Discuss and critically analyse the current state of affairs (as described in the article below), and the effectiveness of fiscal and monetary policies since September 2020; and how they influenced Australia's economic growth

For fiscal policy, discuss the effectiveness of the stimulus package since September 2020 and the budget statement 2021; and how these policies relate to economic growth.

For monetary policy, discuss the effectiveness of RBA's monetary policy since September 2020.

illustrate your analysis with aggregate demand-aggregate supply models (AD-AS models). Other appropriate models may be used but not essential.