brief explanation

4.4 Briefly discuss any TWO arguments in favour of privatisation. 4.5 How will subsidies influence export-orientated businesses negatively?QUESTION 5: MACROECONOMICS The circular-flow model shows how the economy works via the various markets. . Discuss the role of the various markets in the circular flow without the use of a diagram. (26 marks) Explain the multiplier concept with the aid of a well-labelled graph. (10 marks)Explain the multiplier concept with the aid of a well-labelled graph. Expenditure (Rm) 50 A 20 45 300 700 Income (m.) QUESTION 6: ECONOMIC PURSUITS Government actions encourage operations and new investments to boost industrial development. Discuss South Africa's Spatial Development Initiatives (SDIs), highlighting its initiatives, objectives and Industrial Development Zones (IDZs). (26 marks) What advice would you give government to promote industrial development in South Africa? (10 marks)