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If the Reserve Bank of New Zealand (RBNZ) decreases the official cash rate (OCR), which of the following best describes what happens next, ceteris paribus

If the Reserve Bank of New Zealand (RBNZ) decreases the official cash rate (OCR), which of the following best describes what happens next, ceteris paribus?

(a) Trading banks hold smaller settlement cash balances, money supply increases, and the market interest rate rises.

(b) Trading banks hold larger settlement cash balances, money supply increases, and the market interest rate falls.

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