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I wasn't attempting to be funny, I was being genuinely curious.... But heres something I prepared earlier. Its not necessarily the best way to represent it, but its approximate and should be good enough to put in an essay, although usually it would not be required.

Why do you want it explained with a diagram you did your HSC 5 years ago....

Well actually the GST was 10% so this would imply 10% inflation. This result was produced by the dynamic relationship between actual inflation and inflationary expectations. Because the 10% rise was only temporary, inflationary expectations did not jump by the full amount (although they did...

heh nice try

Go an check some time series data on the CPI. Should be easily available on the RBA website. You will find some very interesting phenomena. Inflation went up to around 6% from memory. Think why this was the case. It holds some interesting insights to the formation of inflationary expectations...

I think what is being said is that if export revenue increases, you can import more without having any consequences to your CAD. In otherwords if your income rises, you can spend more on your credit card.

bel531 has done a good job in explaining this, but I just want to emphasize to you and anyone else reading that this is one of the most profound relationships in the Australian economy. Highlight this, write it out, recite it, stick it on your wall. This is one to remember and one that will get...

I got another idea that will save you having to spend $150 for three textbooks. more info to come or PM me for the advanced info

5. Creating international panic 6. Increasing pharmaceuticals profits . . . . . . n. Creating earthquakes in zimbabwe. My point is that swine flu is completely irrelevant to the HSC course and any teacher who would give an assignment that would see a student writing about swine flu...

2 - Yes, when AD is more than Y it is caused by I+G+X > S+T+M Your analysis doesn't follow though. Firms respond when injections are more than leakages, but they do so in the following period. It is just that production decisions have already been made and cannot change. I.e. when you watch a...

Well I wont tell you what you should write, but it might be a good idea to consider consulting the syllabus or a preliminary textbook. Essentially you have to talk about labour market institutions and how they affect things like wages, unemployment, etc etc. Specific reference to Australia's...

What are you asking?

Where Y = AD; i.e. the amount that is produced by firms is equal to the amount purchased by consumers i.e. there is no run down of stocks, and no build up of stocks. Think of it like a bakery. A bakery may produce 100 buns in a day because they anticipate that they will sell 100. They keep a...

Do whatever feels right for you. Everyone is different. how long is a piece of string?

Have a go yourself and then I will give some guidance. if you are unsure where to start you should look at the syllabus.

why do you even care? all you can do is your best. Use your previous performance as a guidance on what you need to work on. dwelling on marks, and bands, and uai's, and all this nonesense is just stupid.

Swine flu? What the hell does that have to do with anything....

explain what you mean by choice. Choice can mean a number of things. I think you need to elaborate a little more on your question.

Average Propensity to Save is across the entire income . So if you earn 50 000 a year and you save 10 000 then your APS is 20%. Marginal Propensity to Save refers to the amount that would be saved if you were given an extra dollar. So for example if your income was 50 000 and I gave you one...