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Where Australia currently sits on the business cycle. Use the current data from December 2021 to 2023 using these economic indicators GDP, retail turnover, unemployment,
Where Australia currently sits on the business cycle. Use the current data from December 2021 to 2023 using these economic indicators GDP, retail turnover, unemployment, inflation and net trade value to explain whether Australia is at contractionary phase or expansionary? Draw with an Aggregate demand and supply curv.
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