Do Australian JobKeeper grants have an impact on individual demand, supply and price? If so, are there likely to be significant changes or will the impact be minimal? Provide examples to support your answer. Use appropriate supply and demand diagrams to explain your views.

What is the impact of JobKeeper on income elasticity and price elasticity? Is demand elastic or inelastic? Provide examples and diagrams to support your answer.

What is the impact of JobKeeper on income elasticity and price elasticity? Is demand elastic or inelastic? Provide examples to support your answer.

Will people use the substitution effect to manage affordability or will there be no impact on buying capacity? Provide reasons to support your answer. Use diagrams to explain your views.