Which of the following is the main goal of monetary policy in Australia?
A)lowering the rate of unemployment
B)increasing the value of the Australian dollar relative to other currencies
C)economic growth
D)price stability

Question

Quizplus · Accepted Answer

The main goal of monetary policy in Australia is to maintain price stability, which is achieved through managing interest rates and the money supply. This helps to keep inflation low and stable, which in turn supports sustainable economic growth and employment. While unemployment and currency value are important considerations, they are secondary objectives to price stability in Australia's monetary policy framework.

Which of the Following Is the Main Goal of Monetary