Performance of the Aust Economy

Executive Summary The purpose of this knowledge domain was to evaluate the exertion of the Australian economy everyplace the remainder quintette eld (2003-2008). To construe back the performance of the economy, the five economic objectives of the Australia economy were use as criteria in discernment its performance. The five economic objectives be: economical growth Full Employment expense Stability External Balance Standards of Living Australias do in the trade bout was also examined. After all-inclusive depth psychology of the criteria, this make concluded that Australias biggest problems stay in worth stableness (inflation) and external balance ( received depict deficit). Some of the recommendations this theme make were: This written report recommends that interest sound out should remain constant. This is because cost-push inflationary pressures argon now evident and lift interest rates impart only add to inflationary pressure. The Australian long dollar bill needs to be kept relatively low, so exports buns be further stimulated. This allow for also reduce imports, which result reduce Australias current account deficient (CAD). Rebates should be offered for research in option provides. The GST component should also be removed on fuel to lessen the cost for society.

1.0Introduction This report forget evaluate the performance of the Australian economy everyplace the stretch forth five years (2003-2008). The five economic objectives leave alone be used as criteria in critiquing the performance of the Australian economy. Therefore, after evaluating the performance of the economy, recommendations will be made regarding plan of attack priorities and economic policy directions. 2.0Research Methodology This report was compiled using secondary twist sources. The secondary sources included; net profit resources, the set text and handouts. 3.0 sight Findings To evaluate the performance of the Australian economy over the last five years, the economic objectives of the Australian...If you call for to get a wide essay, order it on our website: Ordercustompaper.com

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