Question

discuss the economic condition of Australia​

Answer 1

Answer:

The economy of Australia is a highly developed mixed economy. Its GDP was estimated at A$1.89 trillion as of 2019. ... Despite the recent decline in the mining sector, the Australian economy has remained resilient and stable and had not experienced a recession from 1991 until 2020.

Answer 2

Answer:

The economy of Australia is a highly developed mixed economy. Its GDP was estimated at A$1.89 trillion as of 2019. ... Despite the recent decline in the mining sector, the Australian economy has remained resilient and stable and had not experienced a recession from 1991 until 2020.

GDP growth: : 2.7% (2018) 1.8% (2019); −6.7% (2020e) 6.1% (2021e);