RBA Leaves Cash Rate Target Unchanged at 1.5 Percent
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Business
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary concern for the RBA regarding low interest rates?
Decreasing exports
Rising unemployment
Impact on housing market
Increasing inflation
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How has the rate differential between the US and Australia changed recently?
It has increased significantly
It has remained stable
It has shrunk to its tightest in 15 years
It has disappeared completely
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What effect does a weaker Australian dollar have on the economy?
It increases inflation
It benefits exports
It decreases foreign investment
It harms exports
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What potential change is President Trump considering for Wall Street banks?
Merging investment and commercial banking
Breaking up large banks
Increasing interest rates
Reducing corporate taxes
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one reason for separating investment and commercial banking?
To simplify financial transactions
To prevent speculation with depositor's money
To reduce regulatory oversight
To increase bank profits
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