Education policy

RBA and its relevance to banking and finance lawyers RBA is a statutory authority and it is Australia’s central banking. RBA’s key role is monetary policy. The RBA explains monetary policy as the process of setting the interest rate on overnight loans in the money market. This is known as the “cash rate”. RBA further explains that the cash rate influences other interest rates in the economy (including the money-market rates and the key rates of banks and financial intermediaries such as…

offer some policy recommendation. The first strategy is the demand side policies which are aimed at reducing unemployment that results from recession hence decreasing demand –deficient unemployment. The second strategy is the supply side policies that are meant to solve the cases…

For example, the son and mothers attempt to gain treatment at the emergency department demonstrated how the health policies designed to provide care to those with or without insurance is available; but also demonstrated how some still may not fully understand the policies, which may cause them to avoid using those benefits. Another example includes the homeless man who was a frequent visitor to the emergency department; and still received a…

Michael Chossudovsky, The Globalization of Poverty: and The New World Order, Pincour, Global Outlook; 2nd edition (September 9, 2003) ISBN: 0973110910 The Globalization of Poverty and the New World Order is based on Canadian Economics Professor Michel Chossudovsky’s actual experiences. Professor Chossudovsky, prior to writing this book, had spent decades researching and teaching around the world in places such as Latin America, Africa, the Middle east and Eastern Europe. Having first hand…

able to better understand various concepts in economics and how they apply to the world today. In particular, I learned about tax policy, price discrimination, productivity, and globalization which has allowed me to better understand how economic policies affect my life and the world around me. I thought it was interesting when Wheelan mentioned that the best public policies economically are those that incentivise good habits like hard work or reducing pollution but don’t punish good tendencies…

During the recession of 2008 the Federal Reserve decide to lower interest in order to combat the high inflation and low employment growth. The recession slowly started to recover, during the summer of June 2009 it started to show improvement. After eight years of low interest rate (below zero). The Federal Reserve chairman Janet Yellen announced that the Fed would raise its targeted federal fund rate by 0.25, was post to do it June and/or September then decide to not to. Now in December 2016,…

These policies are usually put in place to ensure that a countries economy does not find itself in a recession as well as under inflation. The government through its agencies uses the policies to ensure that economic stability is attained. The Federal Reserve’s are responsible for controlling the flow of money, and this is essential in ensuring that…

1. Introduction Application This Privacy Policy (Policy) applies to all dealerships and collision repair workshops owned and operated by the Autosports Group Limited ACN 614 505 261, collectively referred to as Autosports, we or us. This Policy applies to all our employees, contractors, consultants, directors and officers (Autosports Staff) other Birchgrove Finance. *Birchgrove Finance is the registered business name of Birchgrove Finance Pty Limited ACN 165 682 057 (Birchgrove). While…

Question 2 Critiques of Keynes by Hayek (political), Pigou (theoretical) and Friedman (empirical). In his general theory of employment, interest and money, John Maynard Keynes argued that crisis and instability in the market cannot be sufficiently be mitigated by free market forces. According to his theory, full employment cannot be achieved by the competitive forces in the market. What this implied is that the market needed a third hand of the government to correctly fix the volatilities in the…

Pareto optimality is a tool used by normative welfare economist who measures welfare in terms of preference satisfaction. This tool is used for assessing social welfare, resource allocation and to analyze public policy. It was a principle proposed by Italian economist and sociologist, Vilfredo Pareto in order to make high levels of inequality justifiable. An allocation is said to be a Pareto improvement if no alternative allocation could make at least one person better off while not making…