The NSW Government established a AUD 1 billion grant to help sectors affected by the bushfires to get the support they needed to re establish.

1. Using the Aggregate Demand and Aggregate Supply Model did the bushfire cause economic expansion or economic contraction in NSW. Name at least three sectors that were affected by the bushfires and examine the impact of the bush fires to the economy of NSW.
2. Employ the Aggregate Demand and Aggregate Supply Model to explain the benefits of the Australia government AUD1 billion grant to the economy.
   

65 60 to Level (CPI) DP 55 EI 50 DD. I 145 DD2 5 10 15 20 25 30 367 Real GDP ( AUD Billions per year) ulaque