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Question 4 3 pts Questions 1-5 relate to News Media 1. Link: https://www.youtube.com/watch?v=vW5dg221FBI The video suggests that the government should extend the Jobkeeper initiative to

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Question 4 3 pts Questions 1-5 relate to News Media 1. Link: https://www.youtube.com/watch?v=vW5dg221FBI The video suggests that the government should extend the Jobkeeper initiative to the [ Select ] V sector. If it isn't extended to this industry then it is estimated that an additional [ Select ] jobs would be lost. However, it would cost up to [ Select ] V to save this industry.\fQuestion 6 8 pts Questions 6-11 relate to News Media 2. Read the article "Aussie Wedged Between QE and Commodities: Currencies" by Luke Housego (Link: https://www-proquest- com.ezproxy.lib.uts.edu.au/docview/2474693476/69A91AE02CEA4231PQ/1? accountid=17095 2 or https://bit.ly/2ROgYD1= ) and answer the questions. According to the article, "Market economists expect the Australian dollar to remain wedged between the duelling forces of upward pressure from Australia's commodity exports and downward pressure from the Reserve Bank's $100 billion quantitative easing (QE) program." This means as the demand for Australia's commodity exports increase, the [ Select ] for the Australian dollar would [ Select ] and the Australian dollar to [ Select ] Quantitative easing involves the Reserve Bank [ Select ] the money [ Select ] . It will cause a [ Select ] this curve. This would cause the Australian dollar to [ Select ] With these two factors combined, the final effect on the Australian dollar would be SelectQuestion 7 1 pts Questions 6-11 relate to News Media 2. Read the article "Aussie Wedged Between QE and Commodities: Currencies" by Luke Housego (Link: https://www-proquest- com.ezproxy.lib.uts.edu.au/docview/2474693476/69A91AE02CEA4231PQ/1? accountid=17095 2 or https://bit.ly/2ROgYD1) and answer the questions. According to the article, Australia's most popular export is: O Aluminium O Copper O Oil O Iron oreQuestion 8 3 pts Questions 6-11 relate to News Media 2. Read the article "Aussie Wedged Between QE and Commodities: Currencies" by Luke Housego (Link: https://www-proquest- com.ezproxy.lib.uts.edu.au/docview/2474693476/69A91AE02CEA4231PQ/1? accountid=17095 2 or https://bit.ly/2ROgYD1) and answer the questions. According to the article, "ongoing QE [quantitative easing] from central banks in the US, Europe and Asia weigh... on the value of their respective currencies, and lift... the Australian dollar in turn." This means that there is [Select ] in the [ Select ] of foreign currencies, causing [ Select ] V relative to other currencies like the Australian dollar.Question 10 1 pts Questions 6-11 relate to News Media 2. Read the article "Aussie Wedged Between QE and Commodities: Currencies" by Luke Housego (Link: https://www-proquest- com.ezproxy.lib.uts.edu.au/docview/2474693476/69A91AE02CEA4231PQ/1? accountid=17095 2 or https://bit.ly/2ROgYD1) and answer the questions. According to the article, the Australian dollar is: O Positively related to the global economy O Negatively related to the global economy O Unrelated to the global economy O Independant of the global economyQuestion 11 / pts Questions 6-11 relate to News Media 2. Read the article "Aussie Wedged Between QE and Commodities: Currencies" by Luke Housego (Link: https:/www-proquest- com.ezproxy.lib.uts.edu.au/docview/2474693476/69A91AE02CEA4231PQ/1? accountid=17095 2 or https://bit.ly/2ROgYD1) and answer the questions. According to the article, "MLC Asset Management economist Bob Cunneen said that given the Reserve Bank's forward guidance that interest rates won't rise above 0.1 per cent for the next three years or so, it has exhausted the conventional interest rate response to currency pressure." In this case, the conventional interest rate response to currency pressure would be to [ Select ] interest rates, which would make the relative return on Australian investments [Select ] foreign investments. This would cause Australian capital inflows to [ Select ] and Australian capital outflows to [ Select ] .Hence the demand for the AUD would [ Select ] and the supply for the AUD would [ Select ] and ultimately the AUD to [ Select ]In this case, the conventional interest rate response to currency pressure would be to [ Select ] V interest rates, which would make the relative return on [ Select ] raise V foreign investments. This would lower maintain current cause Australian capital inflows to [ Select ] V and Australian capitalutflows to [ Select ] V . Hence the demand for the AUD would [ Select ] [ Select ] increase ply for the AUD would decrease remain unchanged [ Select ] and ultimately the AUD to [ Select ] VLJ l 59'9\"] V and the supply for the AUD would [Select] shift to the right shift to the left remain unchanged [ Select ] V and ultimately the AUD to [ Select ] V [ Select ] appreciate depreciate remain unchangedQuestion 12 1 pts Questions 12-17 relate to News Media 3. Read the article "Why the RBA Plans to Keep Rates Low for Years" by John Kehoe (Link: https://www-proquest- com.ezproxy.lib.uts.edu.au/docview/2497690100/92F7D13A4A1C4F10PQ/1? accountid=17095 or https://bit.ly/2ROgYD1= ) and answer the questions. According to the article, the inflation is impacted by: O Inflationary expectations O Wages growth O An increase in oil prices O All of the options

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