BUSINESS ADMINISTRATION ECONOMICS ASSIGNMENT-
The purpose of an assignment is to ensure that the Learner is able to:
- Use methods of enquiry and research in a disciplined field.
- Interpret and evaluate text.
- Have a sound understanding of key principles and theories, rules and awareness.
- Solve unfamiliar problems using correct procedures as well as investigate and critically analyse information and report thereof.
- Present and communicate information reliably and coherently.
QUESTIONS-
Q1. The South African Reserve Bank (SARB) is the central bank of the Republic of South Africa. The primary purpose of the Bank is to achieve and maintain price stability in the interest of balanced and sustainable economic growth in South Africa. It also plays a pivotal role in ensuring financial stability. In view of this statement.
1.1- Critique the functions of the South African Reserve Bank (SARB).
1.2- Discuss functions of money as a medium of exchange. Illustrate your answer with practical examples.
Q2.
2.1- There is a school of thought that believes Nationalisation is the best direction to take in order to better a nation, and there are some who believe Privatisation is the best way forward.
In view of the above statement, debate on the advantages and disadvantages of Nationalisation and Privatisation.
2.2- Discuss the difference between Monetary and Fiscal policy. Explain the major instruments of both policies and give some practical examples.