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cami Question Statement by Philip Lowe, Governor: Monetary Policy Decision Boererate Barendrected in order their own Y the Media Release Statement by Philip Lowe, Governor: Monetary Policy Decision Number2020-06 Date March 2020 At its ming today and decided to the air by 25 to 0.5 percent. The band took this decision to support the economy stresponds to the contrak The cross ouded the term outlook for the global economy and that global growth in the fiesta of 2020 will be lower than repeted. Prior to the cute there were so that the slowdown in the global economy the started in 2018 es coming to an end. It is too carly to tell how persistent the effects of the cornus will be and at what point the global economy will return to an improving path Policy muestaveb wounced in several countries, including China, which will support growon remains low as everywhere and entrates arcade low countries Refer to the above excerpt from the Reserve Bank of Australia (RBA) to answer the following question Based on the material discussed in this unit explain in your own words whether the RBA is trying to eliminate a recessionary or an inflationary gap through its actions, and discuss how this is supposed to help the Australian economy get through the coronavirus pandemic cami Question Statement by Philip Lowe, Governor: Monetary Policy Decision Boererate Barendrected in order their own Y the Media Release Statement by Philip Lowe, Governor: Monetary Policy Decision Number2020-06 Date March 2020 At its ming today and decided to the air by 25 to 0.5 percent. The band took this decision to support the economy stresponds to the contrak The cross ouded the term outlook for the global economy and that global growth in the fiesta of 2020 will be lower than repeted. Prior to the cute there were so that the slowdown in the global economy the started in 2018 es coming to an end. It is too carly to tell how persistent the effects of the cornus will be and at what point the global economy will return to an improving path Policy muestaveb wounced in several countries, including China, which will support growon remains low as everywhere and entrates arcade low countries Refer to the above excerpt from the Reserve Bank of Australia (RBA) to answer the following question Based on the material discussed in this unit explain in your own words whether the RBA is trying to eliminate a recessionary or an inflationary gap through its actions, and discuss how this is supposed to help the Australian economy get through the coronavirus pandemic

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