Economic Principles and Decision Making.

Economic Principles
and Decision Making
Name of the Student:
Name of the University:

Introduction
 Economy of Australia is experiencing a
turbulence in the recent times
 The rate of growth in Australia is slowing
down
 RBA has taken the measure to curtail cash
rate from 1.5% to 1.25%
 GDP growth rate is expected to fall to less
than the predicted 3%
 Slowing down in the Chinese economy is
also affecting the growth of the Australian
economy