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Economics Grade 11 Unit 4: CONSUMPTION, SAVING AND INVESTMENT INTRODUCTION

national exam questions have come from this unit. It runs 24 pages; one careful study pass takes about 1.7 hours, and its difficulty is harder among Economics units. Each section below lists the questions set from it, with the year, and opens the page that teaches it.

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4.1 Consumption · read p. 90
Not asked in a national paper yet.
4.1.1 Average Propensity to Consume (APC) · read p. 90
Not asked in a national paper yet.
4.1.2 Marginal Propensity to Consume (MPC) · read p. 95
Not asked in a national paper yet.
4.1.3 Determinants of Consumption Expenditure · read p. 96
Not asked in a national paper yet.
4.2 Saving · read p. 96
Not asked in a national paper yet.
4.2.1 Average Propensity to Save (APS) · read p. 97
Not asked in a national paper yet.
4.2.2 Marginal Propensity to Save · read p. 99
Not asked in a national paper yet.
4.2.3 Determinants of Saving · read p. 99
Not asked in a national paper yet.
4.3 The Relationship between Saving and Consumption · read p. 99
  • 2018 E.C., Q8 – Which one of the following statements is correct about the relationship between consumption and saving?
  • 2011 E.C., Q30 – Which one of the following best expresses the relation between consumption and saving?
4.4 Investment · read p. 102
Not asked in a national paper yet.
4.4.1 Investment Types · read p. 103
Not asked in a national paper yet.
4.4.2 Determinants of Investment · read p. 106
Not asked in a national paper yet.
4.4.3 Role of Investment in Economic Growth · read p. 108
  • 2018 E.C., Q7 – Which one of the following is correct about the role of investment on economic growth?