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High inflation and lower unemployment

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Question 1. Australian economy like many other economies in the world has faced many macro-economic changes recently such as high inflation and lower unemployment. What are the reasons for these changes, discuss and explain a minimum of three reasons?

Question 2. What steps the Australian government is taking or recently have taken to help/ support the people affected by these changes in the economy.

Question 3. Discuss how monetary policy and fiscal policy have been used in 2021/2022 to control the recession caused by Covid-19.

Reference no: EM133222934

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