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macroeconnrnlcs ' 1W marxs QuesonB-SOmarks a. You are required to provide the values of the Australian key economic indicators listed in the table below for the period February 2019 to March 2020 (13 periods}. To obtain the past information click here. Economic Ination Rate Unemployment Wage Growth Cash Rate Exchange Rate Growth Rate Rate Rate [USSILAUSS] Feb 2019 Mar 2019 {15 marks) b. How did the Australian economy fare in the last 12 months in terms of output growth, ination and unemployment? Describe in detail the movements/trends observed for these variables. {10 marks) c. On 18 March, 2020, the Reserve Bank of Australia [RBA)'s board called for a special meeting and the minutes of the meeting can be found here. According to the minutes, how is the novel coronavirus [COVID-IS) pandemic expected to i. Affect the global economic outlook? Explain your answer. (8 marks) ii. Affect Australia's consumer spending and investment spending? Explain your answer. {9 marks) iii. What monetary policy decision did the board make? Explain the reason for that decision. (8 marks)