How does a central bank stimulate the economy

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a. What are the primary functions that the Reserve Bank of Australia performs in the Australian financial system?

b. When the economy is in downturn, how does a central bank stimulate the economy using monetary policies?

c. Discuss the regulatory evolution on Australian financial sectors in 1970s to 1990s and the current financial regulatory framework (bodies) in Australia.

Reference no: EM133056844

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