2.1 Name the document that promises to repair, replace or refund appliances by the seller or the manufacturer after being bought - NSC Consumer Studies - Question 2 - 2023 - Paper 1

Homeowners typically must pay for the following municipal services:

• Water
• Electricity
• Sewage sanitation
• Refuse removal

1. Use the appropriate water level setting for the amount of laundry being washed.
2. Wash full loads whenever possible to maximize water use efficiency.
3. Regularly clean and maintain the washing machine to ensure it operates efficiently.

1. Use a microwave instead of an oven for small meals, which consumes less energy.
2. Match the size of the saucepan with the size of the stovetop burner.
3. Keep the oven door closed to maintain heat and reduce cooking time.
4. Use lids on pots to retain heat and moisture.

1. Scammers often promise unrealistic returns or rewards to entice victims.
2. They typically use high-pressure tactics to persuade individuals to act quickly.

Consumers can take the following steps:

1. Avoid sharing personal information or financial details with unknown sources.
2. Regularly monitor bank statements for suspicious activity and report any discrepancies immediately.

1. Individuals who are self-employed or have additional income sources are likely required to pay provisional tax to avoid large tax bills at year-end.
2. Some individuals may choose to pay provisional tax to manage cash flow and spread tax payments over the year.

Compound interest accrues on both the principal amount and any previously accumulated interest, making it more expensive over time compared to simple interest, which only calculates interest on the principal amount.

Municipalities should:

1. Provide safe shelters and essential services to affected individuals.
2. Repair infrastructure, such as roads and drainage systems, to prevent future flooding.

A high CPI indicates increased inflation, resulting in decreased purchasing power. Consumers may find it more challenging to afford goods and services, leading to budget constraints and potential increases in debt.

Using solar energy and wind power has a positive impact by reducing reliance on fossil fuels, thereby lowering greenhouse gas emissions. However, some alternative sources like diesel generators can contribute to air pollution and environmental degradation.