5.1. The price of a 700 g loaf of brown bread in 2016 was R11.50. The current price in of the same loaf in 2024 is R17,99. Determine the rate of inflation as a percentage, if we assume the inflation rate remained unchanged for this period. 5.2. An amount of \( \mathrm{R6} 500,00 \) is invested at an interest of \( 11 \% \) p.a compounded yearly. Calculate the value of the investment at the end of 38 months.

An economy is at equilibrium output when a) \( Y=C+I+G+(X-M) \) b) \( Y=A D+C+G+(X-M) \) c) \( Y=A D+C+I+G+(X-M) \) d) \( Y=A D+C+1+G \)

QUESTION 13 Which of the following is least likely to be associated with market failure, and is consequently least likely to require any form of state regulation or intervention? a) Hake fishing off the west coast of South Africa. b) The provision of education services in government schools. c) The provision of education services in private schools. d) The market for fast foods.

QUESTION 18 Which of the following might be expected to generate employment? a) Economic growth that is capital intensive. b) Higher taxes for small businesses. c) A fall in the productivity of workers. d) The promotion of exports and investment.

QUESTION 17 When the reserve bank prints more money and increases the money supply, this will cause prices a) Decrease b) Stabilise c) Increase d) Fluctuate

QUESTION 19 If Japan exports more than it imports, a) Japan's net exports are negative. b) Japan is running a trade deficit. c) Japan's net capital outflow must be positive. d) Japan's net capital outflow must be negative.