It's all about aggregate demand
What is economic growth?
Government stabilisation
What is Fiscal Policy
The basis of global free trade
What is comparative advantage?
An exchange rate which doesn't change
What is a fixed exchange rate?
The size of area A is increasing
What is income inequality?
The policy has a time lag of 9-12 months
What are policy limitations?
The promotion of free trade is their purpose
Who is the WTO?
The direct RBA intervention
What is dirtying the float?
Those who could be better utilised.
What is underemployment?
The improvement of resource allocation
What is microeconomic policy?
The prevention of trade.
What are protection methods?
The major trading partners
What is the TWI?
The interaction of demand pull and cost push
What is the wage inflation spiral?
The corridor system
What is Monetary Policy?
The industry has not attained economies of scale
What is an infant industry?
The reduction in foreign debt repayments
What is an appreciation?
It's the problem with the price mechanism.
What is market failure?
The upskilling of labour policy
What is the Fair Work Act 2009?
The shared use of currency
What is a monetary union?
The depreciation leads to structural adjustment
What is the J Curve?