Which of the Following Are Policy Instruments Available to the Reserve

question 43

Multiple Choice

Which of the following are policy instruments available to the Reserve Bank as it tries to achieve its macroeconomic goals?
i. Government expenditure on goods and services and taxes.
ii. The government budget deficit or surplus.
iii. Changes in the cash rate.

• A) iii only
• B) ii only
• C) i and ii
• D) i and iii
• E) ii and iii

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Definitions:

Fewer Layers

A term describing an organizational structure with reduced levels of middle management for faster decision-making.

Rapidly Changing Consumer Demands

The swift alteration in consumers’ preferences and needs that businesses must adapt to in order to stay competitive.

Storytelling

The act of telling or writing narratives or stories, often used as a powerful means of communication, teaching, and entertainment.

Organizational Socialization

The process by which a new employee learns the organizational values, norms, and required behavior patterns.