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If the Reserve Bank of Australia lowers its target for the cash rate, this indicates that it is A.pursuing a contractionary monetary policy. B.concerned that

If the Reserve Bank of Australia lowers its target for the cash rate, this indicates that it is

A.pursuing a contractionary monetary policy.

B.concerned that the growth in aggregate demand will exceed potential GDP.

C.attempting to combat inflation.

D.pursuing an expansionary monetary policy.

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