As the sole issuer of Australian money, the Reserve Bank of Australia can set any one of three variables:
A) the monetary base, the exchange rate and the short- term interest rate.
B) the inflation rate, the unemployment rate and the real economic growth rate.
C) the exchange rate, the interest rate and the inflation rate.
D) the rate of inflation, the interest rate and the unemployment rate.
Correct Answer:
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Q1: The monetary policy instrument the Reserve Bank
Q2: The Reserve Bank fights inflation via open
Q4: In an AS/AD figure, lowering the cash
Q5: The key aim of monetary policy is
Q6: The Reserve Bank's open market operations directly
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