The Consumer: Income & Household Budgeting is one of 9 topics in the Grade 11 Consumer Studies CAPS syllabus, covered across 3 lessons on Study Vault. Below are real practice questions from this topic with full worked answers.
Sample practice questions
Easy
1. Which of the following is a government grant that can be a source of household income in South Africa?
The child support grant
A salary
A wage
Dividends from shares
Answer: The child support grant — The child support grant, along with the old age pension and disability grant, is a government grant that forms part of many South African households' income.
Easy
2. What is the key difference between a salary and a wage as forms of earned income?
A salary is fixed monthly pay, while a wage is often paid per hour or per task
A salary is only paid to government workers
A wage is always higher than a salary
There is no meaningful difference between the two
Answer: A salary is fixed monthly pay, while a wage is often paid per hour or per task — A salary is typically a fixed monthly amount, while a wage is often paid per hour or per task, and is common in informal and casual work.
Medium
3. Name the South African government organisation that publishes real household expenditure data used to compare a household's spending pattern against national averages.
Answer: Statistics South Africa — Statistics South Africa (StatsSA) publishes household expenditure data that can be used to benchmark a household's spending pattern.