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MAE203 Global Economy - Individual Assignment

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MAE203 Global Economy - Individual Assignment

Question 3. (Total = 6 Marks)
[One mark each for Questions 3.1, 3.2, 3.3, 3.4, 3.5 and 3.6]

Economics

3.4 Then explain briefly the short-run effect of the RBA’s chosen type of monetary policy on output (real GDP), the price level and the unemployment rate. (1 mark)

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