General Knowledge Flashcards
(8 cards)
1
Q
Finance Minister of South Africa
A
Enoch Godongwana
2
Q
Ceteris Paribus
A
All other things equal
3
Q
Example of Price Discrimination
A
Units of electricity that become cheaper after higher levels of consumption
4
Q
Economic Growth
A
When the production capacity of a country increases,, it is called Economic Growth
5
Q
The South African economy is a..?
A
Open Economy
6
Q
The South African Labour Force is characterised by?
A
Unskilled Labour
7
Q
What is the JSE?
The name and what it is.
A
The Johannesburg Stock Exchange, the major stock exchange of South Africa.
8
Q
What monitors the competition in the private sector in South Africa.
A
Competition Commission
