Current State and Forecast of Australia Marco-Economy
DOI: 10.23977/tmte.2019.21005 | Downloads: 15 | Views: 837
Yiyu Zhou 1
1 Building 7, jiading campus, Shanghai University, 20 chengzhong road, jiading district, Shanghai, 201800, China
Corresponding AuthorYiyu Zhou
This report first describes the current Australian economy affected by the G20 summit and the inauguration of President Donald John Trump. The report shows five factors, which affected the Australian national GDP: Consumptions, Investments, Government Expenditures, Export, and Import. According to these factors, the report forecasts the future economic growth in 2018. This report will use macroeconomics indicators (GDP, Inflation, Unemployment Rate) to predict the future monetary policy, which the Reserve bank will take to change the Australian cash rate.
KEYWORDSAustralian economy, Australian consumer spending, Government spending, Australian investment
CITE THIS PAPER
Yiyu Zhou, Current State and Forecast of Australia Marco-Economy. Tourism Management and Technology Economy (2019) 2: 28-36. DOI: http://dx.doi.org/10.23977/tmte.2019.21005.
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