Ecs3701 exam pack 2023 Study guides, Study notes & Summaries

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QUESTIONS WITH ANSWERS

ECS3701 (Monetary Economic) Answers (Updated 2023) Past Exams until January (F1) Exam - Latest Exam Pack 2023. Get fully prepared for your ECS3701 Monetary Economics assignments and exams with this comprehensive Exam Pack, complete with detailed answers. This pack covers old exam papers until January 2023. Answers are in detail and the prescribed book was used in answering the exam question: Third year Monetary Economics for UNISA. Mishkin; F.S. (2023). 

ECS3701 EXAM PACK 2023

ECS3701 exam pack 2023 Latest October November exam pack questions and answers and summarized notes for exam preparation.For assistance call or W.h.a.t.s.a.p.p us on +/ 2/ 5/ 4 /7 /7 /9 /5 /4 /0 /1 /3 /2 .

ECS3701 EXAM PACK 2023. 100% CORRECT questions, answers, workings and explanations.

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ECS3701 Oct/Nov 2017 1. Explain the following terms i. Inflation targeting Monetary policy strategy that involves public announcement of a medium-term numerical target for inflation. ii. Interest rate risk The riskiness of earnings and returns that is associated with changes in interest rates iii. Monetary Policy Monetary policy can be defined as the measures taken by the monetary authorities to influence the quantity of money or the rate of interest with a view to achieving st...

Definition and functions of money (15 Marks) Answer all questions in part 1. 1.1 List and explain the three primary functions of money. (2) Medium of Exchange: money serves as a medium of exchange allowing it to be used as payment for goods and services. As such it promotes economic efficiency by reducing the time taken for transactions to take place. Unit of Account: used to measure value of goods and services in an economy and helps to reduce transaction costs. Store of Value: serves ...

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