When the RBA Wants to Signal the Public About the Direction

question 50

Multiple Choice

When the RBA wants to signal the public about the direction of monetary policy, it will likely use:

• A) the overnight cash rate.
• B) the T- bill rates.
• C) the discount rate.
• D) the federal funds rate.
• E) the commercial paper rates.

---

Definitions:

Overcoming Obstacles

The process or act of resolving or surpassing barriers or difficulties to achieve a goal.

Transtheoretical Model

A theory of behavior change that evaluates an individual's readiness to act on a new healthier behavior, and provides strategies or processes to guide the individual.

Contemplation Stage

The stage in which people are aware of a problem and are thinking about overcoming it but have not yet made a commitment to take action.

Action Stage

A phase in the Transtheoretical Model of behavioral change where individuals are actively making modifications to their lifestyle or behavior to overcome a problem.