Question

Describe Australia's economy standing globally

Answer 1

It's one of the largest mixed- market economies in the world. Australia has a GDP of 1.69 trillion as of 2017. Australia is the second wealthiest nation, as of wealth per adult. 

Answer 2

The economy of Australia is a large mixed-market economy. Its GDP is A$1.69 trillion as of 2017. In 2018 Australia turnt into the country with the largest median wealth per adult. Australia's overall wealth was AUD$8.9 trillion as of June 2016.

Australia has showed unprecedented growth in GDP since December 1991 and staved off both the 1998 Asian financial crisis and the global financial crisis in 2008, without enter a recession. What's more, Australia has the lowest debt.