Add Papers Marked0
Paper checked off!

Marked works

Viewed0

Viewed works

Shopping Cart0
Paper added to shopping cart!

Shopping Cart

Register Now

eKönyvtár library
FAQ
Special offers 2 Open

Great deal: today with a discount!

Regular price:
1 423 Ft
You save:
155 Ft
Discounted price*:
1 268 Ft
Purchase
Add to Wish List
ID number:213388
Evaluation:
Published: 29.05.2004.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
Extract

Inflation is the sustained increase in the general price level in an economy. Since the mid 1990's the Australian Government has placed high priority on controlling inflation due to the negative impact it can have on our economy. It uses monetary policy, fiscal policy and microeconomic reforms to control inflation and achieve non-inflationary sustainable economic growth and low unemployment. Inflation is a restraint towards economic growth and can instil uncertainty in economic agents' view about economic conditions, which heightens inflationary expectations. It also distorts the pattern of allocation of resources by directing funds into speculative and unproductive investment (e.g. real estate) Our international competitiveness can also be eroded by high inflation as our higher priced products become less appealing to overseas buyers.
In Australia, inflation is measured quarterly using the consumer price index (CPI). This is simply a measurement of the change in the price level for a regimen of goods which are sensitive to consumption patterns. …

Load more similar papers

Send to email

Your name:

Enter an email address where the link will be sent:

Hi!
{Your name} suggests you to check out this eKönyvtár paper on „Inflation and Effects on Australia”.

Link to paper:
https://eng.ekonyvtar.eu/w/213388

Send

Email has been sent

Choose Authorization Method

Email & Password

Email & Password

Wrong e-mail adress or password!
Log In

Forgot your password?

Facebook

Not registered yet?

Register and redeem free papers!

To receive free papers from eKönyvtár.com it is necessary to register. It's quick and will only take a few seconds.

If you have already registered, simply to access the free content.

Cancel Register