1. "Professor Adrian Saville from the Gordon Institute of Business Science, as well as Chiedza Madzima, head of operational risk research at Fitch Solutions, were in favour of a rate rise of 25 basis point with the threat of rising inflation is at the heart of their arguments. "Inflation risk is real and rising. SARB mandate is to look after inflation and the purchasing power of the rand. Not to manage growth. Taylor Rule and other models make the case for a rate hike," Sa said.." Suppose that the South African Reserve Bank were to pursue a rate hike of 25 basis points as some in panellists have argued above, which of the following would they likely use to go about it? O A. Reduces spending O B. Buys and bonds and securities O C. Increases taxation O D. Increases the exchange rate" 2 The M2 measure of money includes all long-term deposits of the domestic private sector with monetary institutions. Select one: O True O False 3. ".credit regulations for banks should also be relaxed to assist struggling households and firms". Going about this would impact which of the following on the functions of money for households? A. Money as a medium of exchange O B. Money as a store of value O C. Money used to settle depts in the future O D. Money as a unit of account