
Monetary policy ICE 2
Authored by Nomzamo Mbuthu
Mathematics
1st - 3rd Grade
Used 2+ times

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9 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
If product prices in South Africa were stated in terms of sugar beans (instead of Rands and cents), then sugar beans would be functioning primarily as:
Store of value
Unit of account
Medium of exchange
2.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
Short- and medium-term deposits are included in:
M1
Both M1 and M2
M2
3.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
Banks can create money by:
Printing additional banknotes;
Paying interest to their depositors;
Making loans that result in additional deposits.
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
The demand for money is:
The interest that is earned when the money is used to purchase bonds;
The amount that various participants in the economy plan to hold in the form of money balances;
5.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
The liquidity preference theory holds that the demand for passive balances is determined by:
The transactions motive;
The speculative motive;
The precautionary motive;
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
The present governor of the South African Reserve Bank is:
Tito Mboweni;
Trevor Manuel;
Lesetja Kganyago
7.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
The repo rate is the
Interest rate at which commercial banks lend to the public.
Interest rate at which the Reserve Bank lends to commercial banks
Interest yield on government bonds.
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