Using the real GDP measure, Australia did not have a recession.However other measures state otherwise.Identify and explain why these may be used as valid evidence of a downturn, even though they are NOT used to measure the business cycle.

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The Answer of Using the real GDP measure, Australia did not have a recession.However other measures state otherwise.Identify and explain why these may be used as valid evidence of a downturn, even though they are NOT used to measure the business cycle.

Using the Real GDP Measure, Australia Did Not Have a Recession.However