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its on the resources section on BOS.

wells. MPC - marginal propencity to consume MPS - marginal propencity to save its like the likelyhood to consume/save. You noe that mps + mpc = 1 eg; if mpc = 0.8, mps = 0.2 so, to find the multiplier, you use the formula dats given to u in the text book; multiplier = 1/mps, or...

The govt. objectives is to achieve a rate of economic growth which is consistence with low inflation and low unemployment (internal balance) and stabilizing the net foreign liabilities and net foreign debt as a proportion of GDP. is dat the govt. objectives?

thanks for your help mate =]

What is the difference between them? And what is National competition Policy reforms? Thanks!

oohhh... i get it now!! thankss sooo much!! The govt. objectives is to achieve a rate of economic growth which is consistence with low inflation and low unemployment (internal balance) and stabilizing the net foreign liabilities and net foreign debt as a proportion of GDP. is that...

how can microeconomic reform achieve these objectives? is it by deregulation, taxation reform national competition policy reform, reforms to public trading enterprises?

thankss a million!!!!!!!!!!!!! but in essays, teacher usually expects diagrams? like the D & S graph, wat graph should i show? the microeconomics supply one? the one with the striaght linee, then curves up? =S.. but wat does dat graph show? btw, anymore suggestions as to what i can add to...

Hi! The essay question seems really easy... but im just lost when i try to approach it? the question is: explain the role os microecnomics in assissting the australian government in achieving its objectives. that question does seem ok, but it seems like i have to write heaps? esp for...