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Give an Example of a Monetary Policy Target

Question 16

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Give an example of a monetary policy target. Explain which monetary policy target the Reserve Bank of Australia (RBA)uses and why the RBA uses a policy target.
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Give an example of a monetary policy target. Explain which monetary policy target the Reserve Bank of Australia (RBA)uses and why the RBA uses a policy target.
_____________________________________________________________________________________________
_____________________________________________________________________________________________

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One possible target is the interest rate...

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