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How effective was the rba plan of reducing

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How EFFECTIVE was the RBA plan of reducing the cash rate to 0.25%, in order to help recovering Australian economy from COVID-19? Give EVIDENCE and DATA, consisting the evidence of how it has impacted the Economic growth, Inflation rate, GDP growth and unemployment rate. Analyse these data and EXPLAIN how is this an effective approach and if not what would be a better approach? Note: information is available in the monthly minutes of RBA:

https://www.rba.gov.au/monetary-policy/rba-board-minutes/2020/

Reference no: EM132661471

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