedback
The correct answer is: They are remunerated by rent.
Question 2
Which of the following is a final good or service?
c.
Motor vehicle windows purchased by a motor assembly plant
d.
A haircut paid for by a student
Feedback
The correct answer is: A haircut paid for by a student
Question 3
If the South African Reserve Bank decides to decrease the repo rate, the quantity of
money created will …(ceteris paribus).
Select one:
a.
decrease
b.
remain the same
c.
increase
Feedback
The correct answer is: increase
Question 4
2
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