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  1. Jago

    New IR changes - divine advice from above (advice line)

    read that website, then read the ACTU's website. that way you can balance to propaganda
  2. Jago

    Question from the CSSA paper 2005.

    you can talk about the other points but you have to make sure you can relate unemployment/inflation/whatever to "economic development or income and wealth"
  3. Jago

    Calculations formulas

    you will need to interpret the graph
  4. Jago

    Workchoices - Macro or Micro?

    the plan is that the proposed reforms will further deregulate the labour market, improving productivity and (according to the ads) promote employment. Maybe check with the workchoice website
  5. Jago

    Inflation - Help

    I think one reason is that as inflation increases, exports will be less competitive and imports more attractive, thus leading to a current account deficit and therefore restricting economic growth. It may not be the main reason though...
  6. Jago

    Federal Budget Summary

    http://www.budget.gov.au/ bludget at a glance
  7. Jago

    Calculations formulas

    BoP = CA + C&FA + omissions and errors k = 1 / MPS Economic Growth = (Real GDP - Real GDP previous year) / Real GDP previous year x 100 Real GDP = nomial GDP / CPI x 100 AD = Y = C+I+G+X-M Participation Rate = Labour Force / Working age population (15+) x 100 unemployment rate...
  8. Jago

    Workchoices - Macro or Micro?

    micro, labour market reofrms, supply side economics
  9. Jago

    HSC Results via SMS

    You never receive your raw exam results. you get the internal and external marks, as well as you final hsc marks for each subject
  10. Jago

    Economics HSC Marathon

    Foreign Direct Investment, and its effect on the balance of payment and thus economic activity
  11. Jago

    中文歌詞!

    i'll only take 8%
  12. Jago

    first gf bf?

    14 and 14
  13. Jago

    Just som quick questions!! please help

    1. economies of scale, comparative advantage 2. argh, just did this in another thread. globalisation limits govt regulation as govts try to keep investors happy (in a nutshell) 4. most of the products are made and sold to 1st world countries, the poorer nations gets very little of the...
  14. Jago

    Economics HSC Marathon

    good answer. negative impacts of globalisation? - external instability - environmental exploits by the poorer countries in order to get $$ - unemployment in the short-term due to increasing access to domestic markets from more efficient importers - widening gap btn the wealthier and...
  15. Jago

    What's happening to your notes?

    PM me about legal/adv english
  16. Jago

    Economics HSC Marathon

    Discuss the impact and effect of an increased high CAD on an economy and outline methods to improve the CAD. - Increases foreign liability - need to finance, debt trap scenario - increased volatility for exchange rates - constraints on future economic growth - high e. g. leads to an...
  17. Jago

    Economics HSC Marathon

    Discuss the impact of changes in interest rates on economic activity
  18. Jago

    micro policies - limitations?

    time lags, global factors, political constraints just like other policies
  19. Jago

    Economics HSC Marathon

    Q. Outline the costs and benefits of a shift towards a decentralised wage system. A: costs: short-term (structural) unemployment, income inequality benefits: productivity, reduced inflation
  20. Jago

    Economics HSC Marathon

    In relation to the environment, as the price mechanism does not take into account the social implications of production. It also occurs because the price mechanism does not take account of any depletion of resources that will affect the economy's ability to grow in the future. Q: Define...
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