Explain why we need a coherent approach

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Question: Australia must have a new macroeconomic framework". Please read the article and answer questions 2 (using appropriate diagrams with reference to relevant evidence): 2. In the recovery phase of COVID19 of Australia, author argues that we need a coherent approach with fiscal, monetary and climate change polices to achieve the best possible macroeconomic outcomes for our country. Explain why we need a coherent approach in our recovery phase of COVID19 by using AD-AS model (starting from below the full-employment level). Max word limit 900.

Reference no: EM133439509

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