Axis Home X Th MAE203 - The Global Economy (1 X Monetary Policy and Aggregate [ x | Types of Unemployment x *Homework Help - Q&A from Onl x + -> C A moodle.deakincollege.edu.au/mod/quiz/attempt.php?attempt=264092&cmid=434581&page=1 Q DEAKIN COLLEGE The Global Economy Dashboard / My courses / Units / 202201 / DC 202201 MAE203 / Exam / MAE203 - The Global Economy (Main) EXAM Question 1 The inflation rate in Australia, as measured by the ABS, made a rare decline in the June quarter of 2020, falling by 1.9% for the 3 months to June and by 0.3% over the year to June, 2020. While inflation is much more common in Australia Not yet answered than deflation (negative inflation), its occurrence can have undesirable macroeconomic consequences. Marked out of List and briefly explain using an example, 2 of the negative consequences of deflation. (5 marks) 5.00 Flag question 7 AY B I SX'S Negative Consequence 1: Negative Consequence 2