say a SA says micro policy to promote growth in recovery;
obvously must be ST-medium term.. eg include
tax reforms: ie gst replace wholsales + 9 state indirect taxes decrases bus cost increase Supply + Xs
industry assistance: subsidies pretty much increase Xs
just that some ie tax is...
from james ruse 2001
which organisation assists countries with BOP problems
1 WTO
2 EU
3 IMF
4 World bank
obvously not EU, depends wouldnt it, if its trade balance than wto (but only if dispute or to improve free trade). IMF is financial problems- debt, world bank if developing nation...
you dont need that, i agree it would make you sound better...but obvously its not needed..just make sure you talk bout everything they possible could want. use a couple diagrams n proper eco talk... any1 seen the exempler micro-strucutral essay... pretty pov id say.. no diagrams..not great eco...
simply: decreased interest rates will:
1) decrease foreign savings (invest) inflows due to uncompetitive rates, decrewased demand for $A - depreciate
2) increase foreigners borrowing from Aust (theory yeah, but in reality prob not much), taking $A n converting it back to foreign currency...
yeah i get what u mean, thats wat i was thinking, in theory it will cause a improved TOT, but it really wouldnt caus our Xs arent as ineslastic as our imports, thus producers would decrease prices otherwise they would lose big time.
would you say that the recent appreciation of the $A is causing a rise in the terms of trade caus Xs are increasing in price n Ms are decreasing in price..or does the exchange rate not influence the tot. not sure... the text book didnt mention echange rates?
so could you say for the crowding in effect, due to:
1 - decreased demand for funds due to surplus, thus decreased rates
2- surplus pays of domestic debt: increases supply thus decreased rates
how does it work. ive got:
a contractionary fiscal policy may increase medium term growth if it encourages decreased interest rates and increased confidence, it has been confirmed by the imf n oecd
cheers
get it know... surplus/ smaller deficit reduces public sectors demand for credit...
i put:
1) decentralised wage determination system - enterprise bargaining. some can increase their wages more than others, ie CAs vs Awards
2) wealth - inherited wealth: as wealth provides income ie rent + profit, thus allowing those with inherited with to be more advantaged in the quest...
yeah id be screwed (limited to low 10s) if im forced to do non-aus global essay. i can do everything else so i cant see ill get trapped.
for an exchange rate essay, depending on question but broadly;
types of exchange rates, dereg increasing flows....
cause of appreciation/depreciation...
im hoping it goes back to 2001 style, nice n open, ie policy mix (can do a huge essay on that) w/ inflation or u/e etc... n something like global n external or internal balance.
hopefully its nothiong weird n out of line,...like all the trials n past papers are about policies-issue +...
can someone explain this, its got a table so i canyt copy it out. its got income, investment + consumption figures for 4 levels. i ended up getting it right though but dont understand how to work it out. its d) 6000m. but how? cheers
thought i would be good if every1 put their schools or any other multi choice answers up:
ones im esp looking for:
canberra grammer school 2003 trials
newcastle grammer school 2003 trials
james ruse 2001 trials
specimen paper 01
CSSA 2003 trials
heres what i have (hsc ones i know youll...
cheers, i never got taught that. guess i didnt get taought much, had a geography teacher who taught ecos ages ago but set the geog paper so she thought she would give ecos another go.. ha
anyhoot, cheers
can someone explain how you end up getting k = 2.5, this would require MPS to be 0.4. i know k = 1 / mps n how it works, i can normally do these but can work out how to get it from the table. its a big table so i cant copy it on here. cheers
which shop was on the left? margies i think. i did that one caus of better liquidity. thus can then finance capital investment = long term increased profits...
yeah my next n final exam is eco. start tomorrow. 8 full days is plenty. i did most of my bus in 3 days (eco is harder i know). i think even if ur struggling ull find any longer ull go crazy.