Collect
an article from an Australian newspaper that relates to the current
macroeconomy. In a paragraph indicate which section of the course it applies
to, why you selected the article and provide a brief summary of what the
article is about (1 mark)
Many people find the current unemploymentfigures for Australia a bit unbelievable. Why is his? (1 mark)
Using
the simple Keynesian model to assess the implications for equilibrium GDP and
the level of savings of an increase in the savings function. What would happen
to equilibrium income if there is a sustained rise in private investment
spending? (2 Marks)
5. State the difference between:
Inflation and deflation.
-between the interest rateand the exchange rate
- between the balance of paymentsdeficit and the budget deficit
-between the trade deficit and netforeign debt (2 marks)
6. Assuming that
the money market is initially in equilibrium, trace through the effects of a
rise in the money supply on the money market on the interest rate and also on
output, employment and the price level. (2 marks)
Distinguish between demand pull and cost push
inflation. Why might it be difficult to establish the extent to which a given
rate of inflation is demand pull or cost push? (2 marks)
Using the AD-AS model show how the Australian economy
has continued to expand year after year. What are the macroeconomic dangers
facing Australia? That is, are there any dark clouds, be they domestic or
international ones, which could threaten the Australian economy? (2 marks)
The central bank decided to implement an expansionary
policy action. What would you expect to happen to the nominal interest rate,
the real interest rate and the money supply? Under what economic circumstances
would this type of policy action be most likely appropriate for the
country? (2 marks)
Why has the Australian dollar soared over the last
five years? What are the domestic economic repercussions for producers and forconsumers? (3 marks)
1澳洲报纸那个有人回答了，我不说了
2 这个随便说说就行了，诸如cycle fluctuation 之类
3 Keynesian model
AE=C+I+G+Xn
Investment increased=> AE increased, so equilibrium point in AE curve move up,=> equilibrium point in AD-AS curve move right(in case of low employment rate) ==>P no change, Y increase , i (interest)no change, C increase. As a result, equilibrium income increased.
5 纯概念题，翻翻书就有. 这三个问题其实只在问一个道理，inflation对payment 有利，对receivable 不利， deflation vice versa.
6这类题一般都要画个叉，斜向上的是S，turn down is D, then draw a new supply curve, which is S2 or S something.S2画在S的左上，然后在S，D交点分别画个点A,B。然后你描述一下变化，p increase, Y decrease. i 与p一样变，所以increase, employment 与Y 一样变化，所以decrease. price level=p.so increased.
好了，先说这么多，打这么多字也够累的。
an article from an Australian newspaper that relates to the current
macroeconomy. In a paragraph indicate which section of the course it applies
to, why you selected the article and provide a brief summary of what the
article is about (1 mark)
从澳洲的报纸上找一篇有关现在宏观经济的文章。并且在段落中注明和课中哪部分有关，和你为什么要选这个文章，还有一个小节。这个多了去了。。随便找找。
看了下下面的问题，都是很基础或者很主观的题目，我觉得你不是不会，是懒得做吧追问
是真的！不会啊··
追答那你好好看书吧。。。我帮你做了是害了你还对我没半点好处，这么基础的都不知道，你要挂科的
