Performance and Economic Indicators (Grade 12 NSC Matric Economics): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What are economic indicators used to establish?
What are economic indicators used to establish?
The state of the economy
What does the Producer Price Index (PPI) measure?
What does the Producer Price Index (PPI) measure?
Production costs at factory gate
What is the Consumer Price Index (CPI) officially used for?
What is the Consumer Price Index (CPI) officially used for?
Inflation targeting
What effect does a strong rand have on trade?
What effect does a strong rand have on trade?
Imports cheaper, exports costlier
What age range defines the Economically Active Population (EAP)?
What age range defines the Economically Active Population (EAP)?
15 to 65 years old
If EAP is 20m and unemployed seeking work is 5.3m, what is the unemployment rate?
If EAP is 20m and unemployed seeking work is 5.3m, what is the unemployment rate?
26.5%
How is labour productivity calculated?
How is labour productivity calculated?
Real GDP ÷ Number of workers employed
What is the repo rate?
What is the repo rate?
Rate SARB lends to commercial banks
What does M1 money supply include?
What does M1 money supply include?
Notes, coins, and demand deposits
What caused SA's life expectancy to decline from 62.8 to 47 years?
What caused SA's life expectancy to decline from 62.8 to 47 years?
HIV/AIDS and health challenges