(a)
- Identify the overall change in South Africa’s unemployment rate from January 2020 to October 2022. [1]
- Compare the movement in the unemployment rate in South Africa from January 2020 to January 2022 with the movement from January 2022 to October 2022. [1]
(b)[2]
Identify one possible effect on firms in South Africa and one possible effect on the government in South Africa of such a high unemployment rate.
(c)[4]
Consider whether further falls in the value of the South African rand might reduce the current account deficit of the balance of payments.
(d)[6]
Assess the extent to which closer membership of the AfCFTA may help South Africa achieve the growth needed to ‘escape from its economic difficulties’.
(e)[6]
Assess the extent to which the policies proposed to improve infrastructure and reduce the high unemployment rate in South Africa are likely to cut income inequality.