RBA to Reassess Economic Outlook in February 2020

RBA to Reassess Economic Outlook in February 2020

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the economic outlook in February 2020, focusing on the RBA's perspective and the tendency to revise economic forecasts downward due to underperformance. It highlights the housing market's recovery, the impact of government support, and fiscal policy on the economy. The RBA's monetary policy and its transmission through the economy are also examined, with a focus on the housing market and consumer spending. The video concludes with a discussion on the potential for economic recovery and the role of fiscal and monetary policies.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways is the fiscal policy in Australia impacting the economy?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the early signs of recovery in the housing market according to the RBA?

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