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thanks for the clarification

wow thanks for the help. i'm starting to get a better understanding. but with the hsc multi choice question how do you know what information to include in your calculation? because i assume you have to use different information from the table to calculate the balance of goods and services...

It's from Topic 2 - Australia's place in the global economy

Do you get marked down for using non-current stats in short answers and extended responses? Cause all my stats are pretty much from 2014.

thanks for clearing that up guys

I know international business cycles are characterised by: Characterised by: Upswing: rising GWP, consumption, investment and decreased unemployment Boom: high GWP, businesses operating at near full capacity, rising inflation, demand and interest rates Downswing: falling GWP, consumption...

yeah but i don't know what to start with

I've been overseas all holidays and just got back. So I've legit done nothing. I feel pretty shit about it tbh. How about you guys?