Eco growth and external stability stats

Question 1

Eco growth was around __% in 2017-2019

Answer 1

2%

Question 2

In 2020 following the onset of the pandemic, eco growth fell by __% in the ____ quarter before slightly recovering by the end of the year with an overall contraction of ___% in 2020.

Answer 2

7%
2nd
1.1%

Question 3

In the LT from the mid-1990s onwards, eco growth has fluctuated from __-___% mainly due to the ___ in ___ and ____ conducted in the ___&____.

Answer 3

2-5%
MIB in 2003
MER in the 80s and 90s

Question 4

UE rates reached a ___ -year high of ___ in ____.

Answer 4

21-year high
7.5%
July,2020.

Question 5

Household savings ratio peaked at ___% in the ______of 2020.

Answer 5

22%

Third-quarter of 2020

Question 6

Recently, ___% decline in consumption occuring in the ___________.

Answer 6

15

Third quarter of 2020.

Question 7

M fell by ___% from ____ to _____.

Answer 7

22.4%

Dec 2019-May 2020

Question 8

China were able to reach pre-COVID levels of demand by _______ despite consumption falling by ____% in the first quarter.

Answer 8

May 2020

20%

Question 9

China accounts for ____% of Aus X.

Answer 9

36.1%

Question 10

Hence Aus experienced a record-high BOGS surplus of ____ in 2019-2020.

Answer 10

$77.4b

Question 11

Aus CAS of __% in 2019-2020

Answer 11

1.8%

Question 12

Recently NFL reduced from ___% in ____ to __% in ____.

Answer 12

55-48%

2018-2020

Question 13

Household savings in Aus fluctuated at just ___ to ___% from _____-______

Answer 13

-1 to 2%

2003-2007

Question 14

In the LT NPY deficit increased to $_____ in ____ from $____ in ____.

Answer 14

$48.5b from $19.8b

2006-07 from 2000-01

Question 15

CAD peaked at ___% of GDP in _____

Answer 15

6.6%, 2007-08

Question 16

Debt servicing ratio reached ___% in ___ from ___% in ____.

Answer 16

17.5% in 2008

11% in 2002.

Question 17

Aus NFL increased to ___% from ____ from ____-____.

Answer 17

47%-57% from 2002-08.

Question 18

Large depreciation of the AUD from $US___ to $US_____ from ___,____ to __,____.

Answer 18

$US0.96-$US0.64

July 2008 - Jan 2009

Question 19

___% of Aus debt is denominated in an overseas currency

Answer 19

40%

Question 20

This century the AUD has had a range of $___ to $____.

Answer 20

$US0.48 - $US1.10

Question 21

Investment as a % of GDP increased from ___ to ____ in the MIB from ___ to _____.

Answer 21

13-16%

2003-2008

Question 22

In ______, Aus unsustainable CAD of __% led to a temporary decline in the Aus credit rating from AAA to ___.

Answer 22

Feb, 2003
5%
AA+

Question 23

Argentinian debt over ___% of GDP.

Hence GDP declined by ___% from 2017-2019.

Answer 23

70%

31%

Question 24

NFL’s were ___% during GFC in 2008/

Answer 24

56%

Question 25

Recent increase in AUD from ___ 2020 low of US$___ to where it is now at US$___

Answer 25

March 2020

$US0.57-$US0.77

Question 26

US growth in 2020

EU growth in 2020

Answer 26

• -2.4%

- -4.6%

Question 27

Exports increased by ___% from ___ 2008 to ______ as a result of a ________.

Answer 27

20%
Jan 2008 to October 2008
Depreciation