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Measuring Australia's economic performance - Coggle Diagram
Measuring Australia's economic performance
Economic growth rate
GDP
Calculation
Govt target
Definition
Limitations
Economic growth
Define
Limitations
Effects of high growth
Effects of low growth
Unemployment rate
Key terms
Unemployed
Employed
Labour force
Unemployment rate
Calculation
Govt. target
Causes
Cyclical
Structural
Frictional
Seasonal
Hard-core
Effects
Inflation
Define
Calculation
Consumer Price Index (CPI)
Govt. target
Effects
Winners
Losers