If the Australian Reserve bank raise the Bank Cash rate. What effects will this decision have on the following aspects of the Australian economy? Please explain why for each answer.A.Demand?B.Prices?C.CPI?D.Inflation?E.GDP?F.Home mortgage payments?G.House prices?H.Interest rates on investments?I.Imports?J.Exports?K.Unemployment?L.Supply?M.Government revenue?N.Exchange rate?O.Consumer and business confidence?For question 1 there is 1 Mark for each correct answer and 1 extra for each correct reason.
This question was answered on: May 23, 2022
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