Describe the measures undertaken by the Reserve Bank of Australia in combating inflation while… 1 answer below »

Are you stressed by poor grades and tight deadlines? We have your back at expert-tutor.net. We can do this or a different assignment for you at an affordable price. Use customdissertations.org writing services to score better and meet your deadlines.


Order a Similar Paper Order a Different Paper

Using the principles of economics covered in learning materials from week 1 to week 10 inclusive,

students should apply their understanding to analyse the macroeconomic issues and the policy

responses. Students are expected to conduct some basic research and to reference journal articles,

professional websites and other sources in the process.

Required:

The due date for this group assignment is Week 10.

Total marks: 80

Based on the article above, you are required to complete the following questions:

1. Using a diagram, illustrate and describe Australia’s rate of inflation since 2000. (10 marks)

2. Describe the measures undertaken by the Reserve Bank of Australia in combating inflation while

maintaining low unemployment. Discuss whether they have been successful. (20 marks)

3. Discuss the impacts (both positive and negative) of inflation which have influenced the

macroeconomic variables of the real Gross Domestic Product and total employment of Australia.

(20 marks)

4. Describe the type(s) of unemployment Australia is currently facing? Analyse how these types of

unemployment affect the Australian economy. (20 marks)

5. Using examples from the article, explain the following microeconomic concepts. (10 marks)

i. Diseconomies of scale

ii. Negative externalities

6. i. Overall presentation/formatting of the group report. (5 marks)

ii. Referencing (formatting and accuracy). (5 marks)

Attachments:

Writerbay.net

We offer CUSTOM-WRITTEN, CONFIDENTIAL, ORIGINAL, and PRIVATE writing services. Kindly click on the ORDER NOW button to receive an A++ paper from our masters- and PhD writers.

Get a 10% discount on your order using the following coupon code SAVE10


Order a Similar Paper Order a Different Paper