1.1.5 To further the rights and interests of its members is the aim of ...

Here are the answers to the multiple-choice questions:

1.1.5 To further the rights and interests of its members is the aim of ...
The correct option is C Trade union.

• A Trade union is an organization whose primary purpose is to protect and advance the rights and interests of its members (workers).

1.1.6 ... bank is known as the government's bank or central bank.
The correct option is C South African Reserve.

• The South African Reserve Bank (SARB) is the central bank of South Africa and acts as the government's bank.

1.1.7 The main tool of fiscal policy used to outline the states national revenue and expenditure plans is the ...
The correct option is C budget.

• The national budget is the government's plan for its revenue (e.g., taxes) and expenditure for a fiscal year, which is the primary tool of fiscal policy.

1.1.8 ALL government employees use Government Employees' Medical Scheme (GEMS) if they want to take care of their needs. This is ONE example of a ... motive.
The correct option is B precautionary.

• The precautionary motive for holding money or resources refers to keeping funds aside for unforeseen future events or emergencies, such as medical expenses.

1.1.9 In this instrument of collective bargaining, workers are given incentives or bonuses.
The correct option is C Productivity.

• Productivity bargaining is a type of collective bargaining where workers agree to changes in working practices or conditions to increase productivity, in return for incentives, bonuses, or higher wages.

1.1.10 ONE of the following is NOT a determinant of labour supply.
The correct option is D Relative in the work place.

• Level of skill, workforce participation, and migration are all significant determinants of the supply of labour. "Relative in the work place" is not a recognized determinant of labour supply.