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Choose the correct statement describing Australia's macroeconomics. Inflation has climbed by and average of 0.3% per year for the past ten years. Unemployment has climbed
Choose the correct statement describing Australia's macroeconomics. Inflation has climbed by and average of 0.3% per year for the past ten years. Unemployment has climbed in parallel with the economic growth rate of 5.7%. The exchange rate has hovered around A$0.94 to US $1. Cash rates have been around 2.75%
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Modern Principles of Economics
Authors: Tyler Cowen, Alex Tabarrok
3rd edition
1429278390, 978-1429278416, 1429278412, 978-1429278393
