The following questions will help you to ensure that your answers are based on economic principles and theory.
Use correct grammar and spelling to communicate your ideas. If necessary, use diagrams and examples to support your answers.
Use a diagram to explain the concept and give your opinion on whether the Australian economy is in a stable economic equilibrium.
This assignment will allow you to practice answering questions similar to those you might be asked during the exam.
This question asks about the following learning outcomes.
You will be able to critically analyze and show why government intervention might be necessary in the production and distribution of income.
To be able to critically assess the economic health as a whole by analysing major economic variables, and offer recommendations on possible policy alternatives.