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q14 Question 4 (5 marks) Comment on the following statement; If the US interest rate were increased, the Australian economy would experience a boom, inflation

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q14

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Question 4 (5 marks) Comment on the following statement; If the US interest rate were increased, the Australian economy would experience a boom, inflation would increase, and the RBA would have to increase the cash rate.\" Use the AS/AD framework with a graph in your

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