economics assignment

Suljettu Julkaistu Apr 26, 2003 Maksettu toimituksen yhteydessä
Suljettu Maksettu toimituksen yhteydessä

This is a simple economics assignment. LONG ANSWER QUESTION: 1. Suppose that Australia experiences a reduction in the number of overseas visitors,this being due to increased security fears in light of world political events. As a result, total expenditure on goods and services by tourists (a form of exports) falls. Using the income-expenditure model, analyse the effect of such a change on aggregate demand and the equilibrium level of aggregate income. Discuss fully the adjustment process by means of which the economy moves to the new equilibrium position. (10 marks) Sometime later, suppose that the Australian government attempts to offset the affects of reduced tourism by lowering the rate of taxation of income. Analyse the effects this will have on the aggregate demand line and the aggregate level of income. Explain fully the adjustment process that shifts the economy to its new equilibrium. (10 marks) 500 words

## Deliverables

1) Complete and fully-functional working program(s) in executable form as well as complete source code of all work done. 2) Installation package that will install the software (in ready-to-run condition) on the platform(s) specified in this bid request. 3) Complete ownership and distribution copyrights to all work purchased.

## Platform

microsoft word

Artikkelin uudelleenkirjoittaminen Tutkimusten kirjoitus Kääntäminen

Projektin tunnus: #2929185

Tietoa projektista

Etäprojekti Aktiivinen Apr 28, 2003