The RBA's Responsibility for Financial System Stability Is Carried Out

question 39

Multiple Choice

The RBA's responsibility for financial system stability is carried out in a number of ways.These do NOT include:

• A)influencing the rate of economic activity and inflation through monetary policy
• B)ensuring the payments system is sound
• C)acting as lender of last resort to the banking system
• D)being prepared to bail-out institutions that are 'too-big-to-fail'
• E)regularly reviewing the stability of the domestic and global financial systems.

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Definitions:

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