Reference no: EM133827470
Economics
Assessment Description
Assessment covers Topics of the subject. So make sure you know all about:
Oligopoly and monopoly.
The macroeconomic environment; GDP, inflation, unemployment and interest rates.
Aggregate demand and supply. including changes in aggregate demand and supply and market equilibrium and disequilibrium.
Economic growth and business cycles.
Fiscal policy and monetary policy.
Assessment Instructions
Assessment 4 consists of two activities:
Activity 1 is a group case study and Activity 2 is an individual lest.
You will then complete the case study questions in your group, but only one group member needs to submit the final answers (for the entire group). Get Instant Answers to this problem!
All questions for the group case study are based on the article on the following page,
However, since the slowdown in economic activity
Is tracking in line with the RBA's forecasts, economists say the RBA Board won't be making any sudden interest rate moves after Wednesday's numbers.
Australia's economy growing at slowest pace since 1990s recession, as households cut back on spending
By business reporters Gareth Hutchens and David Chau. and Lucia Stein Wed 4
Australia's economy grew by 0.2 per cent in the June quarter, and 1 per cent over the last year, according to the Australian Bureau of Statistics {ABS).
It is the weakest rate of annual growth Australia has recorded in years. in seasonally adjusted terms.