Task: Market participants: financial institutions, fund managers, corporations, and individual investors must understand the impact of monetary policy on exchange rates and financial assets. Students will obtain data on the following five variables from 2010-2021: (1) the Australian cash rate (2) the US Federal Reserve's funds rate (3) the exchange rate (USD/AUD) (4) total financial assets held by Australian Money Market Corporations (5) total overseas (foreign) financial assets held by Australian Money Market Corporations e. Given the insights gained from ad and the desire of Money Market Corporations to maintain adequate liquidity, briefly evaluate the proposition that the RBA should raise its target inflation rate above 23% and, accordingly, keep the target cash rate stable. Students are expected to read widely for this project. Some recommended sources of data are: - rba.gov.au - imforg. Submission requirements details: In addition to illustrating the discussion with tables and graphs, students need to support their analysis with a minimum of six (6) suitable, current and academically accepted sources -check with your tutor if unsure of your sources. Students seeking Credit or higher grades should support their analysis with increased number of reference sources consistent with the grade they are seeking