Judgments
ESC1601 SEMESTER 2 ASSESSMENT 05 2022
- Course
- ESC1601 (ESC1601)
- Institution
- University Of South Africa (Unisa)
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ECS1601 ASSIGNMENT 5 OF 2022EXPECTED QUESTIONS AND
ANSERS
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Dashboard / Courses / UNISA / 2022 / Semester 1 / ECS1601-22-S1 / Online assessment / Assessment 5
Started on Friday, 6 May 2022, 8:35 PM
State Finished
Completed on Friday, 6 May 2022, 8:57 PM
Time taken 21 mins 53 secs
Marks 17.00/18.00
Grade 94.44 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
According to the classical cash reserve system, which of the following statements is/are true regarding banks in South Africa?
(a) They are required to hold a minimum cash reserve of 2,5% of their deposits.
(b) The level of the repo rate influences the interest rate at which the banks provide credit to individuals.
(c) The SARB provides cash reserves through accommodation policy to the banks experiencing liquidity shortage.
a. (b)
b. (a)
c. (a) and (b)
d. (c)
e. (a), (b) and (c)
Refer to section 9.2 of the prescribed textbook.
Question 2
Correct
Mark 1.00 out of 1.00
Which of the following factors will cause a movement along the AD curve?
a. The government decides to fund small businesses in Limpopo.
b. The minister of finance together with the panel decide to reduce taxes.
c. The central bank decides to increase the repo rate.
d. The increase in fuel price, that results in an increase in the general price level.
Refer to section 9.1 of the prescribed textbook.
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