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if the Reserve Bank of Australia (RBA) did not use any form of monetary policy intervention, then the potential GDP, rea
Posted: Thu May 19, 2022 8:33 am
by answerhappygod
- 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 58 times
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.