Practice Test
Monetary Economics and South African Banking Systems Assessment
Organized practice test covering selected topics
September 2, 2026
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8 questions 3 sections 45 min
1Multiple Choice
Click an option to answerGiven the following data for an economy: Cash in circulation = €500 million, Demand deposits = €1,500 million, Short-term deposits = €2,000 million, and Long-term deposits = €3,000 million. Calculate the value of M2.
2Multiple Choice
Click an option to answerIf the speculative demand for money is modeled as $L_s = 1000 - 5000i$, where $i$ is the interest rate, determine the interest rate at which the speculative demand for money becomes zero.
3Multiple Choice
Click an option to answerWhich of the following scenarios best describes the SARB's role in the National Payment System?
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