Question: https://www.rba.gov.au/publications/smp/2021/nov/ Reading is in the link ^ Section 4: Inflation This question is based on your reading 'Statement on Monetary Policy'. At the time of

https://www.rba.gov.au/publications/smp/2021/nov/

Reading is in the link ^

Section 4: Inflation

This question is based on your reading 'Statement on Monetary Policy'. At the time of writing, Australia's headline inflation for the year was

above the RBA's inflation rate target range

at the upper end of the RBA's inflation rate target range

at the lower end of the RBA's inflation target range

below the RBA's inflation target range

This question is based on your reading 'Statement on Monetary Policy'. September quarter inflation was accounted for mainly by rises in the costs of

iron ore and coal

wages

automotive fuel and new dwellings

rent

This question is based on your reading 'Statement on Monetary Policy'. New dwelling inflation can be accounted for by

rising demand for building materials with falling supply levels

rising demand for building materials with rising supply levels

falling demand for building materials with falling supply levels

falling demand for building materials with rising supply levels

This question is based on your reading 'Statement on Monetary Policy'. The following CPI categories experienced price declines in the September quarter, except for

meat

fruit and vegetables

clothing and footwear

All of the listed items experienced price falls

This question is based on your reading 'Statement on Monetary Policy'. At the time of writing, there was general agreement that inflation would average about ______ over the next 5 to 10 years.

1.5%

2.5%

3%

3.5%

This question is based on your reading 'Statement on Monetary Policy'. Public sector wage price growth during 2021

was at average levels generally recorded for the current century

was above average levels generally recorded for the current century

was at the lowest levels experienced in the current century

was at the highest levels experienced in the current century

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