Why is it important to express the government budget balance as a percentage of GDP
Explain in detail, with the aid of a graph the component of the demand for money
Identify the main determinant of each component
In your graph illustrate each component as well as the total demand for money
2. Explain with the aid of a graph, the impact of a cut in the interest rate on the demand for money
3. Many economists argue in favour of the South African government should implement a policy of privatization. Argue in favour of a policy of privatization
roles of financial institutions in the circular flow of income and expenditure