According to Taylor (2024), "the Reserve Bank has raised interest rates 13 times, in an effort to slow demand in the economy". To do so, the RBA would need to conduct open market operations. This would entail [ Select] ["increasing money supply", "decreasing money supply", "increasing money demand", "decreasing money demand”] by [Select] ["buying government bonds", "selling government bonds", "none of the options”]. As a result, the opportunity cost of holding money [ Select] ["increases", "decreases", "remains unchanged"]. This would cause household consumption to [ Select] ["increase", "decrease", "remain unchanged"]. The cost of borrowing would be [Select] ["increase", "decrease", "remain unchanged"]. This would cause private investment to [Select] ["increase", "decrease", "remain unchanged"]. Supposing that rates would be higher in Australia relative to the world, this would cause capital inflows into Australia to [Select] ["increase", "decrease", "remain unchanged”] and capital outflows from Australia to [ Select ] ["increase", "decrease", "remain unchanged"]. Ultimately, the AUD would [Select ] ["appreciate", "depreciate", "remain unchanged", "there is not enough information to tell"] . This leads net exports to [ Select] ["increase", "decrease", "remain unchanged”]. The final result on the AD-AS model would be [ Select ] ["aggregate demand shifts to the right", "aggregate demand shifts to the left", "aggregate supply shifts to the right", "aggregate supply shifts to the left", "none of the options"], with inflation [Select ]["increasing", "decreasing", "remaining unchanged"], GDP [ Select ] ["increasing", "decreasing", "remaining unchanged"] and unemployment [ Select ] ["increasing", "decreasing", "remaining unchanged"].