Q.1.1

There has been a decrease in the quantity of exports from South Africa to the United States of America due to various reasons.

Q.1.1.1

Explain, with the use of a graph, the impact this had on the demand and supply of dollars and the exchange rate in South Africa.

Q.1.1.2

Explain which currency appreciated and which currency depreciated.

Q.1.2

Briefly discuss the four major areas of responsibility of the Reserve Bank

Q.1.3

Outline the functions of money.