US & Australia Economic Comparison (2012-2016)

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Added on 2020/05/16

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This assignment compares the economic performance of the US and Australian economies from 2012 to 2016. It examines key indicators such as GDP, GDP per capita, and economic growth rates. The analysis highlights that while the US exhibited slightly better overall economic performance during this period, Australia demonstrated higher productivity based on its GDP per capita. Both nations were in an expansionary phase of the business cycle, suggesting continued economic growth.

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US & Australia Economic Comparison (2012-2016)

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