Answer to Question #131077 in Macroeconomics for Letlhogonolo

Question

South Africa, March 18 ‐
Repurchase rate: 6.25%
Inflation rate: 4.5% (January)

Based on the projections of the repurchase rate in the extract above.

Explain, with the aid of a graph, the impact of a cut in the interest rate on the
demand for money.

Answer 1

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