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Exam (elaborations)

Grade 8 Economic and Management Science (EMS) (Economics) March Paper and Memo - 2024

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Grade 8 EMS (Economics) March Paper and Memo: Total:  50 Marks.      Time:  60min Contents of the exam paper contains the following details: The economy: Government | The economy: National budget | The economy Standard of living This is a practice paper with memorandum meant to test the student's knowledge, and will not be the same paper written for the exam. DAN SMI

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GRADE 8
EMS
TERM 1


TEST

MARKS: 50
TIME: 1 HOUR



www.summariessa.co.za

, SECTION A

QUESTION 1

1.1.1 Several options are given as possible answers to the following questions. Choose the answer
and write only the letter (A-D) next to the question numbers (1.1.1 to 1.1.5) in the ANSWER
BOOK, e.g. 1.1.6 D.


1.1.1 Which type of tax discourages the consumption of goods like sugary beverages or cigarettes?
A. sin tax
B. income tax
C. direct tax
D. sugar tax


1.1.2 Who is responsible for managing elections, voter registration, and polling stations in a
country?
A. local government
B. provincial government
C. The ANC
D. International government


1.1.3 What do we call the condition where individuals who are willing and able to work are unable
to find jobs?
A vacation
B retirement
C unemployment
D holiday


1.1.4 What does the acronym VAT stand for?
A Variable Asset Tax
B Value Added Tax
C Very Affordable Tariff
D Voluntary Accounting Technique




2|Page www.summariessa.co.za EMS
Grade 8 March Paper

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