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Role Of Government In Mixed Economies Such As Australia
Part 1 of Paper
....ators (macro economic aggregates) outline the present state of
the economy. In what ways is the Commonwealth government using fiscal and
monetary policies to influence the Australian economy? What are the main
features of the government's micro economic policy? Why is the government
concerned about microeconomic reform.... Part 2 of Paper
....d services (Aust post)
3) General economic management through macro and micro economic
policies.
In 96/97 the CAD fell to $20.9bn from the $27bn blowout during 95/96. This was
largely due to a fall in domestic spending which lead to a slight rise in
national savings. Inflation remained low and fell between the RBA's 2-3% target.
This gave way to the RBA's 3 consecutive drops in interest rates to stimulate
the economy. Economic growth has stabilised between 3-4%. Although this is a
reas.... |
| Number of words: 1711 - Approximate pages: 7 |
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