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Question 7 [4 Marks) Which of the following statements is NOT true? a. State-amned companies continued to crain the South African National Treasury in 2020 and 2021 b. The COVID 19 lockdowns of 2020 contributed to rising taxation collections from State Owned entities such as the Airports Company South Africa, Eskom and the South African National Reads Agency Limited. c. Global economic uncertainty restricted the capacity of state-owned entities to access liquidity in international markets d. The COVID-19 pandemic highlighted the fact that state-owned comperies needed economic restructuring in order to remain relevant in these tough economic times Question B (4 Marks) Which of the following statements is true? a. Slashing budget deficits and stabilsing the debt-to-GOP ralia demands sustained economic growth and restructuring of state owned ent lies b. Additional tax revenue colection during the COV D economic crisis does not depend on increased pubic compliance to tax measures c. In the long term, South Africa requires "unsustainable public finances to support highly redistributive spending on education, healthcare and social welfare" d. By reducing investor confidence and investment, fiscal sustainability requires short-term economic outcomes Question 9 (4 Marks) What is the primary function of disciplined fiscal policy? a, france massive budget deficits b. establishing laxston thresholds for non profit entities c. decrease goverment legislation d. making revenue and expenditure decisions Question 10 (4 Marks) Which of the following microeconomic reforms, is best suited to decrease unemployment? a. not changing minimum wages b. decreasing unemployment benefits a rasing import taxes on condiments d. sustained economic reforms of state owned enflies Question 11 (4 Marks) Which of the following South African Treasury policy decisions would raise general prices in the economy? a. ncreasing pay as you go taxes b. efficiency in state owned enterprises c. increasing taxes on agricultural exports of animal products d. raising goverment spending Question 12 (4 Marks) Which of the following is most likely to occur if the South African government borrows from local commercial banks to fund shortfalls in the budget? a. The Rand will appreciate versus the dollar. b. South African interest payments on foreign debt will rise. c. Money supply in South Africa will increase. d. Domesic interest rates in South Africa will fall