Monetary Policy

3. Name given to the channels through which monetary policy impacts the macro-economy (12,10)
7. When the cash rate is below 3%, it's stance is considered to be...
9. The third goal of monetary policy as set out by the RBAs charter (8,10)
11. Name of the main tool that monetary policy mainly works with (4,4)
12. The channel associated with changing levels of household disposable income (4,4)

1. When the cash rate is above 3.5%, it's stance is considered to be...
2. The channel associated with changing the willingness of households to take on debt (4,2,4)
4. The channel associated with changing levels of economic activity due to indirect changes to the value of the $AUD (8,4)
5. Term used to describe the supply of money in the money market
6. The channel associated with changing levels of economic activity due to the changing values of assets (5,6)
8. The number one goal of monetary policy according to its charter (5,9)
10. A description of monetary policy that aims to reduce economic activity and AD