What natural resources contribute the most to the growth of australia’s economy?
(choose 3)

refined petroleum

wool

coal

citrus fruits

diamonds

lamb meat

The right answers are: refined petroleum, coal and diamonds. Australia is rich in natural resources. The most outstanding, in terms of commercial value, are bauxite, bituminous COAL, iron ore, nickel, gold, lead, zinc, silver, REFINED OIL, and natural gas extracted from the coasts.

The huge DIAMOND deposits discovered in the Kimberley in 1979 have made Australia one of the world´s leading suppliers in terms of volume and sixth in terms of value.

which statement best describes why a government’s actions are important in macroeconomics? check all that apply.

1 government controls industry through policy.

2 government is both a consumer and a producer.

3 government can prevent changes and challenges.

4 government can use policy to influence the economy.

5 government can accurately predict economic trends.

1 , 2 & 4 for edgenu

according to this graph, how does supply behave in the long run?

a ]output remains constant.

b ]output increases.

c ]output cannot be predicted.

d ]output decreases.

the answer is a ]   for edgenu