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Which of the Following Statements Are Correct

Question 2

Multiple Choice

Which of the following statements are correct?
i. The Reserve Bank has responsibility for the conduct of monetary policy.
ii. The Commonwealth government determines monetary policy.
iii. The Reserve Bank Act requires regular consultation on monetary policy between the governor and the treasurer.


A) i only
B) ii only
C) i and iii
D) i and ii
E) iii only

Correct Answer:

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