The Overnight Cash Rate Is Determined

question 3

Multiple Choice

The overnight cash rate is determined:

• A)administratively by the Reserve Bank of Australia.
• B)by the supply of and demand for cash.
• C)directly by household demand for funds.
• D)directly by firm demand for funds.

---

Definitions:

Diabetes

A chronic condition characterized by elevated levels of blood glucose (sugar), arising from issues in insulin production, action, or both.

Hygiene Habits

Practices and routines aimed at maintaining cleanliness and good health, such as washing hands, brushing teeth, and bathing regularly.

Sponge Bath

A method of bathing that involves using a sponge or cloth to wash a person's body who is unable to take a traditional bath or shower.

Skin Maceration

The softening and breaking down of skin resulting from prolonged exposure to moisture, which can increase the risk of infection.