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3. Collect and plot data for the past 20 years on the following variables characterising the Australian economy: GDP growth rates, Inflation and Unemployment. You

3. Collect and plot data for the past 20 years on the following variables characterising the Australian economy: GDP growth rates, Inflation and Unemployment. You need to collect and graph your data using Excel or similar software. Reserve Bank of Australia's website www.rba.gov.au is a good place for collecting these data series. (4 marks)

4. Discuss how the current crisis will affect each of the three variables you presented in Question 3. Describe the economic policies implemented by the Australian government to mitigate the consequences of the pandemic. (6 marks)

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