The RBA's Uses Open Market Operations

question 29

Multiple Choice

The RBA's uses open market operations:

• A)once a month, if the cash rate is changed
• B)to increase the cash rate by buying securities from ADIs and other dealers
• C)to decrease the cash rate by selling securities to ADIs and other dealers
• D)daily, to maintain the cash rate at its target.
• E)All of these.

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