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  1. N

    phillips curve

    it can go below the X axis, cos inflation (Y axis) can be negative unemployment is the X axis, and has to be positive.
  2. N

    multi question

    IMF World bank supports development projects.. IMF aims to achieve financial stability, by giving loans and support packages and stuff,
  3. N

    USA Interest Rates

    but they will also reduce demand for imports, so the effect is lessened.. but increased capital inflow due to higher returns in Australia must be payed back OS as profts/dividends/interest etc on the net income account of the current account, worsening the deficit.
  4. N

    Why is the current account deficit usualy expressed as a % of GDP??

    if i told you i owed someone 200 dollars.. you wouldnt be able to tell how much of a severe debt that was unless i told you how much i earned. if i was a millionaire, owing 200 wouldnt matter but if i made 20 dollars a year, owing 200 would be very serious.. u understand?
  5. N

    Current account + Capital and finacial =0 WTF

    well think about it.. how can we afford to buy anything unless it is sustained by money coming in.. the deficit on teh current account implies that we are buying more things than we are paying for by selling.. so for us to be able to run a deficit (buy more things than we can afford) we...
  6. N

    reversal of the crowding out effect

    i think uve got it kinda wrong with the crowding out effect thing.. crowding out occurs when the Govt runs a deficit, which means investors and borrowers must turn to OS to borrow funds.. avoiding the crowding out effect involves the Govt running a budget surplus, which means there is a...
  7. N

    inflation

    well if the RBA/Govt keep inflation at a good level, then Australia should still experience growth and good levels of employment.. thats why hte RBA adopted inflation targetting, and pretty much abandoned their supposed goal of full employment.
  8. N

    Creative Piece For Genre?

    i did crime fiction, reflecting from the POV of Marlowe in a rambling first person drivel.. i just sed stuff like, why couldnt Hawks have made me a woman, or a classic golden age sleuth, or a policeman.. then things would have been done so differently..
  9. N

    Fisher Effect

    and learn to spell rubric..
  10. N

    xchange rate

    $A has been appreciating cos the world is growing again, people are demanding our stuff.. we got trade goin on with China, Japan, Singapore, US etc etc.. plus all the talk about raising rate, people wanna buy now before the dollar gooes up too much.. i dunno abt a concise but detailed...
  11. N

    EE1 Thoughts...

    question 3 for Crime was a bit dodgy.. theyre gonna get a lot of unstructured drivel to mark.. not the best test of ur knowledge of the genre..
  12. N

    WHat happens...

    you cant use a prescribed text from your module as a related text Jason.. thats a HUGE No-no.. need to find 2 of your own texts at least..
  13. N

    CSSA and Independent Trial HSC

    price stability = RBA target CPI range between 2 and 3%
  14. N

    rates are up

    no.. its had an immediate impact in speculative trade on the dollar.. 95% of currency movements of the AUD is speculation and currency trading, it will probly go up and down randomly now, depending on share market, OS figures an shit..
  15. N

    Bets.....

    a whole essay on it?? ud be pushing for stuff to say i think..
  16. N

    Bets.....

    who knows.. they mite ask about it then? still, no matter wat they ask abt in Eco, u kno ull just end up saying the same stuff.. if they ask abt Monetary policy, ur still gonna have to tlk abt growht, inflation, unemployment, the dollar, external stability, fiscal policy, microeconomic...
  17. N

    rates are up

    but us Australians looooove to save.. :p
  18. N

    crime fiction creative bit

    wat was ur HSC mark for 3u eng McLake?
  19. N

    Bets.....

    the test was written sometime last year/early this year.. so i dont the recent change in the target cash rate will influence what questions we get..
  20. N

    Essay Questions

    Assess the effect of external factors on the conduction of monetary policy in Australia taht would be nice, but i highly doubt it... X Rates: Analyse the impact of changes in the exchange rate on Australia's economy. Explain why Australia's exchange rate fluctuates and anaylyse the...
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