Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Macroeconomics Expert

1) Consider a macro economy that is initially at equilibrium level of real GDP. By using an aggregate demand and supply diagram or model of the economy, graphically exemplify and discuss the short-run and long-run effects of the given events on the economy:

a) A political election campaign is held
b) There is a raise in expenditure on infrastructure.
c) The raise in international economic turbulence.
d) The depreciation in foreign exchange rate value of the economy’s currency.
e) A fall of business confidence within the economy
f) The country’s main exports increase in price whereas the goods the country imports fall in price that is,  it’s terms of trade improves in the country’ favor. (3 marks)

2) Collect the article from an Australian newspaper which relates to the current Australian macro economy. In a paragraph point out which section of the course it applies to, why you chose the article and give a brief summary of what the article is really about? (1 mark)

3) Many people find out the current unemployment figures for Australia at 5.5% unbelievable. Why is this? Why may the official statistics be imprecise? (1 mark)

4) By using the simple Keynesian model to evaluate the implications for equilibrium GDP and the level of savings of an augment in the savings function. What finally happens to the level of savings? What would occur to equilibrium income if there is a sustained increase in private investment spending? (2 Marks)

5) Describe the difference between:

a) Economic contraction and economic expansion.
b) Between appreciation and depreciation.
c) Between the balance of payments deficit and the budget deficit.
d) Between the bond rate and interest rate.   (2 marks)

6) When is monetary policy most efficient? And when is the fiscal policy most efficient? (2 marks)

7) Differentiate between ongoing demand pull and ongoing cost push inflation. Cautiously draw them. Why might it be hard to establish the extent to which a specified rate of inflation is either demand pull or cost push? (2 marks)

8) Australian economy has gone about 22 years devoid of a recession meaning a whole generation has grown up never experiencing the recession. What are the macroeconomic dangers now facing Australia? When commentators propose that the Australian economy is a two-speed economy what specifically are they are referring to?  (2 marks)

9) Why do economists study the economic indicators? What are some illustrations of leading indicators? (2 marks)

10) The Australian dollar has fallen by 12 US cents in last few months. What are the macroeconomic effects of this currency movement? (3 marks)

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M96

Have any Question? 


Related Questions in Macroeconomics

1 we have read about medical etiquette standards and ethics

1. We have read about medical etiquette standards and ethics. What is the difference between medical etiquette and ethics? Provide examples and explain why it is necessary to understand this distinction. 2. Describe the ...

Samnbspruns a shoeshine standnbspat the airport samnbsphas

Sam runs a shoeshine stand at the airport. Sam has no skills, no job experience, and no alternative employment.Entrepreneurs in the shoeshine stand business earn $12,000 a year. Sam pays the rent of $1,500 a year, and hi ...

Assignmentresearch the conflict minerals provision in the

Assignment Research the "Conflict Minerals" provision in the Dodd Frank Financial Reform Act and draft a 1-2 page paper about the reasons for this provisions and the practical effect rulemaking will have upon supply chai ...

Assume the economy is initially in equilibrium and then

Assume the economy is initially in equilibrium, and then firms expect future total factor productivity to decrease. Using the New Keynesian Model framework: a. Explain and show graphically the impacts of this event on th ...

Why are most environmental resources un-priced or

Why are most environmental resources un-priced (or under-priced) and what are the consequences of this? Under what circumstances is it desirable to monetize priceless environmental amenities? Briefly describe three metho ...

It is sometimes said that declining fertility was a major

It is sometimes said that declining fertility was a major contributor to sustained economic growth among the Asian tigers. Do you agree with this view? Use the microeconomic theory of fertility to argue that it was a ris ...

Describe the nature of educational dualism in developing

Describe the nature of educational dualism in developing countries and its implications for the character of growth.  Also, elaborate on how the LDC educational system actually contributes to the reproduction of social i ...

Using the following Using the following link: 

Using the following link:  http://www.econedlink.org/national-budget-simulator.php , work through the National Budget Simulation (Links to an external site.) in an effort to achieve a budget deficit of $1100B dollars. Sc ...

Long-term investment decisionsassume that the low-calorie

Long-Term Investment Decisions Assume that the low-calorie frozen, microwavable food company from Assignments wants to expand and has to make some long-term capital budgeting decisions. The company is currently facing in ...

The annual rate of growth of real gdp in a developing

The annual rate of growth of real GDP in a developing nation is 0.2percent. Initially, the country's population was stable from year to year. Recently, however, a significant increase in the nation's birthrate has raised ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro