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Original Question
When the government of South Africa sells its assets to the public, it is: privatising Domestically borrowing. creating money B...Question
When the government of South Africa sells its assets to the public, it is:
privatising
Domestically borrowing.
creating money
Borrowing from the state’s foreign reserves.
privatising
Domestically borrowing.
creating money
Borrowing from the state’s foreign reserves.
Answers
GPT-4o mini
When the government of South Africa sells its assets to the public, it is **privatising**. Privatisation refers to the process of transferring ownership of a public sector enterprise or public asset to private individuals or organizations.