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]

3.5 Indicate the impact of the RBA’s chosen type of monetary policy on the Aggregate Demand (AD) curve in the graph and explain briefly the likely short-run effect of the RBA’s chosen type of monetary policy on three components of AD. (1 mark)

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