RBA ‘explainer’ for monetary policy
When looking on the Reserve Bank of Australia’s website for the RBA Chart Pack released on 7 March I found a bonus that I thought I should share with those of you who like me haven’t recently been to the education section on the RBA website (a small font tab in the top right hand corner of the home screen).
The section titled ‘Explainers’ provides some info that is well presented and written in language that Year 12 ATAR Economics students can comprehend. For example, there is one on ‘the transmission of monetary policy’. The diagram is a great summary and the four ‘channels of transmission’ are clearly explained.