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Question 7 2 pts The Reserve Bank of Australia uses a corridor system to implement conventional monetary policy. Which of the following are FALSE? O
Question 7 2 pts The Reserve Bank of Australia uses a corridor system to implement conventional monetary policy. Which of the following are FALSE? O A ceiling 25 basis points above the target cash rate to encourage banks to lend at lower rates The actual cash rate will always remain within the corridor without open market operations by the RBA. A floor 10 basis points below the target cash rate to encourage banks to borrow at higher rates All of the above
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