ECONOMICS GRADE 11 by pptfiles

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									                             ECONOMICS GRADE 11
                           CONTINUOUS ASSESSMENT




                               ASSIGNMENT
                    ASSESSMENT STANDARDS: 11.1.2 & 11.4.4



NAME:                                                CLASS AND GRADE:

SCHOOL:

EDUCATOR:                                            DATE:

FINAL MARK            COMMENTS




Total marks: 50
Total time:




                                   ASSIGNMENT

      Study the two attached appendices which are excerpts from the Quarterly
      Bulletin van the South African Reserve Bank (SARB), dated December 2005,
      and answer the questions pertaining to the content thereof.

      NB: You may use a non-programmable calculator for your calculations.

                                                          TOTAL: [50 POINTS]
                           __________________________




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                                  QUESTIONS

1. Calculate the total consumer spending for:

(a)   2000


                                                                   (5)

(b)   2004


                                                                   (5)

2. Provide two reasons for the change (increase) in total consumer spending
between 2000 and 2004.




                                                                     (4)


3. Calculate the total government spending for 2002



                                                                     (4)



4. To what can the increase in the spending on security services between
2000 and 2004 be ascribed?




                                                                           (3)
5. Calculate the total GDP for:

(a)    2003



                                                                           (6)

(b)    2004

      (6)



                                                                             2
6. Calculate the percentage of the contribution that education and training
contributed to the total value of government spending in 2001.


                                                                        (3)


7. Based on the table about private consumption expenditure, on what type of
semi-durable goods does consumers spend most of their income?




                                                                          (2)


8. Calculate the GNP for:

   (a)    2003




                                                                              (6)

   (b)    2004




                                                                          (6)

                                                                              [50]
                     ________________________________




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APPENDIX 1

FINAL CONSUMPTION EXPENDITURE - R million
                                         2000      2001      2002      2003      2004

Durable goods                             ?      52 259    52 624    57 127    66 208

Household appliances, furniture         11 431   11 589    11 833    12 436    13 319

Personal transport, equipment           26 211   27 862    27 209    28 764    33 693

Amusement and entertainment goods       7 656    8 148     8 915     11 124    14 192

Other durable goods                     4 654    4 660     4 667     4 803     5 004


Semi-durable goods                      57 170   60 183    65 559    69 653       ?

Clothing and footwear                   32 561   35 123    39 461     42 249    50 628

Household textiles, furniture           8 740    155 380   9 588      10 338    12 076

Tyres, spare parts                      7 631    19 465    7 526      7 773     8 904

Amusement and entertainment goods       5 928    21 277    6 526      6 741     7 641

Various goods                           2 310    8 682     2 432      2 552     2 922

Non-durable goods                         ?      230 889   235 748   239 926   248 987

Food, beverage and tobacco             152 519   155 380   158 520   160 222   166 741

Fuel and electricity                    19 152   19 465    20 321     21 253    21 955

Household consumables                   21 099   21 277    21 835     22 506    24 006
Medical and pharmaceutical products     8 474    8 682     8 836      9 044     8 582
Petroleum products                      20 659   20 352    20 368     20 926    21 509
Amusement and entertainment goods       5 587    5 733     5 868      5 975     6 194

Service                                246 190   257 759   266 228   274 910      ?
Rent                                    54 214   54 634    55 175     55 895    57 384
Household services                      18 238   18 868    19 426     19 758    20 091
Medical services                        33 710   37 892    40 236     42 879    42 596
Transport and communication services
                                        52 568   57 013    62 245     65 867    69 811
Amusement, entertainment and
                                        25 965   26 852    27 669     27 954    28 812
educational services

Various services
                                        61 495   62 500    61 478     62 557    67 235
               TOTAL                      ?      601 090   620 159   641 616      ?

SOURCE: EXCERPT FROM QUARTERLY BULLETIN: SARB, DECEMBER 2005

                                                                                  4
APPENDIX 2

GOVERNMENT SPENDING – R MILLION + INVESTMENT

                                 2000     2001     2002      2003    2004
Research by the Department
of Health on the prevention of   27 451   32 588   41 179   49 714   62 793
HIV


Public administration            21 114   22 416   24 119   26 947   29 182


Security services                39 111   42 715   44 172   49 716   52 997


Improvement of education         52 431   59 617   64 933   69 124   78 111
and training in SA


General public services           107      116      157      171      186
                                  744      495      391      995      802


TOTAL VALUE @ BASIC               247     26 179     ?       367      409
PRICES                            851                        496      885


Change in inventory              21 073   26 179   27 451   29 340   31 752


Gross fixed capital              30 001   31 980   33 743   33 991   36 250


     TOTAL EXPORTS                                          187       209
                                                            342       703

     TOTAL IMPORTS                                           142      179
                                                             977      360
SOURCE: EXCERPT FROM QUARTERLY BULLETIN: SARB, DECEMBER 2005




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