Name the document that promises to repair, replace or refund appliances by the seller or the manufacturer after being bought - NSC Consumer Studies - Question 2 - 2023 - Paper 1

Homeowners or households must pay for:

• Water
• Electricity
• Sewage sanitation
• Refuse removal

1. Use the appropriate water level to match the amount of laundry.
2. Wash full loads to maximize water utilization.
3. Use high-efficiency washing machines that consume less water.

1. Match the size of pots to the size of the stove burners.
2. Turn off stove plates a few minutes before cooking is complete to retain heat.
3. Utilize a microwave when possible as it uses less energy than an oven.
4. Keep the oven door closed during cooking to maintain heat efficiency.

1. Scammers often ask for personal information or money upfront.
2. They promise financial benefits that seem too good to be true.

Consumers can protect themselves by:

1. Being cautious about unsolicited emails and messages requesting personal information.
2. Using reputable antivirus software and keeping their systems updated.

1. It helps ensure that individuals meet their tax obligations throughout the year rather than facing a large payment at once.
2. Provisional tax allows individuals to avoid penalties associated with underpayment of taxes.

Compound interest is more expensive because it is calculated on both the initial principal and the accumulated interest from previous periods. This means that over time, the interest owed increases significantly compared to simple interest, which is only calculated on the principal.

Municipalities should:

1. Provide clean, safe water for affected communities.
2. Repair infrastructure such as roads and sewage systems.
3. Assist in clean-up efforts and provide necessary supplies for displaced residents.
4. Implement long-term improvements to prevent future flooding.

A high CPI indicates rising inflation, which means that consumers may experience increased prices for goods and services. This can lead to decreased purchasing power and higher living costs. Additionally, consumers may find it more challenging to save, as their essential expenses take up a larger portion of their income.

Households utilizing alternative energy sources such as solar power can have a positive environmental impact by reducing reliance on fossil fuels. However, other sources like diesel generators may contribute to air pollution. Overall, the environmental effect depends on the balance between clean, renewable options and polluting ones.