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2.7 A housewife who is not looking for work is considered unemployed. (1)

3.3 Shampoo with which customers’ hair is washed in the salon is regarded as consumer goods/trading stock. (1)

2.7 A housewife who is not looking for work is considered unemployed. (1)

4.1.1 Capital = (1)

2.9 From 1 January 2021, cheques will no longer be accepted in South Africa. (1)

5.4 What is the market called where factors of production are traded? (1)      

  Question 2 [10]   Indicate whether the following statements are TRUE or FALSE.  

4.1.2 Labor = (1)

3.9 When the business wants to deposit its cash in the bank at the end of the day, a bank deposit slip/invoice must be completed. (1)

4.1.4 Entrepreneurship = (1)