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Role Of Government In Mixed Economies Such As Australia

Beginning of essay

What role do governments have in modern mixed economies such as Australia? Using appropriate indicators (macro economic aggregates) outline the present state of the economy. In what ways is the Commonwealth government using fiscal and monetary policies to influence the Australian economy? What are ....

Middle of essay

....rates to stimulate the economy. Economic growth has stabilised between 3-4%. Although this is a reasonable figure, a higher growth rate is required if unemployment is to fall from the 8.6% is has averaged for the past year. Overall economic performance has been reasonable but current figures show the problems with our external balance and unemployment will not be solved any time soon. Fiscal policy is the government's use of the Budget to achieve its economic management goals. This is done thro....
Number of words: 1711 Approximate pages: 7

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