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10 cards from this deck
Funds with immediate access, no advance notice needed
30 days or less
Highest interest rates (compensation for reduced access)
Banks expand deposits through lending activities
2.5%
M=C+DM = C + DM=C+D (cash + demand deposits)
Rate at which commercial banks borrow from SARB
Lowest rate banks lend to most creditworthy customers
Small loans to those without access to traditional banks
2008; protects borrowers from excessive interest rates
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