Critique the functions of the south african reserve bank

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Reference no: EM131224815

BUSINESS ADMINISTRATION ECONOMICS ASSIGNMENT-

The purpose of an assignment is to ensure that the Learner is able to:

Use methods of enquiry and research in a disciplined field.
Interpret and evaluate text.
Have a sound understanding of key principles and theories, rules and awareness.
Solve unfamiliar problems using correct procedures as well as investigate and critically analyse information and report thereof.
Present and communicate information reliably and coherently.

QUESTIONS-

Q1. The South African Reserve Bank (SARB) is the central bank of the Republic of South Africa. The primary purpose of the Bank is to achieve and maintain price stability in the interest of balanced and sustainable economic growth in South Africa. It also plays a pivotal role in ensuring financial stability. In view of this statement.

1.1- Critique the functions of the South African Reserve Bank (SARB).

1.2- Discuss functions of money as a medium of exchange. Illustrate your answer with practical examples.

Q2.

2.1- There is a school of thought that believes Nationalisation is the best direction to take in order to better a nation, and there are some who believe Privatisation is the best way forward.

In view of the above statement, debate on the advantages and disadvantages of Nationalisation and Privatisation.

2.2- Discuss the difference between Monetary and Fiscal policy. Explain the major instruments of both policies and give some practical examples.

Reference no: EM131224815

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len1224815

9/29/2016 4:47:17 AM

In this assignment use the correct cover page provided by the institution. All essay type assignments must include the following: Table of contents, Introduction, Main body with subheadings, Conclusions and recommendations and Bibliography. The length of the entire assignment must have minimum of 5 pages. Preferably typed with font size 12. The quality of work submitted is more important than the number of assigned pages. Copying is a serious offence which attracts a severe penalty and must be avoided at all costs. If any learner transgresses this rule, the lecturer will retain the assignments and ask the affected learners to resubmit a new assignment which will be capped at 50%. Use the Harvard referencing method.

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