Question
What are the determinants of long rung economic growth? Is the expansionary monetary policy response package by RBA, during COVID-19 pandemic sustainable to meet monetary
What are the determinants of long rung economic growth? Is the expansionary monetary policy response package by RBA, during COVID-19 pandemic sustainable to meet monetary policy goals, macroeconomic objectives and long run economic growth? Or complementary fiscal policy is also required fro economic recovery YES/NO, justify your answer with reasons use SEVERAL REFERENCES. NOTE: Use GDP, inflation, unemployment, fiscal deficit, and housing market data, which can be obtained from theAustralian Bureau of Statistic and RBA websites for the last 2 years trends, when answering the question.
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