To counteract a recession, the SARB could: Group of answer choices Sell government securities on the open market and raise the repo rate. Buy government securities on the open market and lower the required reserve ratio. Buy government securities on the open market and raise the required reserve ratio. Raise the required reserve ratio and lower the repo rate.
To counteract a recession, the SARB could: Group of answer choices Sell government securities on the open market and raise the repo rate. Buy government securities on the open market and lower the required reserve ratio. Buy government securities on the open market and raise the required reserve ratio. Raise the required reserve ratio and lower the repo rate.
Chapter19: Money Creation
Section: Chapter Questions
Problem 12SQ
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To counteract a recession, the SARB could:
Group of answer choices
Sell government securities on the open market and raise the repo rate.
Buy government securities on the open market and lower the
Buy government securities on the open market and raise the required reserve ratio.
Raise the required reserve ratio and lower the repo rate.
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