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Which of the following statements is NOT correct? Currently the RBA _________________. A. conducts a program of large purchase of government bonds in the secondary
Which of the following statements is NOT correct?
Currently the RBA _________________.
A. | conducts a program of large purchase of government bonds in the secondary market | |
B. | hits the current cash rate target | |
C. | does not control closely the supply of ESF | |
D. | intends to stimulate the economy | |
E. | does not pay interest on reserves held by banks |
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