principles of Economics

& Click Submit to complete this assessment. estion 15 Question 15 of 15 Question 5 10 points a. What is supply side policy? What are three major sources of long run economic growth? (3 marks) b. What are the major determinants of the Australian dollar exchange rate? Who are the major participants in the exchange rate market? (2 marks) c. Explain how the current account balance is likely to vary with the course of the business cycle. (2 marks) d. What would be the likely effects on the Australian economy caused by current decline in the global economic activities due to Corona virus pandemic? Briefly explain how an increase in the cash rate affects the value of the Australian dollar, (3 marks) For the toolbar, press ALT.F10 (PC) or ALT+FN+F10 (Mac). B IV S Paragraph Arial 14px