-In the above figure, suppose the economy is at point B. Which of the following policy options for the Reserve Bank of Australia will move the economy towards its LAS?
A) Decrease taxes
B) Lower the cash rate
C) Decrease the government's budget deficit
D) Raise the cash rate
Correct Answer:
Verified
Q21: By law, the objectives of the Reserve
Q22: If the Reserve Bank of Australia wished
Q23: If the Reserve Bank of Australia wants
Q24: Open market operations by the Reserve Bank
Q25: Long- term interest rates are _ than
Q27: When the Reserve Bank of Australia raises
Q28: What is the cash rate?
A)The interest rate
Q29: If the Reserve Bank of Australia wants
Q30: If the Reserve Bank of Australia increases
Q31: 
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