Please help with following MCQ
question 1
Holding all other factors constant, what is the most likely effect of a cut in the domestic policy rate on the South African economy? O A. There will be fewer financial assets demanded, the rand will depreciate, imports will become expensive and there will be an increase in inflation in the long run. O B. There will be fewer financial assets demanded, the rand will depreciate, imports will become cheap and there will be an increase in inflation in the long run. O C. There will be high financial assets demanded, the rand will depreciate, imports will become expensive, and there will be an increase in inflation in the long run. O D. There will be fewer financial assets demanded, the rand will appreciate, imports will become expensive and there will be an increase in inflation in the long run.The base year 2019 CPI basket Item Quantity Price Oranges 80 2 Haircuts 65 20 Cost of CPI basket at the current period price. The year 2020 CPI basket Item Quantity Price Oranges 80 3 Haircuts 65 25 Cost of CPI basket at the current period price. A. 27.24%. B. 63.83% O C. 18.38% O D. 38.36%Time series data from 1994 to 2019 of unemployment and gross domestic product was used in Ukun's model for country KY2. The regression results were: U = - H.025? + 1.3656. Based on this information, which of the following statement{s) is most incorrect? i. The unemployment rate is at a higher level when real GDP growth 1%. ii. Dkun's coefficient is 0.64 in this country. iii. From the regression result, policymakers can be sure that a 1% increase in real GDP next year will lead to a fall in the unemployment rate of 1.37%. iv. With real GDP falling by 2.8% in 2009. the predicted rise in the unemployment rate would have been 2.3%.y.A1% increase in the gross domestic product will result in a 2.5% fall in unemployment in the country. 0 A. Unlyy O E. ii and y 0 C. i. iiF iii, and iv 0 D.i.iiandy