1.1 Discuss 5 reasons why inflation is a problem in South Africa. 1.2 Explain why South Africans should buy locally produced wine instead of the wine produced in other countries? 1.3 Read the information provided and answer 1, 3.1 and 1, 3.2: Assume that there are 52 million individuals between the ages of 16 and 64 years, and that 33.4 million of them are employed and 5.4 million of them are not. 1.3.1 Calculate the size of the labour force. 1.3.2 Calculate the unemployment rate.
1.1 Discuss 5 reasons why inflation is a problem in South Africa. 1.2 Explain why South Africans should buy locally produced wine instead of the wine produced in other countries? 1.3 Read the information provided and answer 1, 3.1 and 1, 3.2: Assume that there are 52 million individuals between the ages of 16 and 64 years, and that 33.4 million of them are employed and 5.4 million of them are not. 1.3.1 Calculate the size of the labour force. 1.3.2 Calculate the unemployment rate.
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Transcribed Image Text:1.1 Discuss 5 reasons why inflation is a problem in South
Africa. 1.2 Explain why South Africans should buy locally
produced wine instead of the wine produced in other
countries? 1.3 Read the information provided and
answer 1, 3.1 and 1, 3.2: Assume that there are 52
million individuals between the ages of 16 and 64 years,
and that 33.4 million of them are employed and 5.4
million of them are not. 1.3.1 Calculate the size of the
labour force. 1.3.2 Calculate the unemployment rate.
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