ECS2603 - South African Economic Indicators (ECS2603)
Institution
University Of South Africa (Unisa)
THIS DOCUMENT CONTAINS ECS2603 ASSIGNMENT 5 SEMESTER 1 OF 2023 EXPECTED QUESTIONS AND ANSWERS.USING IT CORRECTLY AS A GUIDE WILL HELP YOU SCORE ABOVE 75%
ecs2603 assignment 5 semester 1 of 2023 expected questions and answers
Written for
University of South Africa (Unisa)
ECS2603 - South African Economic Indicators (ECS2603)
All documents for this subject (67)
1
review
By: tiaanmarais • 1 year ago
Was wronggg
Seller
Follow
oscardiura
Reviews received
Content preview
The prime overdraft rate is the rate at which the central bank extend credit to commercial banks..
True
OSCAR THE TUTOR
False oscardiura@gmail.com
Clear my choice 0844708483
for FAC MAC ECS DSC TAX QMI FIN INV BNU STA
tutorials
Question 18
Answer saved
Marked out of 2.00
The repo rate is the rate at which the central bank extend credit to commercial banks.
True
False
Clear my choice
Question 19
Answer saved
Marked out of 2.00
Since a treasury bill is a short term government security the treasury bill rate is part of the bond market.
True
False
Clear my choice
Question 20
Answer saved
Marked out of 6.00
If a 12 month bill with a face value of R99 000 is sold for R94 000 the discount is R 5000 and the discount rate is 5.1 % (one decimal). The yield or
interest earned by the holder of the bill is 5.3 % (one decimal).
◄ Resources for assessment 5
, OSCAR THE TUTOR
oscardiura@gmail.com
0844708483
for FAC MAC ECS DSC TAX QMI FIN INV BNU STA
tutorials
OSCAR THE TUTOR
oscardiura@gmail.com
0844708483
for FAC MAC ECS DSC TAX QMI FIN INV BNU STA
tutorials
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller oscardiura. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $5.66. You're not tied to anything after your purchase.