# Economics Grade 9 Gauteng November 2017 Addendum (English)

> Grade 9 Economics addendum from the Gauteng November Exam 2017 (English), 15 pages. Read online or get the free PDF download.

- Page: https://www.hlayiso.com/library/gr9-ems-english-november-2017-answer-book/1dbf9e82-a27b-4779-afa1-08433cf09551
- Updated: 2026-09-27
- Subject: Economics
- Grade: Grade 9
- Language: English
- Document type: Addendum
- Year: 2017
- Exam period: Gauteng November Exam
- Curriculum: CAPS
- Pages: 15

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## About this document

Economics · Grade 9 · Gauteng November Exam · 2017 · English. Addendum, 15 pages. Read online or download the PDF.

Read it free online on the page above; download the PDF from there.

## Document text

Text extracted from the PDF. Layout, diagrams and tables may not survive extraction.

### Page 1

GAUTENG DEPARTMENT OF EDUCATION
                          PROVINCIAL EXAMINATION
                               NOVEMBER 2017
                                         GRADE 9

                              ECONOMIC AND
                           MANAGEMENT SCIENCES

                                    ANSWER BOOK

NAME OF LEARNER:

SCHOOL:

DISTRICT:

TIME:      2 hours

MARKS: 200

15 pages

   QUESTION          1    2    3     4    5    6    7   8    9    10   11   TOTAL
   LEARNER’S
   MARK
   MAXIMUM           60   10   10   10    10   41   8   11   19   11   10    200

                                                                                   P.T.O.

### Page 2

ECONOMIC AND MANAGEMENT SCIENCES         2
                      ANSWER BOOK                 GRADE 9

                  GAUTENG DEPARTMENT OF EDUCATION
                       PROVINCIAL EXAMINATION

                                  ECONOMIC AND MANAGEMENT SCIENCES

                                  TIME: 2 hours

                                  MARKS: 200

SECTION A
QUESTION 1

1.1   MULTIPLE-CHOICE QUESTIONS
      1.1.1

      1.1.2

      1.1.3

      1.1.4

      1.1.5

      1.1.6

      1.1.7

      1.1.8

      1.1.9

      1.1.10                                                   [20]

                                                              P.T.O.

### Page 3

ECONOMIC AND MANAGEMENT SCIENCES       3
                       ANSWER BOOK                 GRADE 9

1.2   MATCHING ITEMS
      1.2.1

      1.2.2

      1.2.3

      1.2.4

      1.2.5

      1.2.6

      1.2.7

      1.2.8

      1.2.9

      1.2.10                                                 [20]

1.3   CHOOSE THE CORRECT WORD

      1.3.1

      1.3.2

      1.3.3

      1.3.4

      1.3.5                                                  [10]

                                                             P.T.O.

### Page 4

ECONOMIC AND MANAGEMENT SCIENCES       4
                      ANSWER BOOK                 GRADE 9

1.4   TRUE OR FALSE

      1.4.1

      1.4.2

      1.4.3

      1.4.4

      1.4.5                                                  [10]

                                             TOTAL SECTION A : 60

                              60

                                                            P.T.O.

### Page 5

ECONOMIC AND MANAGEMENT SCIENCES       5
                         ANSWER BOOK                 GRADE 9

SECTION B
QUESTION 2

      ECONOMIC SYSTEMS

2.1

                                                                         (4)

2.2

             A

             B

                                                                         (4)

2.3                                                                      (2)
                                                                        [10]

                                 10

                                                               P.T.O.

### Page 6

ECONOMIC AND MANAGEMENT SCIENCES       6
                       ANSWER BOOK                 GRADE 9

QUESTION 3 – THE CIRCULAR FLOW

3.1   3.1.1

      3.1.2

      3.1.3
                                                                       (3)

3.2                                                                    (2)

3.3                                                                    (1)

3.4           A

              B

              C

              D

                                                                       (4)
                                                                      [10]

                                 10

                                                             P.T.O.

### Page 7

ECONOMIC AND MANAGEMENT SCIENCES       7
                       ANSWER BOOK                 GRADE 9

QUESTION 4 – PRICE THEORY

4.1

                                                                       (6)

4.2                                                                    (1)

4.3

                                                                       (2)

4.4                                                                    (1)
                                                                      [10]

                               10

                                                             P.T.O.

### Page 8

ECONOMIC AND MANAGEMENT SCIENCES       8
                       ANSWER BOOK                 GRADE 9

QUESTION 5 – TRADE UNIONS

5.1

                                                                       (2)

5.2

                                                                       (2)

5.3

                                                                       (4)

5.4

                                                                       (2)
                                                                      [10]

                               10

                                               TOTAL SECTION B:        40

                                                             P.T.O.

### Page 9

ECONOMIC AND MANAGEMENT SCIENCES                  9
                                                               ANSWER BOOK                 GRADE 9

SECTION C

FINANCIAL LITERACY

QUESTION 6 – JOURNALS AND LEDGERS
                                                                                                                     (6)
    6.1  CASH RECEIPTS JOURNAL OF LINCOLN BOUTIQUE FOR OCTOBER 2017                             CRJ1
Doc   Day Details        Fol  Analysis    Bank       Sales    Cost of        Debtors’         Sundry Accounts
no.                              of                            Sales         Control        Amount   Fol  Details
                              Receipts

                                                                                                                     (8)
    6.2 CASH PAYMENTS JOURNAL OF LINCOLN BOUTIQUE FOR OCTOBER 2017                               CPJ1
Doc Day Name of Payee     Fol     Bank      Trading     Creditors’                      Sundry Accounts
no.                                          Stock       Control           Amount         Fol         Details

                                                                                                                     (7)
      6.3   DEBTORS’ JOURNAL OF LINCOLN BOUTIQUE FOR OCTOBER 2017              DJ1
Doc     Day              Debtor               Fol      Sales        Cost of Sales
No.

                                                                                                                P.T.O.

### Page 10

ECONOMIC AND MANAGEMENT SCIENCES                  10
                                                                ANSWER BOOK                 GRADE 9

 6.4    DEBTORS’ ALLOWANCES JOURNAL OF LINCOLN BOUTIQUE FOR OCTOBER 2017    DAJ1
   Doc Day                Debtor               Fol     Debtors’    Cost of Sales
    No.                                               Allowances

                                                                                                                   (5)
 6.5    CREDITORS’ JOURNAL OF LINCOLN BOUTIQUE FOR OCTOBER 2017                               CJ1
   Doc Day        Creditor   Fol   Creditors’ Trading Stock                  Sundry Accounts
    No.                             Control                 Amount           Fol          Details

                                                                                                                   (3)
  6.6    DEBTORS’ LEDGER OF LINCOLN BOUTIQUE – October 2017
        Date            Details           Fol       Debit          Credit         Balance
  2017      1    Balance                   b/d                                      1 890 -
  Oct
            03                             DJ1                                      5 810 -
            14                             DAJ1
            30                                                                      1 230 -
                                                                                                                   (8)
  6.7   ACCOUNTING EQUATION      (Transaction 08)
Source document      Account Debited         Account Credited       Assets        Owner’s equity    Liabilities

                                                                                                                   (5)

                                                     41
                                                                                                              P.T.O.

### Page 11

ECONOMIC AND MANAGEMENT SCIENCES                  11
                                  ANSWER BOOK                 GRADE 9

   QUESTION 7 – GENERAL LEDGER

                           GENERAL LEDGER OF MUZI TRADERS
   DR                               TRADING STOCK                              CR
  Date           Details    Fol    Amount       Date          Details    Fol    Amount
2017     1    Balance      b/d      33 475 - 2017      31   Cost of     CRJ6
Sept                                         Sept           Sales
         31                CPJ6                                         CAJ6           924
              Creditors’   CJ6                                          DJ6         13 990
              Control
                           DAJ6      1 088 -

2017     1
Oct
                                                                                      (8)

                                            8

                                                                                    P.T.O.

### Page 12

ECONOMIC AND MANAGEMENT SCIENCES           12
                            ANSWER BOOK                 GRADE 9

QUESTION 8 – TRIAL BALANCE

Trial balance of Brookes Traders on 31 October 2017

                                       Fol      Debit      Credit
Balance Sheet Accounts Section
                                        B1

Nominal Accounts Section
                                       N1

                                       11

                                                        TOTAL SECTION C: 60

                                                                      P.T.O.

### Page 13

ECONOMIC AND MANAGEMENT SCIENCES      13
                          ANSWER BOOK                 GRADE 9

SECTION D

ENTREPRENEURSHIP

QUESTION 9 – SECTORS IN THE ECONOMY

9.1    (a)

       (b)

       (c)
                                                                  (3)

9.2

                                                                  (4)

9.3

                                                                  (6)

9.4

                                                                  (3)

9.5

                                                                  (3)

                                  19

                                                                P.T.O.

### Page 14

ECONOMIC AND MANAGEMENT SCIENCES      14
                           ANSWER BOOK                 GRADE 9

QUESTION 10 – FUNCTIONS OF A BUSINESS

10.1
       10.1.1

       10.1.2

       10.1.3

       10.1.4

                                                                   (8)

10.2

                                                                   (3)

                                   11

                                                                 P.T.O.

### Page 15

ECONOMIC AND MANAGEMENT SCIENCES         15
                           ANSWER BOOK                 GRADE 9

QUESTION 11 – THE BUSINESS PLAN

11.1

                                                            (2x2)    (4)

11.2

                                                                     (4)

11.3
                                                            (1x2)    (2)

                                  10

                                              TOTAL SECTION D:       40

                                                       TOTAL:       200

                                  END

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