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International Monetary Fund (IMF) Add in library

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On February 20 this year, the International Monetary Fund (IMF) stated that "wage growth is weak and inflation is below its target range" for the Australian economy. What risks does a slow growth rate in wages pose to the Australian economy, and why are economists and governments so eager to see a general rise in wages for everyone? The following theories in Macroeconomics may be used to analyse this topic: Aggregate Demand and Aggregate Supply Unemployment Inflation The RBA Use of graphs and di ...

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Tags: Australia Sydney Management UNCC100 Our World: Community and Vulnerability University of Sydney Management 

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