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What do you understand by the term Movement along the Aggregate demand curve. (3 marks) ANSWER a): Use four (4) lagging indicators to explain the

  1. What do you understand by the term "Movement along the Aggregate demand curve". (3 marks)

ANSWER a):

  1. Use four (4) lagging indicators to explain the effects of COVID 19 on the Australia economy. (4 marks)

ANSWER b):

Question 6 (7 Marks)

  1. Examine 2 monetary policy approaches that the Reserve Bank of Australia can adopt in order to influence economic activity in the country. (1 mark)

ANSWER a):

  1. Explain the delays associated with implementing countercyclical monetarty policy. (6 marks)

ANSWER b):

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