SOUTH AFRICA INFLATION ACCELERATES IN FEW MONTHS TO 7.4%

1. Name the South African institution responsible for combating inflation. (1)

2. Which school of thought believes that inflation is influenced by the total money supply? (1)

3. Briefly describe the term hyperinflation. (2)

4. How would the cost of imported key inputs contribute to a higher inflation rate? (2)

5. Why is a monetary policy effective in reducing demand-pull inflation? (2)

Question

11-07-2024
Business

Answered

SOUTH AFRICA INFLATION ACCELERATES IN FEW MONTHS TO 7.4%

1. Name the South African institution responsible for combating inflation. (1)

2. Which school of thought believes that inflation is influenced by the total money supply? (1)

3. Briefly describe the term hyperinflation. (2)

4. How would the cost of imported key inputs contribute to a higher inflation rate? (2)

5. Why is a monetary policy effective in reducing demand-pull inflation? (2)

Answer :

Other Questions

Using your knowledge of etymology, what does the word "ignominious" mean? A. Full of energy and enthusiasmB. Marked by shame or dishonorC. Having great intellig

Given the function [tex]$h(n) = -2n^2 + 4$[/tex], find [tex]$h(4)$[/tex].

Given the following equation:[tex]\[ 1.1x^2 - x - 12 = 0 \][/tex]Solve the inequality:[tex]\[ (2x - 3)(x^2 + 1) \ \textless \ 0 \][/tex]

\begin{tabular}{|c|c|c|}\hline\begin{tabular}{l} Penjumlahan \\Bentuk Akar\end{tabular} & Bentuk Panjang & Kesimpulan \\\hline[tex]$2 \sqrt{3}+6 \sqrt{3

With respect to a Balanced Scorecard, one would expect to observe the number of warranty claims being tracked when reviewing the Learning & Growth Performan

What is the name given to the reaction that breaks peptide bonds?A. DehydrationB. HydrolysisC. No answer text providedD. No answer text provided

An ethane molecule has carbon-carbon double bond

John and Lisa are both 42 and their modified AGI is $50,000. They live in the same home all year, have two qualifying children, and their filing status is MFS.

Select the correct answer.A linear function has a [tex]$ y $[/tex]-intercept of -12 and a slope of [tex]$ \frac{3}{2} $[/tex]. What is the equation of the l

After their daughter Dominique was born, Hondo felt unusual jealousy toward his wife Bethany. He watched longingly as Bethany nurtured Dominique, soothed her cr

GinnyAnswer GinnyAnswer · Answer 1 · 2024-07-11T14:10:41-04:00

Final answer:

The South African Reserve Bank combats inflation, the Quantity Theory of Money links inflation to the total money supply, hyperinflation is rapid uncontrollable price increases, imported key inputs drive inflation by raising production costs, and monetary policy controls demand-pull inflation.

Explanation:

Inflation:

1. The institution responsible for combatting inflation in South Africa is the South African Reserve Bank.

2. The school of thought that believes inflation is influenced by the total money supply is the Quantity Theory of Money.

3. Hyperinflation is a situation where prices increase uncontrollably, typically more than 50% per month.

4. The cost of imported key inputs can contribute to higher inflation rates due to increased production costs, which are passed on to consumers.

5. Monetary policy is effective in reducing demand-pull inflation by controlling the money supply, interest rates, and credit availability to manage demand.

Learn more about Inflation and Monetary Policy here:

https://brainly.com/question/32408008