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The target cash rate is Select one: O The interest rate the economy has at full employment O Consistent with zero interest rates O The

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The target cash rate is Select one: O The interest rate the economy has at full employment O Consistent with zero interest rates O The desired level of the actual cash rate O Consistent with an economic expansionUsually, a central bank is responsible for all of the following except Select one: O Issuing currency in the form of banknotes and coins O Implementing monetary policy O Setting taxation rates Managing the national currency and the exchange rateExpansionary monetary policy means interest rates Select one: O Decrease and contractionary monetary policy means interest rates increase Remain unchanged O Decrease or increase depending on the stage of the business cycle Increase and contractionary monetary policy means interest rates decreaseIf an economy has a recessionary gap then monetary policy should be Select one: O Expansionary O Contractionary O Neither expansionary or contractionary Expansionary or contractionary

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