Which of the following is a policy tool of the Reserve Bank?
i.Setting the excess reserve ratios
ii.Conducting open market operations
iii.Setting the cash rate
A) ii only
B) iii only
C) ii and iii
D) i and ii
E) i only
Correct Answer:
Verified
Q42: The currency drain reduces the amount of
A)
Q46: Open market operations are the
A) borrowing of
Q49: When the Reserve Bank engages in open
Q50: Suppose the Reserve Bank buys $50 million
Q58: The greater the currency drain ratio,
A) the
Q90: The cash rate is
A)the interest rate on
Q92: When the Reserve Bank buys $10 million
Q93: When the Reserve bank buys securities in
Q97: A currency drain is
A)an increase in currency
Q100: The currency drain ratio is
A)the ratio of
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