Answer to Question #80726 in Microeconomics for bryan

Question #80726
When the inflation rate is expected to exceed the target rate by a significant margin, the South African Reserve Bank (SARB) will tend to:
a) Reduce the cost of credit to the banks.
b) Increase the repurchase rate (repo rate).
c) Purchase government bonds on the open market.
d) Decrease the repurchase rate (repo rate).
1
Expert's answer
2018-09-10T13:03:32-0400
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