3.3 Shampoo with which customers’ hair is washed in the salon is regarded as consumer goods/trading stock. (1)

2.7 A housewife who is not looking for work is considered unemployed. (1)

4.1.1 Capital = (1)

  Question 2 [10]   Indicate whether the following statements are TRUE or FALSE.  

3.9 When the business wants to deposit its cash in the bank at the end of the day, a bank deposit slip/invoice must be completed. (1)

2.9 From 1 January 2021, cheques will no longer be accepted in South Africa. (1)

5.4 What is the market called where factors of production are traded? (1)      

4.1.2 Labor = (1)

GRADE 8 EMS TERM 2 JUNE EXAM   INSTRUCTIONS:     Answer ALL the questions in Canvas.     Section C is a PDF UPLOAD question.     The answers you provide to the question paper must be your own original work. No copying from any source will be allowed. No marks will be awarded for work copied.     Read all the questions carefully.     Use the mark allocation as a guideline for the amount of information required in the answer.     You can use a calculator if needed.  

3.2 Bicycles in a bicycle shop are considered consumer goods/trading stock. (1)