Research essay based on research data and related knowledge and skills from Areas of Study 1 and 2, but primarily related to Area of Study 2: Macroeconomic Policies. You will complete a research essay by addressing the following essay prompt: "The RBA will need to increase rates and allow the inflation rate to come back within range". Evaluate this statement by referring to Australia's recent monetary policy and the impact of this policy on achieving the three macroeconomic goals. CONDITIONS OF THE TASK Submission will be two weeks from the release of the essay prompt and media extract. Your essay will be submitted Turnitin by 6pm, 17th April 2023 WHAT MATERIALS CAN YOU USE FOR THE ESSAY? 1. Three Media Extracts (such as a newspaper article that provides qualitative information about the economy) can be used for this essay: One media extract is provided on page 5-6 of this document. Two media extracts of your choice 2. A one-page essay plan on Google drive. You must use the template provided to help you write the plan. a. The plan must be in point form and you must not have more than 80 words written on your plan. b. The plan should include links to two media extracts of your choice. This is not included in your 80 words. c. The plan should include the links to quantitative (number) data collected by you, or collected in collaboration with a group. This may include GDP growth rates, unemployment rates, inflation rates, cash rates and budget data. This is not included in your 80 words