What is the primary aim of the Reserve Bank of Australia's development and implementation of monetary policy?
A. To achieve an inflation rate of zero
B. To achieve low and stable inflation
C. To be the lender of last resort to failing companies
D. To stabilise the financial system
The policy objective is to keep consumer price inflation between 2 and 3 per cent, on average, thus the answer is:-
B. To achieve low and stable inflation
What is the primary aim of the Reserve Bank of Australia's development and implementation of monetary...
The Reserve Bank of Australia: Select one: A. Implements monetary policy B. Implements fiscal policy C. Is lender of last resort to large troubled companies in Australia D. All of the above
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what are the primary objective of South African reserve bank formulate and implement monetary policies 2. maintain financial stability.3 all of above 4 none of above
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