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At your tutorial in week 12, we will hold a mock RBA board meeting. Each of you will work in a group and decide what you believe should happen to the cash rate (the interest rate the RBA sets) at the...

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At your tutorial in week 12, we will hold a mock RBA board meeting. Each of you will work in a group and decide what you believe should happen to the cash rate (the interest rate the RBA sets) at the next RBA meeting. Your group should decide on a policy recommendation, supporting your recommendations with a summary of the data and economic trends that led to your recommendation. At the mock meeting, your group will present one of the sections below. Your tutor will assign your group to one of the sections. You will need to do a PDF or PowerPoint presentation for your allocated section of not more than 4 slides. Your group’s presentation must be limited to 4-5 minutes, in order to leave time for each group to present and have time for some general discussion afterward. The presentation component is worth 5/15 marks for this assessment task. Your group will also need to prepare a report with answers to ALL parts (including the one your group presents in class). Your report must be no more than three pages in length (excluding graphs, which should be placed at the end and referred to in the text where appropriate, and a reference list). The report is worth 10/15 marks for this assessment task. Your report and presentation slides are due by Friday 27th October 2017 at 11:59pm. Please refer to the document ‘Mock RBA meeting report submission guidelines’ in the Assessments block for more information. As part of this assignment, each student will also need to submit a peer review. Please find more information about this in the document called ‘Peer review’, also in the Assessments block. Note: you must let your tutor know by the deadline of this assessment task if there are any people in your group who are not contributing in any way. No complaints are to be made after this time. If possible, please do your best to inform us about this as early as reasonably possible.
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ECON 110 Session 2 2017 Guidelines for Mock RBA Meeting Brief Summary: At your tutorial in week 12, we will hold a mock RBA board meeting. Each of you will work in a group and decide what you believe should happen to the cash rate (the interest rate the RBA sets) at the next RBA meeting. Your group should decide on a policy recommendation, supporting your recommendations with a summary of the data and economic trends that led to your recommendation. At the mock meeting, your group will present one of the sections below. Your tutor will assign your group to one of the sections. You will need to do a PDF or PowerPoint presentation for your allocated section of not more than 4 slides. Your group’s presentation must be limited to 4-5 minutes, in order to leave time for each group to present and have time for some general discussion afterward. The presentation component is worth 5/15 marks for this assessment task. Your group will also need to prepare a report with answers to ALL parts (including the one your group presents in class). Your report must be no more than three pages in length (excluding graphs, which should be placed at the end and referred to in the text where appropriate, and a reference list). The report is worth 10/15 marks for this assessment task. th Your report and presentation slides are due by Friday 27 October 2017 at 11:59pm. Please refer to the document ‘Mock RBA meeting report submission guidelines’ in the Assessments block for more information. As part of this assignment, each student will also need to submit a peer review. Please find more information about this in the document called ‘Peer review’, also in the Assessments block. Note: you must let your tutor know by the deadline of this assessment task if there are any people in your group who are not contributing in any way. No complaints are to be made after this time. If possible, please do your best to inform us about this as early as reasonably...

Answered Same Day Dec 27, 2021

Solution

David answered on Dec 27 2021
113 Votes
As there is need of economic stimulus Reserve Bank of Australia will follow expansionary
monetary policy. Expansionary monetary policies are aimed at reducing the market interest rate.
Private investment demand and consumption demand are negatively related with interest rates.
When the RBA adopts expansionary monetary policy market rate...
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