consolidation. Countries that are not under market pressure should proceed with gradual fiscal consolidation‚ anchored in a credible medium-term plan (Fiscal‚ 2015). • Appropriately designed fiscal reform packages can serve both growth and equity objectives: for example‚ if revenue from relatively regressive tax reforms is used to finance higher health and education spending‚ the overall result can be higher growth and lower inequality (Fiscal‚ 2015). • Specific tax and expenditure policies can help
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Subject Description This is designed to give a comprehensive understanding about Indonesian economy. The topics will be ranged from macroeconomic account‚ economic transformation‚ and some specific sectoral issues in Indonesian economy. The student should understand Indonesian economy through the data by exploring the concepts and data of macroeconomic accounts in Indonesia. Economic transformation will give a brief understanding of the process accumulation‚ allocation‚ and distribution of
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Word Count: 1718 words Student ID: | Name and Surname: | N7265212 | Luowa Bu | FACULTY OF BUSINESS Assignment Cover Sheet Campus | GP | School | Economics and finance | Unit Name | Economics 2 | Unit Code | efb223 | Due date | Friday‚ 27 January 2012 by 11.00 pm | Tutor’s Name | Alen-Igor Radonjic | Tutorial Day/Time | Summer School 2011 | Essay Topic | "Discuss how the eurocrisis highlights the need for coordination between fiscal and monetary policy." | DECLARATIONI declare
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American Economic Association A Child ’s Guide to Rational Expectations Author(s): Rodney Maddock and Michael Carter Reviewed work(s): Source: Journal of Economic Literature‚ Vol. 20‚ No. 1 (Mar.‚ 1982)‚ pp. 39-51 Published by: American Economic Association Stable URL: http://www.jstor.org/stable/2724658 . Accessed: 30/07/2012 13:35 Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use‚ available at . http://www.jstor.org/page/info/about/policies/terms.jsp
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OBJECTIVES OF THE STUDY The following objectives are identified:- Primary Objective. To know the usage and adaption of plastic money. Secondary Objectives. Secondary objectives are as under:- - To know the importance of plastic money in the daily life of consumer’s with reference to credit and debit cards. - To study the benefits of debit card & credit cards. - To find out the market leader among the various banks/ companies issuing credit and debit cards. - To know the problems faced
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policy in achieving the economic objectives in the management of Australia. Traditionally‚ the Australian government has attempted to achieve its economic objectives through the implementation of macroeconomic policies especially fiscal policy (the budget). Fiscal policy (FP) is a macroeconomic management policy as it plays a critical role in influencing the level of aggregate demand (AD) in the economy. It aids the government in achieving its economic objectives‚ of managing and stabilising the
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measures on how scarce but productive resources should be harnessed for the benefit of mankind. Economics is a social science that deals with the study of how society makes use of scarce but productive resources to better meet prescribed goals and objectives. It was first recognized in 1776 when Adam Smith published his book entitled “An Inquiry Into the Nature and Causes of the Wealth of Nations” which is considered as the bible of Economics. He is today considered as the father of modern Economics
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Chap1: The National Economy I. THE SCOPE OF MACROECONOMICS the major macroeconomics issues Economic growth; governments try to achieve high rates of economic growth economies suffer from inherent instability. As a result‚ economic growth and other macroeconomic indicators tend to fluctuate. Rate of eco growth: the percentage increase on national output‚ normally expressed over a 12 month period. Unemployment waste of human resources‚ unemployment benefits are a drain on gov revenues
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What is the importance of consumption expenditure in determining changes in the level of national income? In every macroeconomic question‚ there always exists its direction towards satisfying the macroeconomic objectives such as achieving long term economic growth and low unemployment levels (Hall and Lieberman‚ 2009). As consumption expenditure is the total spending by consumers on domestic goods and services‚ and national income is the value of all the goods and services provided in an economy
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2010 the world fact book ---Australia‚ Economy Watch 2009‚ Australia Economy‚ Economy Watch 2009‚ Australia Economic Policy‚ McTaggart‚ D.‚ Findlay‚ C. & Parkin‚ M. 2003‚ Economics‚ 4th edn‚ Addison Wesley‚ Sydney‚ pp. 808-819 Nguyen‚ D n.d.‚ Macroeconomic Policy in Australia‚ Market Information and Research Section 2009‚ Australia fact sheet‚
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