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Explain the difference between demand pull inflation and cost-push inflation, illustrating your answer with examples of each. Then assess which of the two are most likely to be a problem in Australia under the economic circumstances we are likely to experience in the coming few years.500-1000 words plus diagrams
Based on the newspaper government spending in the US is expected to rise through $30 billion next year. One of the senators of your state is touting how this increase in spending will lead to an rise in employment and aggregate output.
Depends on the data above, describe why public health officials generally advocate the use of cigarette taxes to reduce teenage smoking.
discuss its price elasticity and income elasticity. Explain how much control might an organization have over pricing based on a product's elasticity.
Assume the price of the futures contract changes as shown in the following table. Enter the relevant information into the table. Show your calculations.
Elucidate how an attempt by the government to lower inflation could cause unemployment.
Illustrate Wwat could it or should it have done differently. Please provide references to support your position.
Elucidate the impact of the global financial crisis of 2008-2009 on the economies of industrialised countries and emerging markets. What effect do problems like these have on attitudes towards free trade.
Make an analysis of the United State Fiscal Policy by addressing the following, differentiate the state of the economy. Determine the focus of the current fiscal policy?
Illustrate what would be the impact on labor and capital markets of such a shift in tax policy. What is the likely differential incidence of substituting a payroll tax for an equal-yield corporate income tax.
Elucidate economic school of thought does Obama base his economic prescriptions? Detractors accuse him of some leaning towards socialism. However, Obamanomics is simply "Keynesian Economics".
Utilizing the link and the instructions to follow, create a graph of the US GDP relative to Debt from the period 1981 to 2010.
Determine the Tragedy of the Commons, which gives a contemporary example, and offer a potential solution.
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