Exam (elaborations)
Question paper diploma in economics
- Course
- Diploma in economics (MAE)
- Institution
- Tshwane University Of Technology (TUT)
This document will help students to prepare for exam or tests
[Show more]
Seller
Follow
Content preview
MAE306D ASSIGNMENT TWO 2ND SEMESTERTHE SOUTH AFRICAN RESERVE BANK (SARB) INFLATION TARGETING
REGIME FROM 2000 2008
There are different views about the contribution of IT during the period 2000 2008.
Some authors claim that it helped reduce inflation and promoted healthy
macroeconomic performance in South Africa (Aron and Muellbauer 2007; Merwe
2004; Mnyande 2008). In the US context, Bernanke (2004) argues that
improvements in the execution on monetary policy can plausibly account for a
significant part of the Great Moderation. Likewise, Aron and Muellbauer (2007, 708)
claim that ‘‘[the new monetary policy regime has enabled SA to participate in these
global trends, despite major exchange rate shocks’’.
QUESTIONS
Assess whether these sanguine views are correct, through the investigation of the
performance of the SARB during this period.
In doing this, focus on the performance of the main macroeconomic and income
indicators, such as:
1. Inflation, (10)
2. Output, (10)
3. The exchange rate, (10)
4. Unemployment and (10)
5. Income inequality. (10)
The benefits of buying summaries with Stuvia:
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
You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.
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 this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller ntimanepatience846. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R133,33. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
64438 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy summaries for 14 years now