QUESTION 2 The SARB is responsible for the monetary policy of SA. Monetary policy ensures that measures are taken to inf

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QUESTION 2 The SARB is responsible for the monetary policy of SA. Monetary policy ensures that measures are taken to inf

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QUESTION 2The SARB is responsible for the monetary policy of SA. Monetarypolicy ensures that measures are taken to influence the quantity ofmoney. Its aim is to achieve price stability and facilitating fullemployment and promote economic growth. Discuss this statement.
Include in your answer the functions of the SARB, identify the waysthat it could decrease or increase credit and lastly, discuss whatmeasures can be implemented during a recession. [20]
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