GDP growth in Australia is predicted to be 3.8%, which is higher than the US rate of
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Question:
GDP growth in Australia is predicted to be 3.8%, which is higher than the US rate of 2.3% (IMF, 2022). Forecasts of relative growth rates suggest that the AUD/USD exchange rate will rise in the next three to six months.
Explain why AUD will appreciate based on the GDP%?
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Statistics Unlocking The Power Of Data
ISBN: 9780470601877
1st Edition
Authors: Robin H. Lock, Patti Frazer Lock, Kari Lock Morgan, Eric F. Lock, Dennis F. Lock
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