Improving australia level of economic performance

Assignment Help Macroeconomics
Reference no: EM132181399

1. Explain why the Reserve Bank of Australia (RBA) may increase the cash rate, leading to an increase in interest rates in the economy. Discuss the possible effects an increase in interest rates will have on the economy.

2. Explain why a decrease in interest rates may have a limited effect on improving Australia's level of economic performance.

3. With reference to both demand and supply factors, explain how the price of the Australian dollar (AUD) is determined in the foreign exchange market (FOREX).

4. Discuss two (2) factors responsible for the rise of in the value of the AUD in recent years?  

5. Use the model of demand and supply to explain the impact of a rent ceiling in the rental housing market in Perth, Western Australia. In your diagram, explain what would happen in the rental housing market if the price of non-rental apartments decreases

6. Show the impact on the tobacco (cigarettes) market if the Russian government imposed a large tax on tobacco. Discuss the incidence of the tax.

7. What would happen in the tobacco market if the Russian government increased advertising explaining the negative health impacts from smoking? Why?

Reference no: EM132181399

Questions Cloud

Discuss two important concepts from the course : Given the readings and assignments in the course, identify and briefly discuss two important concepts from this course that are applicable to your degree.
What exactly is fiscal and monetary policies : How does Fiscal and Monetary policies relate to Modern Theories, Fiscal Policy Review, and Economic Impact of Deficits and Debt?
Economy go to full employment automatically : Does the economy go to full employment automatically?
What do you think has changed significantly : What do you think has changed significantly since the last U.S. recession that might have either a positive or a negative impact on the current economy?
Improving australia level of economic performance : Explain why a decrease in interest rates may have a limited effect on improving Australia's level of economic performance.
Subject-international financial policy : What is the difference between an international and a reserve currency? Can the Chinese Renminbi become an international currency in the near future?
Discuss why the firm might consider passing : Evaluate Eds analysis. Does Ed have the right expected NPV? What's wrong with his analysis - Discuss why the firm might consider passing on the proposal
Create a data structure diagram for internal data : Create a data structure diagram for internal data at your organization and identify external support data to the organizations suppliers.
What is the opportunity cost of war : What is the opportunity cost of war? What role does scarcity play in the total cost of war? Examples need to not just be about money.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Pick a current economic topic

For the term paper, you are required to pick a current economic topic that relates to the material we have covered or will cover in this course. You will research and find an article that covers the topic you have chosen.

  Many us companies have located in contries all over globe

Many US companies have located in contries all over the globe. Would they support or fight free trade. Explain your position.

  Illustrate what are the impacts of an easy monetary policy

Illustrate what are the impacts of an easy monetary policy on the price-level and real output

  Marketing research committee for organization

Looking for someone who is familiar with this topic and would like to help me out. Need it completed today. As part of a marketing research committee for your organization, you have been assigned the task of preparing a 700-word research paper abou..

  What is the required rate of return on the great danes stock

Great Dane, a Danish firm, has systematic risk of 0.9 when measured against the MSCI World Market Index. Its systematic risk is 1.25 when measured against the Danish stock index. The expected returns on the MSCI world index.

  How to replace the manager of the roller division

Roller manufacturing is relatively simple, requiring only labor and a machine that cuts and crimps rollers. As you begin reviewing the company's production information, you learn that labor is paid $8 per hour and the last worker hired produced 10..

  Thailand economy

Thailand Economy:  I am third year student at college of Business (Finance). I have Macroeconomic research paper about Thailand economy.  I want research paper and PowerPoint slides to present the paper.

  Assume that the central bank follows the following

assume that the central bank follows the following simplified version of the taylor rulea what implicit weight is

  What is the optimal allocation of fred boats

Fred owns four fishing boats on Seneca Lake. He knows from experience the following information about the catch per boat depending on the total numbers of boats he sends to either the north or south end of the lake. Based on the table below, what is ..

  Illustrate what will be the new equilibrium price

If consumer incomes rise to $30,000, illustrate what will be the new equilibrium price and the new equilibrium quantity.

  What is the result if randy elects out of the

The land has a basis to Randy of $8,500. The buyer makes a $6,000 down payment in year 1 and will make a $7,000 payment in year 2 and a $7,000 payment in year 3. In addition,

  When does rate of inflation become a problem in the economy

When does rate of inflation become a problem in the economy? Why do policymakers need to tame inflation (deflation) in order to stabilize prices?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd