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Briefly explain the main macroeconomic objectives of governments.
Definition of macroeconomic issues
a) Enhance in national income per unit of time, a flow method
b) Enables the economy to improve living standards
a) Percentage of labour force employed
b) shows utilisation of social factor of production
a) steady rate of price enhance; change in CPI/RPI/GDP deflator
b) Permits predictability and reliability in the economic environment
a) balance of payments
i) equilibrium in foreign sector trade, i.e. exports and imports
b) exchange rate
i) stability in external value of currency
large firms charge the price which is higher than the small firms, contruct the diagram
Plot the demand schedule and draw the demand curve for the data given for Marijuana
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Really briefly, what are 2 methods of measuring external stability? In Australia generally.
Is coca-cola an oligopoly or monopolistic competition
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