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(2)
(2)
\begin{tabular}{|c|c|c|}
\hline
\multicolumn{2}{|c|}{Column A} & \multirow[b]{2}{}{\begin{tabular}{l}
A. This kind of inflation occurs when aggregate \\
demand increases faster than aggregate supply.
\end{tabular}} \\
\hline
1.2.1 & \begin{tabular}{l}
Producer Price \\
Index
\end{tabular} & \\
\hline
1.2.2 & Monetarists & \begin{tabular}{l}
B. A monetary policy framework monitored by the \\
SARB to keep inflation between 3-6\%.
\end{tabular} \\
\hline
1.2.3 & \begin{tabular}{l}
Demand-pull \\
inflation
\end{tabular} & \begin{tabular}{l}
C. Measures the change in the prices of domestically \\
produced goods and services as well as the prices \\
of imported goods.
\end{tabular} \\
\hline
1.2.4 & \begin{tabular}{l}
Administered \\
prices inflation
\end{tabular} & \begin{tabular}{l}
D. Government expenditure and taxes.
\end{tabular} \\
\hline
1.2.5 & \begin{tabular}{l}
Inflation \\
targeting
\end{tabular} & \begin{tabular}{l}
E. Key inputs to prevent price increases.
\end{tabular} \\
\hline
\multirow[t]{3}{}{1.2.6} & \begin{tabular}{l}
Fiscal \\
measures
\end{tabular} & \begin{tabular}{l}
F. Believe that inflation is caused by an increase in \\
the total money supply in the country.
\end{tabular} \\
\hline
& & \begin{tabular}{l}
G. Consumer inflation on the prices of goods and \\
services that have been set or controlled by \\
government.
\end{tabular} \\
\hline
& & \begin{tabular}{l}
H. Believe that borrowed money fuels inflation.
\end{tabular} \\
\hline
\end{tabular}

2.1 Answer
2.1.1 N
2.1.2 H
2.2 Study the
2.2.1
2.2.2



Answer :

GinnyAnswer
Sure, let's go through the detailed, step-by-step solution.

We need to match the items in Column A (1.2.1 to 1.2.6) with the correct descriptions in the third column. We already know the correct matches:

1. Producer Price Index (1.2.1) matches with C: "measures the change in the prices of domestically produced goods and services as well as the prices of imported goods". So, [tex]\( 1.2.1 \rightarrow C \)[/tex] which can be mapped to 3.

2. Monetarists (1.2.2) matches with F: "believe that inflation is caused by an increase in the total money supply in the country". So, [tex]\( 1.2.2 \rightarrow F \)[/tex] which can be mapped to 6.

3. Demand-pull inflation (1.2.3) matches with A: "this kind of inflation occurs when aggregate demand increases faster than aggregate supply". So, [tex]\( 1.2.3 \rightarrow A \)[/tex] which can be mapped to 1.

4. Administered prices inflation (1.2.4) matches with G: "consumer inflation on the prices of goods and services that have been set or controlled by government". So, [tex]\( 1.2.4 \rightarrow G \)[/tex] which can be mapped to 7.

5. Inflation targeting (1.2.5) matches with B: "a monetary policy framework monitored by the SARB to keep inflation between [tex]\(3-6 \%\)[/tex]". So, [tex]\( 1.2.5 \rightarrow B \)[/tex] which can be mapped to 2.

6. Fiscal measures (1.2.6) matches with D: "government expenditure and taxes". So, [tex]\( 1.2.6 \rightarrow D \)[/tex] which can be mapped to 4.

Thus, our final matches from Column A to their respective descriptions are:

- 1.2.1 [tex]\( \rightarrow \)[/tex] C (Producer Price Index [tex]\( \rightarrow \)[/tex] measures the change in the prices of domestically produced goods and services as well as the prices of imported goods)
- 1.2.2 [tex]\( \rightarrow \)[/tex] F (Monetarists [tex]\( \rightarrow \)[/tex] believe that inflation is caused by an increase in the total money supply in the country)
- 1.2.3 [tex]\( \rightarrow \)[/tex] A (Demand-pull inflation [tex]\( \rightarrow \)[/tex] this kind of inflation occurs when aggregate demand increases faster than aggregate supply)
- 1.2.4 [tex]\( \rightarrow \)[/tex] G (Administered prices inflation [tex]\( \rightarrow \)[/tex] consumer inflation on the prices of goods and services that have been set or controlled by government)
- 1.2.5 [tex]\( \rightarrow \)[/tex] B (Inflation targeting [tex]\( \rightarrow \)[/tex] a monetary policy framework monitored by the SARB to keep inflation between [tex]\(3-6 \%\)[/tex])
- 1.2.6 [tex]\( \rightarrow \)[/tex] D (Fiscal measures [tex]\( \rightarrow \)[/tex] government expenditure and taxes)

In summary, the matches can be represented numerically as:

[tex]\[ (3, 6, 1, 7, 2, 4) \][/tex]

These matches align exactly with the correct answer provided.

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