Obtain data on real GDP, exchange rate, net exports (exports – imports), and the cash rate... 1 answer below »

(1) Obtain data on real GDP, exchange rate, net exports (exports – imports), and the cash rate (interest rate). Then using

graphs and statistical summaries, discuss the relationships between the following variables:

a. Growth of net exports as a share of real GDP and the exchange rate

b. Growth of net exports as a share of real GDP and the cash rate

(2) Conduct a simple regression analysis to investigate factors that influence the growth of net exports as a share of real GDP

in Australia.

(3) Given the insights gained from (1)–(2), discuss how macroeconomic policies, particularly monetary policies, would

contribute to improvement of net export growth as a share of real GDP in Australia?

Students need to support their analysis with a minimum of 10 academic journal articles plus the text. Students aiming for a

Credit or higher grade will need to use more sources. Articles should be relevant and recent. Non-academic journal sources

may also be used, but relevance and validity should be clarified with the lecturer/tutor.