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Question 6 (11 marks) (Note this question is from the Week 11 Tutorial) There are four (4) main transmission channels that can be used as

Question 6 (11 marks) (Note this question is from the Week 11 Tutorial) There are four (4) main transmission channels that can be used as monetary policy to target the official interest rate. Identify each of the four (4) transmission channels and explain, within the context of monetary policy, the impact each channel has on economic activity. (11 marks. Word limit Maximum 500 words)

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