Explain in details

3.3 Study the information below and answer the questions that follow. WORRYING UNEMPLOYMENT STATISTICS 6400 6200 6000 5800 5600 Thousands 5400 5200 5000 4800 1 st 2nd 3rd 4th 1 st 2nd 3rd 1 5 2nd 3d 2014 2015 2016 2017 PERIOD IN QUARTERS It is evident that unemployment figures have continued to rise over the past few years. Youth unemployment are rising, but can effectively be curbed through promotion of entrepreneurship by the government. [Source: StatsSA Quarterly Labour Report, July 2017] 3.3.1 When, according to the graph above, was unemployment at its highest level? (1) 3.3.2 Which institution compiled the unemployment figures above? 3.3.3 Briefly describe the term unemployment. (2) 3.3.4 What is the negative impact of high unemployment on the youth? (2) 3.3.5 How can the government reduce unemployment in the economy? (2 x2) (4) 3.4 Briefly discuss demographics as social indicator. (4 x 2) (8) 3.5 How can the monetary policy be used to stimulate the economy of South Africa? (8) [40]. 1 The elements of a market ... include the number of sellers, nature of the product and the extent of differentiation. A power structure system equilibrium 2 A(n) ... monopoly occurs when a single firm controls manufacturing methods to produce a certain product. A geographical technical artificial D state-owned 3 In an oligopoly one firm's actions affect decisions of other competing firms, meaning these firms are ... A unique. B powerful. interdependent. D special. 4 Producers make use of ... to make their products appealing to the consumers. A packaging B prices C branding services The state can play a significant role in maintaining environmental sustainability through ... A marketing. B externalities. exports. taxation. 6 CPIX is the inflation rate that excludes interest rates on ... bonds. municipal treasury government mortgage 7 People travelling through South Africa to get to another country are called ... tourists. A outbound B inbound transit D domestic 8 Finite resources are also known as ... resources. non-renewable renewable DODD non-depleted limitless