Go to the website of the Reserve Bank of Australia and find details of the way the

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Go to the website of the Reserve Bank of Australia and find details of the way the RBA implements monetary policy. See www.rba.gov.au/monetarypolicy/

about.html , for example, and answer the following questions:

What are the tools used by the RBA to implement monetary policy?

How does a decrease in the target cash rate affect credit availability and money supply?

Which of the monetary tools available to the RBA is used most often? Why? LO 1.3 , 1.4

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Financial Institutions Management A Risk Management

ISBN: 9781743073551

4th Edition

Authors: Helen Lange, Anthony Saunders, Marcia Millon Cornett

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