What has been some of the macroeconomic impacts

Reference no: EM132137897

Question: Watch the following video clip, A big lift in consumer confidence but how much is showing through on the shop floor and answer the following questions.

What has been some of the macroeconomic impacts on Harvey Norman. Use economic analysis to describe how this impacts on profits (Hint: what type of market structure does Harvey Norman operate in?).

If consumer confidence is rising, then use economic analysis to describe how this impacts on the economy. Given the level and growth of sales of Harvey Norman what is the more likely scenario.

Thinking about the zero level of investment in new Harvey Norman stores and the lower/patchy sales growth. In what stage of the cycle would this happen. Why should we be careful using Harvey Normans sales growth as the only source of information to determine if Australia is in a period of slow growth? What information would be useful to verify this?

Reference no: EM132137897

Questions Cloud

Percent below poverty level : How does the "percent below poverty level" compare to the national rate?

Productive land or the less productive land : In equilibrium, would more fertilizer be used on the more productive land or the less productive land?

How does the lower australian dollar contribute to inflation : Watch the following video clip, CPI: A surprise jump in inflation to a 2-year-high appears to have reduced the chances of further official interest rate cuts.

Policy of re-importation of prescription drugs : Why would a policy of re-importation of prescription drugs be ineffective?

What has been some of the macroeconomic impacts : What has been some of the macroeconomic impacts on Harvey Norman. Use economic analysis to describe how this impacts on profits.

Rising drug expenditures : Are the rising drug expenditures in the U.S. necessarily bad?

What is the market rate of substitution : 1. A consumer has $300 to spend on goods X and Y. The market prices of these two goods are Px $15 and Py $5.

Define purposes of the social security program : To what extent could the purposes of the social security program be served by a law requiring individuals to purchase retirement insurance from a private firm?

What is asymmetric information : What is asymmetric information and how does it affect the consumer or buyer?

User Account

All Pages