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Which of the Following Are the Tools Used by the Reserve

question 6

Multiple Choice

Which of the following are the tools used by the Reserve Bank to move the actual cash rate to the target cash rate?
i. Open market operations
ii. The interest rate on exchange settlement balances
iii. Selling foreign reserves


Definitions:

Standard Deviation

A measure of the dispersion or spread of a set of values, calculated as the square root of the variance, indicating how much the values deviate from the mean.

Standard Deviation

An assessment of how much the values in a group differ or spread out.

Variance

A metric indicating how spread out a group of numbers is, determined by the mean of the squared deviations from the average.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how much the values in the dataset deviate from the mean.

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