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Suppose all of the following shocks occur in an economy: - Due to the CDVID-19 pandemic the Australian government raises unemployment benefits by $100 million.
Suppose all of the following shocks occur in an economy: - Due to the CDVID-19 pandemic the Australian government raises unemployment benefits by $100 million. - A real estate agent sells a house for $900000 that the previous owners had bought 10 years earlier for $360000. The agent earns a commission of $9000. - A computer company buys parts from a local distributor for $4.1 million, assembles the parts. and sells the resulting computers for $10.1 million. - A new Australian airline purchases and imports $140 million worth of aeroplanes from the European company Airbus. - A new European airline purchases $140 million worth of new aeroplanes from the Australian aeroplane producer Qantas. What is the total change in Australian GDP due to these shocks
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