Question 6 Not yet answered Marked out of 1.50 p Flag question Which of the following statements about the monetary policy in New Zealand is INCORRECT? Select one a. A decrease in the OCR generally encourages consumption. O b. It seeks to avoid unnecessary instability in output. c. Currency stability is a goal of the monetary policy. d. The OCR is the only monetary tool. e. The Reserve Bank is required to keep inflation between 1 and 3 percent on average over the medium term. Nex Previous page