1.11 If desired investment exceeds actual investment, then... a) The economy is in a recession. b) Inventories are less than the desired level. c) Inventories are accumulating beyond the desired levels. d) Cyclical unemployment exists. 1.12 Read the following extract and answer the question that follows. Women's empowerment movement eyes 40% of government spending accreditation .Last year the South African government affirmed its support for women-owned businesses as part of its commitment to ensuring that gender equality in Africa's most advanced economy was achieved. President Cyril Ramaphosa said then: "We are going to drive women's economic inclusion through public procurement. We have set the target of ensuring that 40% of goods and services procured by public entities are procured from women-owned business." Source: https://www.news24.com/citypress/news/womens-empowerment-movement-eyes-40-of-government- spending-20210819 Accessed: 23/08/21 The above decision by the South African govemment is an example of. a) Market participation. b) Government spending. c) Commercialisation. d) Nationalisation.
1.11 If desired investment exceeds actual investment, then... a) The economy is in a recession. b) Inventories are less than the desired level. c) Inventories are accumulating beyond the desired levels. d) Cyclical unemployment exists. 1.12 Read the following extract and answer the question that follows. Women's empowerment movement eyes 40% of government spending accreditation .Last year the South African government affirmed its support for women-owned businesses as part of its commitment to ensuring that gender equality in Africa's most advanced economy was achieved. President Cyril Ramaphosa said then: "We are going to drive women's economic inclusion through public procurement. We have set the target of ensuring that 40% of goods and services procured by public entities are procured from women-owned business." Source: https://www.news24.com/citypress/news/womens-empowerment-movement-eyes-40-of-government- spending-20210819 Accessed: 23/08/21 The above decision by the South African govemment is an example of. a) Market participation. b) Government spending. c) Commercialisation. d) Nationalisation.
Chapter1: Making Economics Decisions
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Transcribed Image Text:1.11 If desired investment exceeds actual investment, then...
a) The economy is in a recession.
b) Inventories are less than the desired level.
c) Inventories are accumulating beyond the desired levels.
d) Cyclical unemployment exists.
1.12 Read the following extract and answer the question that follows.
Women's empowerment movement eyes 40% of government spending accreditation
.Last year the South African government affirmed its support for women-owned businesses as part of its
commitment to ensuring that gender equality in Africa's most advanced economy was achieved.
President Cyril Ramaphosa said then: "We are going to drive women's economic inclusion through public
procurement. We have set the target of ensuring that 40% of goods and services procured by public entities are
procured from women-owned business."
Source: https://www.news24.com/citypress/news/womens-empowerment-movement-eyes-40-of-government-
spending-20210819
Accessed: 23/08/21
The above decision by the South African govemment is an example of.
a) Market participation.
b) Government spending.
c) Commercialisation.
d) Nationalisation.
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