Gabriel Moussa
Active Member
- Joined
- Jul 29, 2014
- Messages
- 114
- Gender
- Male
- HSC
- 2015
Re: 2015 HSC Economics Marathon
Discretionary Fiscal policy to mandate superannuation to a fixed percentage of income will increase domestic savings, bridging the savings investment gap to improve external stability in the long term. Fiscal surpluses/smaller deficit targeting will increase public sector savings, improving global investor confidence while also adding to national savings
Microeconomic
Trade liberalisation policy when applied to product markets will improve international competitiveness as efficient industries form in the long term, allowing for X component of BOGS to improve, thus improving external stability.
Macroeconomic policy:Explain how one macroeconomic policy and one microeconomic policy could be used to improve Australia's external stability position? - 4 marks
Discretionary Fiscal policy to mandate superannuation to a fixed percentage of income will increase domestic savings, bridging the savings investment gap to improve external stability in the long term. Fiscal surpluses/smaller deficit targeting will increase public sector savings, improving global investor confidence while also adding to national savings
Microeconomic
Trade liberalisation policy when applied to product markets will improve international competitiveness as efficient industries form in the long term, allowing for X component of BOGS to improve, thus improving external stability.