Question: The AUD is a floating exchange rate. Therefore: The central bank of Australia only rarely intervenes in the spot market for AUD and does not


The AUD is a floating exchange rate. Therefore: The central bank of Australia only rarely intervenes in the spot market for AUD and does not actively try to influence its value. The central bank of Australia often intervenes in the spot market for AUD to keep its value low and help improve the competitiveness of Australian exports. None of the other answers. O The central bank of Australia often intervenes in the spot market for AUD to ensure its value relative to other currencies is aligned with their policy goals. The central bank of Australia is prohibited from intervening in the spot market for AUD. In the USA, since the global financial crisis: The rate of return on capital has far exceeded the growth rate in median labour income. The rate of return on capital has been about the same as the growth rate in median labour income and both rates have been higher than in the pre-crisis period The rate of return on capital has been substantially lower than the growth rate in median labour income. O The rate of return on capital has been about the same as the growth rate in median labour income and both rates have been lower than in the pre-crisis period None of the other answers
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