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1.Private investment records the strongest growth of 3.9% in the Sep-Dec quarter 2020 since 2017 supported by government initiatives and improvements in pandemic condition.Briefly discuss
1.Private investment records the strongest growth of 3.9% in the Sep-Dec quarter 2020 since 2017 supported by government initiatives and improvements in pandemic condition.Briefly discuss the trend of investment (gross fixed formation) and explain how investment growth contributes significantly to the gross domestic product (GDP) of a country (Australia) using the Keynesian Cross model.(5 marks)
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