100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
ECS3701 Assignment 2 (COMPLETE ANSWERS) Semester 1 2024 (833704) - DUE 29 April 2024 CA$3.90   Add to cart

Exam (elaborations)

ECS3701 Assignment 2 (COMPLETE ANSWERS) Semester 1 2024 (833704) - DUE 29 April 2024

 30 views  2 purchases
  • Course
  • Institution
  • Book

ECS3701 Assignment 2 (COMPLETE ANSWERS) Semester 1 2024 (833704) - DUE 29 April 2024 ;100 % TRUSTED workings, explanations and solutions. For assistance call or W.h.a.t.s.a.p.p us on ...(.+.2.5.4.7.7.9.5.4.0.1.3.2)........... Monetary Economics ECS3701 Assignment 2 Semester 1 2024 UNIQUE ...

[Show more]

Preview 3 out of 17  pages

  • April 27, 2024
  • 17
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
avatar-seller
ECS3701
ASSIGNMENT 2 SEMESTER 1 2024

, Monetary Economics
ECS3701
Assignment 2
Semester 1 2024


UNIQUE NO. 833704
Due Date: 29 April 2024



2.1 Given the global increase in inflation resulting from the Russian invasion of Ukraine, name and
explain the three tools that the South African Reserve Bank (SARB) can use to decrease inflation.
What adverse effects can these central banks' policies have on the economy? [10]


2.2 During the Covid-19, as much as economic activities and inflation generally declined, supply also
declined, which prompted an increase in inflation in some cases.
Explain the two main causes of inflation in any economy. Provide empirical evidence to support your
answer. [10]


2.3 The two ways in which government can finance its deficit are through monetizing the debt and
printing money. Explain each of these two ways in detail and what happens to the monetary base
and money supply. [10]


2.4 Differentiate between goal independence and operational independence of a central bank. Which
independence does the SARB have? Explain. [5]

, Monetary Economics
ECS3701
Assignment 2
Semester 1 2024


UNIQUE NO. 833704
Due Date: 29 April 2024



2.1 Given the global increase in inflation resulting from the Russian invasion of Ukraine, name and
explain the three tools that the South African Reserve Bank (SARB) can use to decrease inflation.
What adverse effects can these central banks' policies have on the economy? [10]


2.2 During the Covid-19, as much as economic activities and inflation generally declined, supply also
declined, which prompted an increase in inflation in some cases.
Explain the two main causes of inflation in any economy. Provide empirical evidence to support your
answer. [10]


2.3 The two ways in which government can finance its deficit are through monetizing the debt and
printing money. Explain each of these two ways in detail and what happens to the monetary base
and money supply. [10]


2.4 Differentiate between goal independence and operational independence of a central bank. Which
independence does the SARB have? Explain. [5]


2.5 Explain intermediate targets in monetary policy. [5]


2.6 Classify each of the following as either a policy instrument or an intermediary target. Explain your
answer. [10]
a. Long-term interest rates
b. Central bank interest rates
c. M2
d. Reserve requirements
e. Employment rates

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller LIBRARYpro. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for CA$3.90. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75759 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
CA$3.90  2x  sold
  • (0)
  Add to cart