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ECS2603 ASSIGNMENT 5 SEMESTER 1 OF 2023 EXPECTED QUESTIONS AND ANSWERS R100,00
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  3. University Of South Africa (Unisa)
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  5. ECS2603 - South African Economic Indicators (ECS2603)

Exam (elaborations)

ECS2603 ASSIGNMENT 5 SEMESTER 1 OF 2023 EXPECTED QUESTIONS AND ANSWERS

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THIS DOCUMENT CONTAINS ECS2603 ASSIGNMENT 5 SEMESTER 1 OF 2023 EXPECTED QUESTIONS AND ANSWERS.USING IT CORRECTLY AS A GUIDE WILL HELP YOU SCORE ABOVE 75%

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  • May 5, 2023
  • 12
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers

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The prime overdraft rate is the rate at which the central bank extend credit to commercial banks..



True
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Question 18
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The repo rate is the rate at which the central bank extend credit to commercial banks.



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Question 19
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Since a treasury bill is a short term government security the treasury bill rate is part of the bond market.



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Question 20
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If a 12 month bill with a face value of R99 000 is sold for R94 000 the discount is R 5000 and the discount rate is 5.1 % (one decimal). The yield or

interest earned by the holder of the bill is 5.3 % (one decimal).




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, OSCAR THE TUTOR
oscardiura@gmail.com
0844708483
for FAC MAC ECS DSC TAX QMI FIN INV BNU STA
tutorials




OSCAR THE TUTOR
oscardiura@gmail.com
0844708483
for FAC MAC ECS DSC TAX QMI FIN INV BNU STA
tutorials

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