Question

2.3 Which one of the following is not a way that the government can intervene in the economy?

[1] participating in the market

[2] changing the repo rate to change the interest rate

[3] regulation by means of policies, laws or rules that affect the economy

[4] changing the tax rate and/or structure

2.4 Which one of the following statements is correct?

[1] Eskom is an example of a nationalised entity.

[2] Nationalisation will attract foreign direct investment, which will increase foreign reserves.

[3] The transfer of ownership from a private enterprise to the government is called nationalisation.

[4] Nationalising an organisation would increase its efficiency.

Answer 1

Question 2.3) Answer: 1 participating in the market

Question 2.4) Answer: 1 Eskom is an example of a nationalised entity.