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The Reserve Bank of Australia: Select one: A. Implements monetary policy B. Implements fiscal policy C. Is lender of last resort to large troubled companies in Australia D. All of the above

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Answer is A. Implements monetary policy

Reserve Bank of Australia or Central Bank of any country is responsible to maintain the monetary policy of the country. This implies it manages the policy rate and hence inflation rate. Fiscal policy is maintained by the government of that country which includes investments, taxation, etc.

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