Question
Based on an analysis of the data from the pre-assignment research, critique on the Australian economy including government monetary and fiscal policies highlighting its strengths
Based on an analysis of the data from the pre-assignment research, critique on the Australian economy including government monetary and fiscal policies highlighting its strengths and weaknesses. Discuss the implications on individual business firms and households and provide recommendations on the role of businesses, consumers and the government in order to achieve the macroeconomic goal of the highest sustainable economic growth. Use relevant economic theories/concepts/models (e.g. Circular Flow Model, Solow Model of Economic growth, etc.) to support your analysis and recommendations.
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