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A. Discuss the trends in the inflation rate and the interest rates in Australia over the last year and the impact these changes have had

A. Discuss the trends in the inflation rate and the interest rates in Australia over the last year and the impact these changes have had on the value of Australian dollar so far. (5 marks) B. 'An increase in the rate of growth in a country's national income relative to that in the rest of the world will result in a depreciation of that currency.' Explain how this forecast can be true. Can the result also be an appreciation of the currency? Discuss. (10 marks

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