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Following the COVID-19 outbreak, the Australian share market slumped in March 2020 to its worst session since the global financial crisis, wiping more than $137
Following the COVID-19 outbreak, the Australian share market slumped in March 2020 to its worst session since the global financial crisis, wiping more than $137 billion dollars. Would a decline in share prices be of concern to businesses or consumers? What were the consequences of this for economy? Explain using an Aggregate Supply/ Aggregate Demand graph. (5 marks)
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