Which of the Following Statements Is NOT True

Multiple Choice

Which of the following statements is NOT true?

A) The purchase of government bonds from the public increases the money supply.
B) Monetary policy in the SA is set by the Monetary Policy Committee of the South African Reserve bank.
C) When the central bank sells government bonds to the public, the money supply decreases.
D) Monetary policy in SA is set by the Minister of Finance in consultation with the South African Reserve Bank