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The south african reserve bank (sarb) lifted the repo rate by 25 basis points on Thursday to 7.25%. three MPC members preferred the announced increase,
The south african reserve bank (sarb) lifted the repo rate by 25 basis points on Thursday to 7.25%. three MPC members preferred the announced increase, while two voted for a 50 bps increase. The decision taken above is in line with which of the following economic schools of thought? A. Capitalistic economics. B. Free market economics. C. Marxist economics. D. Keynesian economics
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