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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
- 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 effects of COVID 19 on the Australia economy. (4 marks)
ANSWER b):
Question 6 (7 Marks)
- 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):
- Explain the delays associated with implementing countercyclical monetarty policy. (6 marks)
ANSWER b):
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