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Question 2: Monetary Policy (10 marks) Identify three measures used by the Reserve Bank of Australia (RBA) to support jobs, income and businesses in response
Question 2: Monetary Policy (10 marks)
Identify three measures used by the Reserve Bank of Australia (RBA) to support jobs, income and businesses in response to the economic effects of COVID-19 pandemic and complete the following table:
Measure | Type (i.e., conventional or unconventional) | How does it work? | Expected effect in economic activity (e.g., spending, borrowing and investing)?
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(300 words)
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