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Discuss the following questions please QUESTION 6: ECONOMIC PURSUITS 40 MARKS - 40 MINUTES Discuss the following economic indicators in detail: - Production (10 marks)

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Discuss the following questions please

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QUESTION 6: ECONOMIC PURSUITS 40 MARKS - 40 MINUTES Discuss the following economic indicators in detail: - Production (10 marks) - Foreign trade (8 marks) - Money supply (8 marks) (26 marks) How can productivity be used more effectively to benefit the South African economy? (10 marks) QUESTION 5: MACROECONOMICS 40 MARKS - 40 MINUTES 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) [40] QUESTION 6: ECONOMIC PURSUITS 40 MARKS - 40 MINUTES 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) [40] TOTAL SECTION C: 40 GRAND TOTAL: 150QUESTION 5: MACROECONOMICS 40 MARKS - 40 MINUTES Discuss ALL the features underpinning the forecasting of business cycles, excluding the economic indicators. (26 marks) Why is price stability important to prevent extreme fluctuations in business cycles? (10 marks) QUESTION 6: ECONOMIC PURSUITS 40 MARKS - 40 MINUTES Discuss the demand-side approach in promoting economic growth. (26 marks) Evaluate the success of the expanded public works programme to reduce poverty and unemployment. (10 marks) TOTAL SECTION C: GRAND TOTAL

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