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

Assignment market formsfor this assignment you will do a

Assignment: Market Forms For this assignment you will do a significant portion of work in MS Excel and import it into an MS Word document for submission. You will use the data below to address Price and Output decisions ...

Say that in year 1 both k and l have values of 1 while in

Say that in year 1 both K and L have values of 1 while in year 10 K has a value of 1.35 and L has a value of 1.1. What is the annual rate of change for k (note the lower case)?

Jesus told us not to worry about tomorrow because we are to

Jesus told us not to worry about tomorrow because we are to focus on today and we are not promised tomorrow. (Mt. 6:34) Does this mean we should spend as much as we want and not save any for the future? Explain.

21st century health priorities include issues such as

21st Century health priorities include issues such as communicable diseases, occupational health, mental health, alcohol and drug abuse, and violence. Select one of these issues and discuss your thoughts on the following ...

Economic development of latin americain the late 1980s and

Economic Development of Latin America In the late 1980s and early 1990s Latin America privatized most state enterprises. What was the rationale for privatization and what were some expected benefits and costs? What have ...

Suppose the european union eu is investigating a proposed

Suppose the European Union (EU) is investigating a proposed merger between two of the largest distillers of premium Scotch liquor. Based on some economists' definition of the relevant market, the two firms proposing to m ...

If the exchange rate between the mexican peso and the us

If the exchange rate between the Mexican peso and the US Dollar expresssed in terms of pesos per dollar is 13.5 pesos=1 dollar, what is the exchange rate when expresses in terms of dollars per peso? Show work

Given the following yield information on us treasury

Given the following yield information on U.S. Treasury securities: 1-year note yield = 4.23% 2-year note yield = 4.01% 3-year note yield = 4.29% 4-year note yield = 4.95% 5-year note yield = 4.33% 6-year note yield = 4.3 ...

The anderson bowman and claxton families are running their

The Anderson, Bowman, and Claxton families are running their annual garage sale. Write a console-based application namedGarageSalethat prompts the user for a family initial (A,B, orC). Either uppercase or lowercase initi ...

The corleone and chung families are the only producers of

The Corleone and Chung families are the only producers of good h in the United States. The market demand for good h is h=1200-20p. The costs of production for each of them are represented by the cost functions C1(h1) = 1 ...

  • 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

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

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen