Question
Visit the ABS website to collect information on GDP, CPI and Unemployment statistics for March quarter of 2022 and December Quarter of 2021, and utilize
Visit theABS websiteto collect information on GDP, CPI and Unemployment statistics for March quarter of 2022 and December Quarter of 2021, and utilize the information to complete the following tasks:You will do so by comparing the three main macro-economic indicators - GDP growth, inflation and unemployment by March quarter 2022 and then December 2021, then you will illustrate and explain the changes using the AD-AS model.Provide references in your slides that support your work and submit your video for marking.Data for the key economic indicators can be found at:https://www.abs.gov.au/statistics/economy/key-indicators.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started