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The Reserve Bank Monetary Policy Objective Is

Question 6

Multiple Choice

The Reserve Bank monetary policy objective is


A) to keep unemployment below the natural unemployment rate.
B) to maintain a zero per cent consumer price inflation rate.
C) to keep frictional unemployment at zero per cent over the business cycle.
D) to keep consumer price inflation between 2 and 3 per cent over the business cycle.
E) to maintain a zero per cent inflation rate.

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