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WOLMERS BOYS SCHOOL

BUSINESS EDUCATION DEPARTMENT

ECONOMICS

Six Weekly ExamFOURTH FORM

DURATION: 70 Mi !"e#

STUDEN$S NAME: %%%%%%%%%%%%%%%%%%%%%%%%%

INSTRUCTION: A #&e' all m!l"i(le )*+i)e ,!e#"i+ # -'+m #e)"i+ A a . a y TWO,!e#"i+ # -'+m #e)"i+ B/

SECTION A

D+ all 0 ,!e#"i+ # 1y )i')li 2 "*e le""e' )+''e#(+ .i 2 "+ "*e a(('+('ia"e 'e#(+ #e/

/ W*i)* +- "*e -+ll+&i 2 i# +" a '+le +- "*e 2+3e' me " i "*e mixe. e)+ +my/

4a5 I )+me 'e.i#"'i1!"i+415 S"a1ili6a"i+4)5 C+ #!me' ('+"e)"i+

4.5 O& i 2 "*e mea # +- ('+.!)"i+ /

/ T*e ('i)e +- a 'ela"e. ('+.!)" )*a 2e# a . .ema . -+' "*e +"*e' ('+.!)" )*a 2e# i "*e#ame .i'e)"i+ / T*e ('+.!)" i#

4a5 A +'mal 2++.415 C+m(lime "a'y 2++.4)5 A #!1#"i"!"i+ 2++.4.5 A i -e'i+'

8/ T+ e #!'e "*e mee"i 2 +- ('+.!)"i+ "a'2e"#9 "*e )e "'al (la i 2 )+mmi""ee )a''ie# +!"

4a5 A ('+-i" #!'3ey415 A -i3e yea'# (la4)5 A i (!" +!"(!" a aly#i#4.5 A ma#"e' (la

W*i)* +- "*e -+ll+&i 2 &ill lea. "+ a i )'ea#e i .ema .;

4a5 A .e)'ea#e i i )+me415 A .e)'ea#e i "axe#4)5 A .e)'ea#e i "*e ('+.!)" +& ('i)e4.5 A .e)'ea#e i "*e ('i)e +- a #!1#"i"!"e/

< W*i)* +- "*e -+ll+&i 2 &ill lea. "+ a i )'ea#e i #!((ly;

4a5 A i )'ea#e i "*e ('+.!)" +& ('i)e415 A i )'ea#e i )+ #!me' i )+me4)5 A .e)'ea#e i "*e )+#" +- ('+.!)"i+

4.5 A i )'ea#e i .ema .

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= W*y i# "*e ma'ke" "*e ma#"e' +- all 3+l! "a'y "'a #a)"i+ #;

4a5 All a)"i+ 'e3+l3e. a'+! . i"/415 C+ #!me'# a . -i'm# 1e e-i" -'+m "*e ma'ke" "'a #a)"i+4)5 >+3e' me "# a'e +" i 3+l3e. i ma'ke" "'a #a)"i+

4.5 Ex)*a 2e i# + '+11e'y

7 T*e ('i)e +- 1ee- *a# i )'ea#e. a . "*e #!((ly +- lea"*e' &ill

4a5 I )'ea#e415 De)'ea#e4)5 Remai )+ #"a "4.5 I )'ea#e a . "*e .e)'ea#e

? T*e a1+3e ,!e#"i+ i# a exam(le +- 4a5 S!1#"i"!"e#415 C+m(lime "#4)5 @+i "ly ('+.!)e 2++.#4.5 C+m(e"i 2 ('+.!)"#

W*i)* +- "*e -+ll+&i 2 i# +" a -a)"+' a--e)"i 2 #!((ly;

4a5 T*e ('+.!)" +& ('i)e415 C+ #!me'# i )+me4)5 T*e )+#" +- ('+.!)"i+4.5 Te)* +l+2y

0 A# "*e ('i)e i )'ea#e9 "*e ,!a "i"y "*a" "*e -i'm #ell# i )'ea#e#/ T*e i# k +& a#

4a5 T*e la& +- .ema .415 T*e la& +- #!((ly4)5 T*e ma'ke" )!'3e4.5 T*e #!((ly )!'3e

SECTION B

D+ a y TWO ,!e#"i+ #

/ 4a5 De-i e "*e "e'm .ema ./ 4 Ma'k#5

415 Ex(lai "*e mea i 2 +- "*e "e'm )el'i# (a'i1!# a . *+& i" )a 1e a((lie. "+ "*e)+ )e(" +- .ema ./ 4 Ma'k#5

4)5 W*a" i# "*e .i--e'e )e 1e"&ee a i )'ea#e i "*e ,!a "i"y .ema .e. a . ai )'ea#e i .ema .; 4< Ma'k#5

4.5 W*a" i# mea " 1y "*e la& +- .ema . 4 Ma'k#5

4a5 W*a" i# a mixe. e)+ +my 4 Ma'k#5

415 I.e "i-y -+!' '+le# +- "*e 2+3e' me " i a mixe. e)+ +my 4 Ma'k#5

4)5 I.e "i-y THREE -! )"i+ # +- "*e ('i)e me)*a i#m i "*e ma'ke" e)+ +my/

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48 Ma'k#54.5 Ex(lai a y ONE +- "*e#e -! )"i+ # 4 Ma'k#5

4e5 i.e "i-y TWO )+! "'ie# "*a" a'e 2++. exam(le# +- "*e mixe. e)+ +my4 Ma'k#5

8 4a5 De-i e "*e "e'm #!((ly 4 Ma'k#5

415 Ex(lai "*e "e'm la& +- #!((ly 4 Ma'k#5

4)5 I.e "i-y THREE -a)"+'# a--e)"i 2 #!((ly 48 Ma'k#5

4.5 W*a" i# mea " 1y "*e "e'm ('i)e a . )+#" +- ('+.!)"i+ 4 Ma'k#5

4e5 I.e "i-y TWO 'ea#+ # &*i)* &ill m+"i3a"e -i'm# "+ ('+.!)e m+'e i- "*e ('i)ei )'ea#e#/ 4 Ma'k#5