The Monetary Base of the South African Reserve Bank consists of the sum of … a) South African Reserve Bank notes held within the South African Reserve Bank, bank deposits at the South African Reserve Bank, and coins held by banks and the public. b) South African Reserve Bank notes held outside the South African Reserve Bank, bank deposits at the South African Reserve Bank, and coins held by banks and the public. c) South African Reserve Bank notes held within the South African Reserve Bank, bank deposits at the South African Reserve Bank, and coins held by banks. d) South African Reserve Bank notes held outside the South African Reserve Bank, bank deposits at the South African Reserve Bank, and notes and coins held by banks.

MACROECONOMICS FOR TODAY
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ISBN:9781337613057
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Chapter14: Money And The Federal Reserve System
Section: Chapter Questions
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The Monetary Base of the South African Reserve Bank consists of the sum of …


a) South African Reserve Bank notes held within the South African Reserve Bank, bank deposits at the South African Reserve Bank, and coins held by banks and the public.


b) South African Reserve Bank notes held outside the South African Reserve Bank, bank deposits at the South African Reserve Bank, and coins held by banks and the public.


c) South African Reserve Bank notes held within the South African Reserve Bank, bank deposits at the South African Reserve Bank, and coins held by banks.


d) South African Reserve Bank notes held outside the South African Reserve Bank, bank deposits at the South African Reserve Bank, and notes and coins held by banks.

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