Which of the following has not been a long-term trend in the Australian economy since 1901?

Question

Quizplus · Accepted Answer

Since 1901, Australia has experienced long-term trends of increasing nominal and real GDP, as well as increasing real GDP per capita. However, unemployment rates have not consistently trended upwards, and have in fact fluctuated throughout the country's history. Therefore, option C is the best choice as it has not been a long-term trend since 1901.

Which of the Following Has Not Been a Long-Term Trend