Solution Library

Discuss The Predictions For IS-LM Model For Australian Economy

Question

Mainly due to uncertainty with the global economy and domestic macroeconomic policies, the Australian economy has recently registered decreases in consumer and business confidence. What are the IS-LM model predictions on the interest rate and output of this falling level of consumer and business confidence on the Australian economy:

(a) if the central bank allows the interest rate to change.

(b) if the central bank sees no reason to change the interest rate.

(c) if the central bank aims to keep output unchanged. What policy mix is required to achieve this macroeconomic goal.

 

Summary

The question belongs to Economics and it discusses about IS-LM model predictions on rates of interest and output in Australian economy.

Total Word Count 636

Download Full Solution

Comments

  • HWA
    Rasha

    this is a very good website

  • HWA
    maani

    I have 50 questions for the same test your page is showing only 28

  • HWA
    joeanne

    hi can you please help or guide me to answer my assignments. thanks

  • HWA
    joeanne

    hi can anyone help or guide me to my assignments. thanks

  • HWA
    Monik


  • HWA
    Cristina

    This solution is perfect ...thanks

  • HWA
    Janete

    Hello Allison,I love the 2nd image that you did! I also, had never heard of SumoPaint, is something that I will have to exolpre a bit! I understand completely the 52 (or so) youtube videos that you probably watched. Sometimes they have what you want, sometimes they don't! However, it is always satisfying when you are able to produce something that you have taught yourself. Great job!Debra 0 likes

  • HWA
    Sandeep

    Perfect bank of solution. 

  • HWA
    Oxana

    great !

  • HWA
    Paul Brandon-Fritzius

    thanks for the quick response. the solution looks good. :)

  • HWA
    tina Johnson

    thnx for the answer. it was perfect. just the way i wanted it. 

  • HWA
    Giuseppe

    works fine.