The RBA Believes That by Keeping Inflation Low and Steady

question 10

Multiple Choice

The RBA believes that by keeping inflation low and steady it can assist with:

• A) the achievement of low prices over the medium to long term.
• B) the achievement of slow and steady economic growth over the medium to long term.
• C) the achievement of full unemployment and slow and steady economic growth over the medium to long term.
• D) the achievement of full employment and high economic growth over the medium to long term.

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Definitions:

Wall of Separation

A phrase often used to describe the intended distance between church and state institutions, ensuring religious institutions are free from government interference and vice-versa, primarily associated with the First Amendment of the U.S. Constitution.

Miranda Rights

The legal rights given to individuals in the United States during arrest, including the right to remain silent and the right to an attorney.

Double Jeopardy

A legal principle that prohibits someone from being prosecuted twice for the same offense, ensuring protection against multiple punishments.

Civil Rights Movement

A social movement in the United States during the 1950s and 1960s aimed at ending racial discrimination and securing African Americans' legal rights.