1.1 Various options are provided as possible answers to the following questions - NSC Consumer Studies - Question 1 - 2022 - Paper 1
Question 1
1.1 Various options are provided as possible answers to the following questions. Choose the answer and write only the letter (A–D) next to the question numbers (1.1.... show full transcript
Worked Solution & Example Answer:1.1 Various options are provided as possible answers to the following questions - NSC Consumer Studies - Question 1 - 2022 - Paper 1
Step 1
1.1.1 An example of non-renewable energy:
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Answer
The correct answer is C) Coal. Coal is classified as a non-renewable energy source because it is a fossil fuel that takes millions of years to form and cannot be replaced in a short time frame.
Step 2
1.1.2 … is a type of tax deducted from an employee's monthly income.
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Answer
The correct answer is B) Pay as you earn. This refers to the income tax system where tax is withheld from employees' paychecks by their employer and paid directly to the government.
Step 3
1.1.3 The indicator used to check the real value of salaries, wages and pensions:
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Answer
The correct answer is D) CPI (Consumer Price Index). The CPI is a measure used to evaluate the average price change over time for a basket of consumer goods and services and is important for understanding real wage adjustments.
Step 4
1.1.4 An example of a non-basic service that a municipality may also provide:
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Answer
The correct answer is B) Libraries. Libraries are generally considered non-basic services, as they provide educational and informational resources beyond essential utilities.