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Explain the intended effect of the Australian Reserve Bank's monetary policy and illustrate your explanation with an appropriate graphical analysis (use aggregate demand and supply

Explain the intended effect of the Australian Reserve Bank's monetary policy and illustrate your explanation with an appropriate graphical analysis (use aggregate demand and supply (AD/AS) model). What kind of monetary policy did the RBA implement given the economic state of inflation? Discuss the policy's theoretical foundations and the primary goals it seeks to accomplish.

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