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5.1. Briefly explain the Lorenz curve as an indicator of income distribution. (6) 7.1. Discuss the main functions of the South African Reserve Bank (SARB),
5.1. Briefly explain the Lorenz curve as an indicator of income distribution. (6)
7.1. Discuss the main functions of the South African Reserve Bank (SARB), the central bank, in the context of development economics in South Africa. (4) 7.2. Explain what development banks are and their main role in the context of developing countries.
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