During a recession, the RBA will implement a monetary policy. With the use of an appropriate drawing of money demand and

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During a recession, the RBA will implement a monetary
policy. With the use of an appropriate drawing of money demand
and money supply diagram, explain the open market operation process
that RBA will undertake in implementing such policy.
Further, explain how this policy will likely have an impact on
Qantas’ financing cost. Also explain how the policy will likely
impact household consumption, business investment, the aggregate
demand, the GDP and the inflation rate in the economy overall.
As a result of the policy, how do you think the growth rate of
the labor cost of Qantas will then be affected?