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Which of the Following Describes What the Reserve Bank of Australia

Question 70

Multiple Choice

Which of the following describes what the Reserve Bank of Australia would do to pursue an expansionary monetary policy?


A) Use open market operations to buy bonds and securities.
B) Use open market operations to sell bonds and securities.
C) Use open market operations to increase the overnight cash rate.
D) Increase interest rates on mortgages and corporate loans.

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