Australian Economics Assignment Sample
Question 1(a)
Monthly Cash Rate From August 1990 to January 2020
Source: World Bank
The above line graph shows the trend of cash rate in Australia from August 1990 to January 2020. From the graph, it can be seen that the level of cash rate is more in 2020 than the level of cash rate in 1990. There was a steep fall in the cash rate in the period 1992-1994. The Reserve Bank of Australia loosene…
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