- If The Reserve Bank Of Australia Rba Did Not Use Any Form Of Monetary Policy Intervention Then The Potential Gdp Rea 1 (20.57 KiB) Viewed 57 times
if the Reserve Bank of Australia (RBA) did not use any form of monetary policy intervention, then the potential GDP, rea
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am
if the Reserve Bank of Australia (RBA) did not use any form of monetary policy intervention, then the potential GDP, rea
if the Reserve Bank of Australia (RBA) did not use any form of monetary policy intervention, then the potential GDP, real GDP, and the price level in the Australian economy in 2015 would be the values given in the table below. However, if the RBA wanted to keep real GDP at its potential level, what action could it take? Year Potential GDP Real GDP Price Level 2015 171 $1.6 trillion *$1.73 trillion O Decrease interest rates. O Lower the reserve requirement ratio. O Sell government securities, O Decrease income taxes. O Buy government securities.