Answer to Question #102951 in Macroeconomics for Michael

Question

The repo rate is.........

1. The rate at which the South African Reserve Bank advances loans to government
2. The rate at which banks provide loans to their best clients
3. The rate at which the South African Reserve Bank provide loans to other banks
4. The rate at which the quantity of money demanded is equal to the quantity of money

B. Which of the following variables will not influence the quantity of money that an individual demand?

1. The interest rate level
2. The income level
3. The price level
4. Money supply

Answer 1

3

4