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Explain expansionary monetary policy to lower interest rates

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Reference no: EM132642629

1. Briefly explain using a graph whether given statement is true or false." Coffee Club cafe face a downward-sloping demand curve while a wheat farmer faces a horizontal demand curve"

2. Briefly explain with a graph whether given statement is true or false. "The Reserve Bank of Australia can use expansionary monetary policy to lower interest rates to stimulate aggregate demand.

Reference no: EM132642629

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