monetary policy

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1.Explain what is meant by a monetary policy instrument. Give some examples of possible instruments for monetary policy. What instrument is currently used by the RBA(reserve bank of Australia)  in implementing monetary policy? Explain how monetary policy will affect aggregate expenditure?  

有哪些instrument啊？

2.Suppose the primary objective of the RBA has not been met. Explain how monetary policy is implemented in order to meet this target.

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关键词：Monetary Policy ETA Mon TAR instrument reserve policy