Macroeconomic issues in Australia

Questions

Investigate the historical GDP growth, unemployment rate, inflation rate for each country through
accessing the data of the statistical bureaus of the respective countries.
a. Presenting the data graphically. Pay attention to the difference between real and nominal GDP. You
should use the longest available data in this task. The IMF database, the World Bank database, or the
OECD statistics are also good sources to find the needed data.
b. Find the number of employed persons and the number of unemployed persons for Australia in March
2019 and calculate the number of persons in labour force and the unemployment rate
c. Find Australian consumer price index for December 2018 and March 2019 respectively and calculate

Answers

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