Search results

I am Gabriel Moussa

Re: 2015 HSC Economics Marathon Eco growth adv - Will increase the sustainability of growth due to lower inflationary pressures - higher potential increase in wages (if productivity increases) therefore increased utility disadvantages - structural unemployed have the potential to become long...

Re: 2015 HSC Economics Marathon Analyse the relationship between inflation and unemployment (4 marks)

Re: 2015 HSC Economics Marathon Explain what is meant by the non-Accelerating rate of inflation (NAIRU) 4 marks Im a little unsure of why its 4 marks :/

Re: 2015 HSC Economics Marathon I like the criteria for benefits, thanks for the add in !

Re: 2015 HSC Economics Marathon Australia's method of progressive taxation results in higher income earners taxed more than low income earners to reduce the level of income inequality. Changes to the system of personal income tax such as raising taxation for higher income brackets and...

Re: 2015 HSC Economics Marathon How does income inequality impose an economic cost on households in the Australian economy ? 3 marks

Re: 2015 HSC Economics Marathon Explain how labour market policies other than education and training aim to reduce structural unemployment (2)

Re: 2015 HSC Economics Marathon IMF By ensuring the stability of the financial system, the IMF fosters a stable environment for free trade to take place. It encourages the restructuring of economies through a principal of conditionality, whereby it assists economies financially by the...

Re: 2015 HSC Economics Marathon Identify TWO microeconomic reforms and discuss the impact of each reform on productivity and international competitiveness in the Australian economy (6 marks)

Re: 2015 HSC Economics Marathon The reason why super is classified as wealth is because super is a form of saving that is not consumed till you retire and is an asset held by employees.

Re: 2015 HSC Economics Marathon what is the three sector equilibrium level of income if C = 100 + 0.8Y and I = 40 (1mark)

Re: 2015 HSC Economics Marathon Asset price effect --> precautionary motive for savings (from the prelim course) A decreased price of assets due to lower demand (driven by the higher IR) will cause asset owners to decrease consumption due to the uncertainty about the future of their assets...

Re: 2015 HSC Economics Marathon Yeah I did Ur answer is on point though ty :D Although If it was worth more marks you could have spoken about the effect on assets (higher interest rates create lower demand for housing/capital causing asset prices to decrease)

Re: 2015 HSC Economics Marathon Assess how monetary influences patterns of domestic economic activity (4)

Re: 2015 HSC Economics Marathon Cyclical unemployment, is caused by a decrease in aggregate demand, and hence the derived demand for labour needed in production. Downturns in the business cycle are derived from lower global economic conditions (affecting X-M) contractionary fiscal and...

Re: 2015 HSC Economics Marathon I'm going to sock you -_-

Re: 2015 HSC Economics Marathon In another sense, would inflation not lead to a misallocation of resources? People would invest in items that hold their value such as Gold/USD rather than investing them where it is needed in the economy, thereby misallocating resources. Although your points...

Re: 2015 HSC Economics Marathon Maybe use the example of AUSFTA, which has seen the complete erosion of protection of PMV and 67% agriculture to contextualise the argument if it was worth more?

Re: 2015 HSC Economics Marathon Analyse the impact of inflation on the allocation of resources in the Australian economy (3 marks)