ECON5541 Online Individual Assignment Answer

ECON5541 Online Individual Assignment 2

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How effective would RBA’s emergency cash rate cut be in supporting the Australian economy through the current Covid-19 pandemic crisis?

Write a short essay to answer this question and defend your position within 800 words limit.

Background reading: During Reserve Bank Board’s monetary policy meeting on 18th March 2020, the decision was made to reduce the cash rate to 0.25 percent. The RBA’s meeting minutes can be found from the following link

Marks: 100 marks (to be scaled down to 15% of unit assessment).

Subparts weighted at 90 marks for contents and 10 marks for formatting and references.

Referencing: Please follow APA citation style as per the guidelines at UWA website

Plagiarism: Plagiarism will be heavily penalized. Turnitin will be applied to detect plagiarism.

Word count: Word limit does not apply to the words in the reference list.

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