A. This is False. The South African Reserve Bank is required by law to achieve and maintain price stability in the interest of balanced and sustainable economic growth in South Africa. The achievement of price stability is quantified by the setting of an inflation target by Government that serves as a yardstick against which price stability is measured. Therefore, the Bank must be accountable to the government.
B. Political socialisation.
C. Democratic issue. Democracy is all about making collective decisions about how to approach a particular issue. It is a rule of the people, by the people and for the people.
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