what is equilibirum level of income if C=100+0.8y and I = 40
a)100
b)140
c)500
d)700
it is a simple maths equation
C+I = Y
(100+ 0.8Y) + I =Y
( 100+0.8Y) + 40 = Y
140+0.8Y = Y
140 = Y- 0.8Y
140 = 0.2Y
THERFORE Y= 140 / 0.2
= 700
i hope that helps :)
go to www.workchoices.org.au or sumthing along those lines ( do a search) and it has a very VERy basic outline .................... thats were i got my info
and it straight from the horses mouth if u get what i mean....
think of mirco policy as assisting structural change and structural adjustment --> as it encourages effiecency and productivity which is part of structural change.
work choices are definately micro reform............ its part of the deregulation of the labour markets aiming for higher effeicncy and productivity , as well as eliminating inflationary pressures.
hope that helps
its asif you guys read my mine........ im exactly the same
i find it difficult to write about asutralia and globalisation but my teacher rekons to anaylse the imapcts u must addres the indicators
Trade flow
financial flows
Investment
internationalisation of labour markets
technology...
i mean mirco reform such as labour market reform , as u said before provide an incentive for workers.... thus in a sense it becomes up to them to work better to get increases pay
Although it disadvatages some workers in the economy such as the lower levels one, who because of language...
a contagion as far as my understading goes refers to the cause of capital flight as in, the withdrawal of financial flows from one economy is contagious in a sense as people have a "herd mentality" --> an example in the asian economic crisis .
And i got these questions from the resource...
i was just doin some short answer q's on topic one , and one question asked "demonstrate the difference between a real shock and a finanical shock and how each might be transmitted btween econmies" 4 marks
I am a bit clueless... is it refering to capital flight and contagions when is say...
Buy the Macquaire one if you choosing between execl and macquarie...........
The reason i say this cozmy ecos teacher wrote it, its really good and easy to understand. Covers the syllabus to the 'T'
it is no intrusion at all..
it regards to your question, i beleive theorectially they can ask about a particular scene, chapter ect. however i very much doubt it .
What my teacher always say, especially those who are markers etc, is that the BOS ( the real on) doesnt exactly wanna fail us all...
I just want to be clear on what we have to know for this component (BNW BR)
* context
* Link between Humanity and Nature
* the tensions??
The reason i ask is that i am one of those people who memorises essays.... and so far my "generic" one has been fairly adaptiable to the question...
i think using unfamilair texts is the best way to go for a number of reasons:
1) they have nothing to compare you to
2) you could say as much as you want even if its exaggerated ( so as to suit the question ) and they wont even no.
So i rekon go for it ...
im using i picture book that i...