AaronJo31081 AaronJo31081

03-04-2024
Business

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The banking system in Nauru has ample reserves. Identify a specific monetary policy action that the central bank of Nauru would take to bring the inflation rate closer to the expected rate.

a) Increase the reserve requirement
b) Decrease the reserve requirement
c) Increase the discount rate
d) Decrease the discount rate

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