RBA Governor's 'Highs and Lowes'

RBA Governor's 'Highs and Lowes'

Assessment

Interactive Video

Business

University

Hard

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The video discusses the trajectory of inflation in Australia since 2016, highlighting the challenges faced by the Reserve Bank of Australia (RBA) during the COVID-19 pandemic. It covers the RBA's interest rate predictions, the public's reaction to these predictions, and the subsequent measures taken to control inflation. The video concludes with the transition of leadership to Michelle Bullock, the first woman to lead Australia's central bank.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the inflation rate in Australia when the individual got the job in 2016?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What significant event caused inflation to dip below 0?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What did the individual say about the conditions for an increase in the cash rate?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the response of the RBA to the inflation running red hot by May 2022?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

Who is the incoming governor responsible for defeating inflation after the individual?

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