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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:

Reactions

The processes or actions that are a direct result of something else, typically involving a change or response.

Honor-Based

Pertaining to cultural systems where honor is a central value, affecting social status and family or community interactions.

Sociocultural Factors

Aspects of society and culture that influence an individual's behaviors, beliefs, and attitudes.

Growing Resources

The increase in availability or development of materials, assets, or capabilities that can be utilized to achieve specific goals or address needs.

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