Analysis of the Australian Economy (1030 words, 5 pages)
The article states, 'Australian dollar was near a two-month high againstthe U.S. currency '. The money-demand and money-supply model belowexplains how the export boom would have led to the appreciation of theAustralian dollar (AUD). Fig 1.1 Money-demand and money-supply model.It should be highlighted that the 'increase in terms of trade' ...
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