SECTION B: MACROECONOMICS QUESTION 3 The mandate of the South African Reserve Bank (SARB) is to target inflation and keep it within the band of 3%-6%. The bank does this through adjusting the repo-rates. Discuss three channels of the money transmission mechanism emanating from fluctuations of the interest rates.

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SECTION B: MACROECONOMICS
QUESTION 3
The mandate of the South African Reserve Bank (SARB) is to target inflation and keep it within the
band of 3%-6%. The bank does this through adjusting the repo-rates.
Discuss three channels of the money transmission mechanism emanating from fluctuations of the
interest rates.
Transcribed Image Text:SECTION B: MACROECONOMICS QUESTION 3 The mandate of the South African Reserve Bank (SARB) is to target inflation and keep it within the band of 3%-6%. The bank does this through adjusting the repo-rates. Discuss three channels of the money transmission mechanism emanating from fluctuations of the interest rates.
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