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Essay

Solutions to inflation in oil prices

Essay specific features

 

Issue:

Business

 

Written by:

Juanita R

 

Date added:

March 22, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

1 / 235

 

Was viewed:

8469 times

 

Rating of current essay:

 
Essay content:

For instance, the government will cut the interest rates, households and firms will borrow as much as money as they can. Hence, consumption and investment will increase; this will boost Australian economy, the economy will shift back to potential output and unemployment will be reduced. Accordingly, if the government wishes to contain inflation, it might I adopt the contractionary monetary policy...
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Accordingly, if the government wishes to contain inflation, it might I adopt the contractionary monetary policy. This will impose an adverse effect to the Australian economy, which will restrain the aggregate demand; however this might cause an even large contractionary gap with unemployment. Therefore, a more suitable approach will be adopting fiscal policy...
displayed 300 characters

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