What to Expect From the RBA Policy Decison

What to Expect From the RBA Policy Decison

Assessment

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Business

University

Hard

5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current cash rate that the RBA is expected to maintain?

2.5%

2%

1.5%

1%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which factor is NOT mentioned as supporting the Aussie dollar's strength?

Weakness in the US dollar

Rate differentials

High inflation in Australia

Supportive commodity prices

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has been the approximate percentage increase in the Aussie dollar since the RBA board last met?

3%

5%

10%

15%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which commodity is mentioned as having a significant price increase recently?

Natural gas

Oil

Gold

Iron ore

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one condition mentioned for the Aussie dollar to decrease?

Rise in commodity prices

Fed's delay in normalization

Increase in global inflation

RBA's clear communication on holding rates