MAE203 - The Global Economy - Downside Risks to the Global Economy - Australian Economy Grew - Economy Assignment Help

Assignment Task:

MAE203: Economy Assignment Help

Article 1
The statement refers to “downside risks to the global economy”. Discuss at least two of the possible risks to which you think the Reserve Bank is referring.

Article 2
The statement discusses the fact that the Australian economy grew by 1.4% over the year to June 2019. Access the expenditure side analysis of the Australian National
Accounts publication from the Australian Bureau of Statistics website at:  On the website search for the September 2019 Australian National Accounts, which is publication catalogue number 5206.0.

a) What happened to economic growth in Australia between June 2019 and September 2019?

b) When you have accessed the Australian National Accounts, click on the “Expenditure chain volume measures” from the right hand menu. Use the figures provided to discuss how the different sectors of the economy contributed or detracted from economic growth over the year September 2018 to September 2019.

Article 3
Some commentators have argued that the government should increase the “Newstart” payment for unemployed people. See for example, the article at:With the aid of an aggregate expenditure diagram, explain the impact that an increase in this transfer payment would have on the economy. In the article include your opinion
and argue why you think this change should occur or not. (Note: There is no correct opinion and your answer will be assessed on the presentation of your argument.)

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