Enterprise Risk Management
RSK2601
SEMESTER ASSIGNMENT 02
Due date 21 April 2023
Unique number 877285
Aim: To evaluate your knowledge of the fundamental aspects of Lessons 5 to 11 in the study guide, and
chapters 15 to 26 in the prescribed book.
MULTIPLE- CHOICE QUESTIONS
QUESTION 1
The … policy is a mechanism that the Reserve Bank uses to manipulate the supply of money, the
supply of credit, interest rates and exchange rates.
1 trade
2 monetary
3 fiscal
4 balance of payments
Macro-economic policy is influenced by government policy through fiscal policy, monetary policy and competing
theories.
Fiscal policy aims to influence government revenue (taxation) and/expenditure.
Monetary policy is the means by which central banks manage the money supply to achieve their goals.
Macro-economic policy is thus used by governments to influence the level of aggregate demand and supply in
the economy.