Answer to Question #134859 in Macroeconomics for December

Question

6. Given the following information in the table, which option is correct?
Coins R60 000
Notes R150 000
Demand deposits R300 000
Quasi money R400 000
M3 2 000 000
Long-term deposits ?
[1] Long-term deposits are equal to R1 090 000
[2] M1 is R210 000
[3] Cash is R150 000
[4] M2 is R610 000
7. We can expect that the amount of money that a bank create will decrease when…
[1] more bank clients choose to deposit their funds at the bank.
[2] the bank's clients choose to hold a smaller part of their money in the form of cash.
[3] the bank borrows from the South African Reserve Bank.
[4] the South African Reserve Bank increases the repo rate.

Answer 1

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