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Q) According to Treasury Real GDP is forecast to grow at 4per cent in 202122. ...As pandemicrelated support continues to taper, private sector activity is
Q) According to Treasury "Real GDP is forecast to grow at 4per cent in 202122. ...As pandemicrelated support continues to taper, private sector activity is expected to become the main driver of growth. Real GDP growth is forecast to grow by 3percent in 202223 and 2percent in 202324"
- Create a table for the four financial years discussed and the Treasury's predictions for real GDP Growth; inflation, unemployment, and the NAIRU.
Note: not every cell in this table will be filled.
Year /assumptions | Real GDP Growth | Inflation | Unemployment | NAIRU |
2021/22 | ||||
2022/23 | ||||
2023/24 | ||||
2024/25 |
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