“Coming down to Earth: The economy’s not as strong as we’ve beenled to believe”Ross Gittins, Sydney Morning Herald, June 3,2022.
Given the above statement: Your manager has asked you firstly,assess the key Macroeconomic Variables and their relevant factors,and then secondly, apply them (the key macroeconomic variables) tothe AD/AS Model to determine which phase the Australian economy isin, and then finally comment on the key macroeconomicindicators.
“Coming down to Earth: The economy’s not as strong as we’ve been led to believe”Ross Gittins, Sydney Morning Herald, Jun
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