Home » The Australian Government and Central Bank

The Australian Government and Central Bank

Use a single Powerpoint slide to build a standard Y-E diagram. Use textboxes to label the axes and

all the essential curves, and key points such as Y

Don't use plagiarized sources. Get Your Custom Essay on
The Australian Government and Central Bank
Just from $9/Page
Order Essay

e

equilibrium income. As with your previous

Assignment on the Y-E model, the diagram in the Lecture Video will show you what your diagram

might look like.

Once you’ve built a reasonably good looking diagram, copy it onto three additional slides (easiest way

is to just copy the entire slide three times). Keep one as a reserve, and carry out the three following

tasks, one on each slide:

i) In response to the Great Recession that began in 2009, the Australian Government and

Central Bank carried out the standard ‘policy mix’ to compensate for the fall in exports and

raise GDP. Show this policy mix in your first Powerpoint slide, with a brief explanation of

each policy in textboxes.

ii) The ‘Fed’, the US Central Bank, similarly carried out an expansionary monetary policy, with

interest rates close to zero and large increases in the Money Supply. However, these have

not succeeded in raising GDP – the best that could be said is that they have prevented a

larger fall. In your second Powerpoint slide, carefully draw the IS-LM curves as assumed

by the school of economics which would predict this failure of monetary policy in a

recession. Name that school of economics in a textbox.

iii) One criticism of the expansionary fiscal policy adopted by many governments during the

Recession has been that it will reduce investment by firms. Draw the IS and LM curves in

your third diagram so that they would fit this prediction.

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more
Open chat
1
You can contact our live agent via WhatsApp! Via +1 817 953 0426

Feel free to ask questions, clarifications, or discounts available when placing an order.
  +1 (301) 710 0002           + 44 161 818 7126           [email protected]
  + 44 161 818 7126         [email protected]