8. le 7. Which of the following would be the most effective counter-inflationary measure? (a) Increase in productivity b

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8 Le 7 Which Of The Following Would Be The Most Effective Counter Inflationary Measure A Increase In Productivity B 1 (39.62 KiB) Viewed 45 times

8. le 7. Which of the following would be the most effective counter-inflationary measure? (a) Increase in productivity b) Reduction of taxation 10 Increase of money supply d) All of the above Which of the following may lead to inflation? (al Too much money chasing too few goods and services (b) Strone union contracts lol A decrease in the competitive nature of the economy d! All of the above The South African rand is money because ... al it is generally accepted as a medium of exchange. 16) it acts as a store of purchasing power it acts as a standard of value d) All of the above 10. Which of the following is not a function of the Central Bank? la Malcing loans to individuals b) Accepting deposits from banks o Maling loans to banks (d) Overseeing the money-creating ability of banks 11. Which of the following are quasi-money? (al Savings deposits b) Demand deposits lel Traveller's cheques (d) Other demand deposits 12. The attempt to control inflation and moderate the business cycle by changing the quantity of money in circulation and adjusting interest rates, is called (al fiscal policy (b) bank policy lo monetary policy (d) economic policy 13. The Bank Rate refers to... the rate of growth of the money supply (b) the rate of interest on gorernment securities 10 the rate of interest that the Reserve Bank charges on loans to commercial banks. d) the rate of interest the individual pays. al