Explain the short- and long-run consequences and rba, Macroeconomics

Question 1

What would be the effect of an increase in Australia's net exports on the aggregate demand curve? Would an increase in net exports affect the RBA's monetary policy stance? 

Question 2

Suppose that in an effort to reduce the current federal government budget deficit, the Australian government decides to sharply decrease government spending. Assuming the economy is at its long-run equilibrium, carefully explain the short- and long-run consequences of this policy.

Question 3

The recent debate about healthcare reform in the United States included arguments about how the proposed reform might affect the efficiency of the U.S. economy. Based on the aggregate demand and supply analysis, do you think that a more or less efficient economy is an important issue in this debate? (Hint: consider the long-run effect of a less efficient economy in the output level.)

 

Posted Date: 2/16/2013 6:23:58 AM | Location : United States







Related Discussions:- Explain the short- and long-run consequences and rba, Assignment Help, Ask Question on Explain the short- and long-run consequences and rba, Get Answer, Expert's Help, Explain the short- and long-run consequences and rba Discussions

Write discussion on Explain the short- and long-run consequences and rba
Your posts are moderated
Related Questions
Snake Farm Inc. (SFI) has been offered to submit a competitive bid for building 31 and 22, 18, and 11offshore pits per year for Athletic Inc. over the next four years.  If the bid

:- Consider a closed capitalist economy in which all productions is undertaken by100 firms and wages and profits are theonly 2 categories of incomes. Assume further that all wages

factor contribute long run trend of term of trade in developing country

Q. Explain about Price Inflation? The major reason for allowing for non-constant wages in the model is that we then can allow for persistent deflation/inflation. With constant

Exchange Rate Management: Following two  stage devaluation of the Indian rupee  in quick succession in July 1991, the  government introduced Liberalized  Exchange Rate System


Define demand-side growth First, demand-side growth is caused by a change in one of the components of aggregate demand. If any of the components enhances (investment, consump


If 5000 units are sold and income increases by 20% with an income elastiticy of +2, what will the number of sales units be after the increase

using a classical labour market , illustrate the effects of a real wage existing in the market that is lower than the equilibrium real wage. what will eventually happen in this lab