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The Reserve Bank of Australia (RBA) is required to conduct monetary policy in a way that will best contribute to three objectives set out in

The Reserve Bank of Australia (RBA) is required to conduct monetary policy in a way that will best contribute to three objectives set out in the Reserve Bank Act 1959. What are those objectives? [6 marks] How well has the RBA performed against those objectives over recent times, and what economic forces might be behind the RBA's success or otherwise in meeting the objectives? [14 marks]

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