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a) State an example of a government policy designed to promote microeconomic reform in Australia (1 mark) b) State ONE reason why governments implement policies of micro economic reform.(1 mark) To increase efficiency, to reduce inflation??? anything else? c)Explain how...

Could the opposite be true aswell? IE: Increase in productivity ---> Decrease in price --> Large increase in aggregate demand (assuming the good is elastic) --> The employer having to hire more workers to keep up with the demand --> a reduction in unemployment? Yey or ney?

Discuss possible government responses to changes in the global economy that have affected Australia's trade and financial flows. hmm..any suggestions how to tackle this one?

haha... such an informative thread title.. Im so over economics for now aye, i just been writting out a practice essay this morning, and i nearly finished it... I dont wanna do any more study.. But i neeeed to. I hope that they have VERY broad essay questions tomorrow.. i love them. I hate...

Just looking at last years HSC, and you had to construct a spreadsheet.. So, just wondering a list of relevent formula's and how they work... If, min, max, average, sum. Can someone please provide an example for each + any others that might be questioned.. Thanks