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i called at ~6pm, instant connection *shrugs*

Y = 100 + .8Y + 40 1y - 0.8y = 140

i did and asked for some final clarifications and figures. Was quite informative

Y = C + I Y = 100 + .8Y + 40 .2y = 140 y = 700

Nope, no case study. Screw it, i'll do the other question.

d. price. :)

I plan to fluke the essays. No real preparation there haha

Australia's debts to overseas is a debit in the income component in the CA

autonomous consumption is the value of C when Y = 0

Internalising the externalities refers to the environment. Only hippies like the envionment. Are you a hippy?

haha and i think all 3 of us are planning to do economics as well next year.

woohoo i'm in the same sentence as sunjet and rafy!!! i'm not a big fan of graphs, but for macro graphs just draw a supply/demand graph with an increase in demand and for micro draw an increase in supply. Don't forget when you draw a graph you have to might it straight and right, which...

a sustained high level of deficit will lower overseas confidence (because they start wondering if the economy would be able to pay back any further investments), thus causing a reduction in the level of foreign investment, which is needed for economic growth. I believe this is called the Balance...

oh, you're right. bah to reading skills.

you can also argue that an efficient industry would require less employment.

personally? neither haha.

monetary, fiscal and then micro and maybe throw NAIRU somewhere in the essay, and hysteresis just because i like that word.

i just assumed the consumption function = MPC. besides, the other answers all look really wrong.

I hope it's really really specific, with extensive reference to the stimulus because im not doing a pre-planned essay. That, or an essay on income inequality.

definition nature and extent causes effects policies limitations of policies conclusion.