Re: 2015 HSC Economics Marathon
the bigger the cad the increased amount deficit on the primary income account threby increasing the servicing costs on foreign debt. In the long term, higher cad's require larger kafa surpluses to pay off existing debt, compounding the foreign debt servicing...
Re: 2015 HSC Economics Marathon
Well done, and by reform i did mean plural,
Remember to link prices to inflationary pressures when you discuss lower prices for consumers (just to keep in tune with the idea of "performance")
For trade reform something simple like
"MER through reduction in...
Re: 2015 HSC Economics Marathon
Just a suggested edit there,
You could link it to higher APC first in developed countries and higher MPC overall because the poor people will die !!
Therefore more private jets and sports cars (Ferrari's, Lamborghini's, etc). Therefore it is good because it...
Re: 2015 HSC Economics Marathon
http://www.pc.gov.au/inquiries/completed/national-competition-policy/report/ncp.pdf
For anyone wanting in depth knowledge on the National Competition policy (there is only one btw)
Take a look at the overview + the "boxes" i.e. Box 1
Box 2
Box 3
and Box 4...
Re: 2015 HSC Economics Marathon
Higher interest rates will have a larger effect on spending... (it'll decrease due to the higher opportunity cost) and domestic investment will also cease because of the higher cost of getting a loan. So what you're talking about will like amount to jack ?