South African Economic and Social Indicators (Grade 12 NSC Matric Economics): Flashcards
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CPI measures
CPI measures
Price changes in consumer goods and services
Rising CPI indicates
Rising CPI indicates
Inflation is occurring
EAP definition
EAP definition
People working or actively looking for work
EAP age range
EAP age range
15-65 years
SNa purpose
SNa purpose
Bookkeeping system measuring entire country's economy
IMF main role
IMF main role
Financial support for countries with economic difficulties
World Bank focus
World Bank focus
Long-term economic development and poverty reduction
IMF vs World Bank: key difference
IMF vs World Bank: key difference
IMF: short-term crises; World Bank: long-term development
UNICEF focus areas
UNICEF focus areas
Education, health, and child protection
Who calculates CPI in South Africa
Who calculates CPI in South Africa
Statistics South Africa