"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." When the Reserve Bank changes the repo rate, it fulfilling which area of responsibility? A. Provision of economic services B. Provision of statistical services C. Service to government D. Maintain financial stability

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&#34;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 50bps increase.&#34; When the Reserve Bank changes the repo rate, it fulfilling which area of responsibility? A. Provision of economic services B. Provision of statistical services C. Service to government D. Maintain financial stability solutionspile.com

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