The supply of money is determined by
A)the price level.
B)the Treasury and the Budget Office.
C)the South African Reserve Bank.
D)the demand for money.

Question

Quizplus · Accepted Answer

In South Africa, the supply of money is determined by the South African Reserve Bank. The Bank aims to control inflation and maintain financial stability by regulating the levels of money supply in the economy through various policy tools. The price level, treasury and budget office, and demand for money can all influence the supply of money, but ultimately it is the Reserve Bank that has the authority to control and regulate it.

The Supply of Money Is Determined by