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Can someone help me understand the full scope of these questions with in depth answer please QUESTION 1a) Why is the financial system of a

Can someone help me understand the full scope of these questions with in depth answer please

QUESTION 1a)

Why is the financial system of a country important for long-run economic growth? How does the Reserve Bank of Australia control liquidity in the overnight money market?

QUESTION 1b)

How does a decrease in interest rates affect aggregate demand? Discuss how each component of aggregate demand is affected with appropriate graph/s.

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