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DochEvi [55]
2 years ago
14

How can Australia achieve economic growth

History
1 answer:
marta [7]2 years ago
7 0

Answer: Lower interest rates – reduce the cost of borrowing and increase consumer spending and investment. Increased real wages – if nominal wages grow above inflation then consumers have more disposable to spend. Higher global growth – leading to increased export spending.Australia will achieve economic growth

Explanation:

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