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INSTRUCTIONS TO CANDIDATES
1
SECTION A
MUTLTIPLE CHOICE
INSTRUCTIONS: Please shade the correct answer
1. Which of the following is true of a 6. Which of the following is NOT a
salary? method of controlling spending?
(a) It is usually paid in cash (a) Eating at home
(b) It is stated as a yearly amount (b) Planning meals and buying
(c) It is usually paid weekly only what is needed
(d) It is usually received by self- (c) Turning off lights
employed people (d) Earning money in the evening
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11. Jelani belongs to a small club for 16. Louise wants to go on a vacation
after- school science activities. next year to the Caribbean. It is
This group is an example of: important for Louise to
(a) A formal secondary group (a) Start a saving plan
(b) An informal secondary group (b) Take a loan
(c) An informal primary group (c) Take her daughter with her
(d) An involuntary primary group (d) Win the lotto
13. Which of the following is NOT a 17. The type of group shown above is a
function of most secondary (a) Formal group
groups? (b) Informal group
(a) A sense of identity and (c) Peer group
belonging (d) Voluntary
(b) Opportunities for leadership
(c) Achievement of specific goals 18. A person is self-employed when
(d) Socialisation he/she
(a) Has an employer
14. Group marks of identity include all (b) Is employed by his family
except: (c) Is unable to find a job
(a) Uniform (d) Works for himself
(b) Badges
(c) Rules 19. An example of a NEED is
(d) Flags (a) Jewellery
(b) PS4
15. You are a member of a community (c) Shelter
environmental group which is (d) Chocolate
experiencing internal conflicts.
Which of the following is the best 20. An example of a WANT is
way to resolve the issues? (a) Water
(a) Expel members who do not (b) Shelter
agree (c) Food
(b) Mediate between the members (d) Jewellery
(c) Take a vote on who is right
(d) Close the group
Total 20mks
3
SECTION B
PLEASE WRITE ANSWERS ON THE LINES PROVIDED BELOW
1. Match the following term with the correct definition
Savings, under-employment, budget, self- employed, expenditure, unemployment,
employment, career
(i) ___________________ doing regular paid work for another individual or organisation
(ii) ___________________________ interested in working but having no job
(iii) __________________________ the situation where a person is overqualified for their
current job
(iv) _______________________ persons who work for themselves
(v) __________________________ an occupation you chose to follow as a way of earning
a living
(vi) ____________________ the money one has saved, through a bank or credit union
(vii) _________________________ an estimate of income and expenditure
(viii) _________________________an amount of money that has been spent
(8mks)
(c)__________________________ (d)___________________________
(4mks)
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3. What level skill is required by each of the following jobs. Write the correct term after each.
(professional, skilled, semi- skilled or unskilled)
(i) Plumber ___________________________________
(ii) Teacher ___________________________________
(iii) Taxi driver ____________________________________
(iv) Hair dresser ___________________________________
(v) Lawyer ___________________________________
(vi) Computer programmer ___________________________________
(vii) Garbage collector ____________________________________
(viii) Hotel receptionist ____________________________________
(ix) Civil engineer ____________________________________
(x) Nurse ____________________________________
(xi) Shop keeper ____________________________________
(10mks)
4. Circle those that meet a person’s needs and place a tick by those which meet a person’s
wants
(15mks)
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5. Complete the model with the following terms: wages, salary
WAGES
SALARY
(16 mks)
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6. Mark works as a plumber for a building company. His salary is $9000.00 a month. He
also does extra odd jobs on the weekend and gets $250.00. He spends:-
Rent- $2500.00
Electricity bill - $500.00
Cable/internet - $300.00
Phone bill - $300.00
Food - $2000.00
Clothes – $1000.00
Toiletries - $500.00
Transportation- $500.00
Write a budget for Mark below.
(b) Compare mark’s income and expenditure. How much money does he have left?
________________________________________________________________________
(2mks)
(c) Suggest the best ways in which he could spend or save any left-over money.
Spend _______________________________________________________________
Save ________________________________________________________________
2mks)
(d) How could he increase his income?
_____________________________________________________________________
(1mk)
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7. Identify the types of groups by completing the table with the following terms:
social, primary, secondary, formal, informal, voluntary, involuntary, peer
similar interests
communication
have to join)
(8 mks)