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The following questions should be based on economic performance of Australia from 1990 to 2015
1. Critically analyse and discuss plausible economic explanations, including the role of government policy (fiscal or monetary), for the salient relationships between real GDP growth and other indicators.
2. Write a short prediction of the macroeconomic outlook of Australia. Is Australia likely to experience a recession or expansion soon?
For simplicity, assume that the coal market is perfectly competitive and draw a standard upward-sloping supply and downward-sloping demand diagram to represent the equilibrium in the coal market. Clearly label the axes, the curves, and the equilib..
It seems apparent that the current macroeconomics situation in the US is bit difficult in numerous ways. Situations relating to employment, inflation, monetary and fiscal policies have been detrimental to US citizens who have undergone a trembling..
Assume that it is impossible to discover which individuals belong to which group. Will members of group 2 insure against this loss in a competitive insurance market.
Explain how the price elasticity of demand affects a consumer's purchasing and the firm's pricing strategy as it relates to the simulation
Given the following data for a community health center, calculate the average and marginal cost for each output level and (in case of marginal cost) between successive output levels.
A central city imposes a rent control law that places a binding ceiling on the rent that can be charged for an apartment. The suburbs of this city do not have aren't control law. What happens to the rental prices in the suburbs and to the equilibr..
A bank loan has a quoted annual rate of 6%. However, the borrower must maintain a balance of 25% of the amount of loan, and the balance does not earn any interest.
Can anyone think of problems not fundamentally caused by scarcity?- How can specialization and gains from trade apply within households?
What monetary policies do you think caused the crisis - What were the effects of the policies implemented in reaction to the crisis?
What are the differences between Tobins and Baumols approaches of money demand.
Explain how governments use monetary and fiscal policy to manage the economy and use technology and information resources to research issues in principles of economics.
suppose that national income is initially at its equilibrium level when desired investment falls. we would expect- a
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