Premium Essay

Questions on Rudd Govt

In: Business and Management

Submitted By shreyansh12002
Words 921
Pages 4
Question 1:
Since 2008, we can observe and note that the cash rate in Australia has seen a tremendous downturn till 2010, after which there was a positive turn for some time. But, soon in the year of 2012 we again saw a downward flow of cash rates recently touching all-time low of 2% in May 2015. The main reason for the drop of the cash rate was that the reserve bank of Australia still believes that the Australian currency is overvalued and to make it bring down to its actual value the rate cut was required. An overall assessment made for the current situation in Australia would be that the reduction in the cash rate would increase the export opportunities for the country and would act as fertilizers. The housing sector for the country has shown a good growth and this rate cut would also help in the easing of unemployment. The consecutive steps have been taken by Reserve Bank keeping in mind the fact that a lower exchange rate is needed for a balanced growth of the Australian Economy.

Cash rate graph (source: www.global-rates.com)
The Australian economy has constantly been altering cash rates as their monetary policy in the earlier years as inflation was never a big concern for the economy. We can further understand how the altering of cash rates will influence macroeconomic aggregates:

Aggregate Demand and Aggregate supply curve
From the shown diagram we can see that the demand AD1 is intersecting the supply AS1 in a flat area of aggregate supply. This situation is mostly seen when there is an excess economic capacity in the economy and minimal inflationary pressure. However, in the scenario of stagnated aggregate demand growth, there are high chances the economy might face a recession with a rising level of unemployment. In this situation to increase the aggregate demand the reserve bank of an economy lowers the interest rate to shift the aggregate demand…...

Similar Documents

Free Essay

It Questions

...could harm the processor unit. Throttling also helps to reduce power consumption when demands are low. 4. (TCO 6) Discuss bad sector errors. (Points : 10) Bad sector errors are the track and sector markings that fade off the hard drive over a lengthy time period or if a section of the drive has become dangerous. When this happens the best thing to do is create a backup and replace the hard drive 5. (TCOs 7, 11) Describe a domain name and provide examples of domain names. (Points : 10) A domain name it a texted based name that is unique that identifies the network. A host name and a domain name make up a fully qualified. Some examples of domain names are Hhoward.netflicks.com or www.autozone.com. 6. (TCO 10) List five questions you might want to use to interview a user to begin the troubleshooting process. (Points : 10) 1. What seems to be the problem? 2. When did the problem start? 3. What programs were you using? 4. Have you made any changes to your system? Such as new hardware or software or have you deleted any programs from your system? 5. Can you show me how the problem occurred, so I can try to reproduce it? 7. (TCO 10) Explain why it is a good idea to trade suspected bad for known good when troubleshooting a PC. (Points : 10) It is a good idea to trade bad components for good ones when you are trying to troubleshoot a bad computer system while using a system exactly the same and running correctly. Taking the bad parts......

Words: 551 - Pages: 3

Premium Essay

American Govt Assignment

...five recent bills that they each voted on by roll call vote. Include the bill number as well as the content of the bill. You only need to include a few lines of content. • You need to find bills that are from the last 3-5 months. • Remember to include a date on each bill. 4. How did they vote? Did they vote in favor of the bill or in opposition to the bill? • You should have 5 votes for each person for a total of 15 votes. 5. Write a 3-5 page, typed, double-spaced, clearly written paper that includes the answers to the above questions. You may choose to organize your paper any way that you see fit. • Make sure your paper is clearly written. • You may bullet the information or outline the information. • Make sure each bill is clearly listed in your paper. • Make sure each vote is clearly listed in your paper. • You may find the following websites helpful in answering these questions....

Words: 605 - Pages: 3

Premium Essay

Govt 2302 Ch. 7

...* Question 1 0 out of 1 points | | | Only the Senate can impeach civil officers, who are tried by the House of Representatives.Answer | | | | | Selected Answer: |  True | Correct Answer: |  False | | | | | * Question 2 0 out of 1 points | | | How many presidents have been impeached?Answer | | | | | Selected Answer: |    Three | Correct Answer: |    Two | | | | | * Question 3 0 out of 1 points | | | In recent years, Congress has expressed its unhappiness with Supreme Court decisions on abortion and gay rights byAnswer | | | | | Selected Answer: |    refusing to confirm new lower federal judges until the Court reverses its decision. | Correct Answer: |    attempting to alter the Court's jurisdiction. | | | | | * Question 4 0 out of 1 points | | | According to the Constitution, apportionment and redistricting must occur everyAnswer | | | | | Selected Answer: |    four years. | Correct Answer: |    ten years. | | | | | * Question 5 0 out of 1 points | | | Logrolling is another term for vote trading.Answer | | | | | Selected Answer: |  False | Correct Answer: |  True | | | | | * Question 6 0 out of 1 points | | | The official chair of the Senate is the _____.Answer | | | | | Selected Answer: |    Speaker | Correct Answer: |    president pro tempore | | | | | * Question 7 0 out of 1 points | | |......

Words: 6400 - Pages: 26

Free Essay

Local Govt Ministy

...KG |3-5 |15,502,000 |Not reported. Tends to |Kindergarten schools, nurseries mostly in urban areas | | |etc. | | |zero in rural areas | | |Primary |I-V |6-10 |18,680,000 |90-95 |Government primary school, Rural non-government primary| | | | | | |school, Ebtedayee Madrasah, Community Schools, etc. | |Secondary |VI-XII |11-15 |15,455,000 |48 |Govt. and Non-govt. high schools | |Bachelor & |XIII -XVI |16-21 |21,297,000 |3 |Govt. and Non-govt. colleges, universities and | |master’s | | | | |specialized institutes | Fig: Stages of formal education, population size, and enrolment in Bangladesh Education vs. economy Education unquestionably plays a vital role in national development. It is central to development; it empowers people and strengthens nations. It is a powerful “equalizer”, opening doors to all to lift themselves out of poverty. It is critical to the world’s attainment of the Millennium Development Goals (MDGs). Two of the eight MDG’s pertain to education-namely...

Words: 9553 - Pages: 39

Premium Essay

U.S. Govt Chapt 14 Bookwork

...Jenor Rasmussen Govt. Chapter 14 1. C 2. E 3. A 4. C 5. B 6. E 7. C 8. B 9. E 10. E Bretton Woods System: international financial system devised shortly before the end of WWII that created the World Bank and the International Monetary Fund Collective security: The idea that an attack on one country is an attack on all the countries Containment: U.S policy of opposing Soviet expansion and communist revolutions around the world with military forces, economic assistance, and political influence Cuban Missile Crisis: the 1962 confrontation over the deployment of ballistic missiles in Cuba that nearly escalated into nuclear war between the United States and the Soviet Union Defense policy: area of policy making that focuses on the strategies that a country uses to protect itself from its enemies Democratic enlargement: policy implemented during the Clinton administration in which the United States would actively promote the expansion of democracy and free markets throughout the world Department of Defense: chief executive branch department responsible for formulation and implementation of U.S defense and military policy Department of Homeland Security: cabinet department created after the 9/11 terrorist attacks to coordinate domestic security efforts Department of state: chief executive branch department responsible for formulation and implementation of U.S foreign policy Détente: the improvement in relations between...

Words: 850 - Pages: 4

Free Essay

Govt Project

...GOVT 2305 Presidential Elections Project See the assignments file linked below for the state assigned to you. Research the politics of the state assigned to you in order to answer the questions below. The following information sources may prove helpful (you may need to copy and paste the links into your browser): State elected officials and members of Congress by state: http://www.commoncause.org/siteapps/advocacy/search.aspx?c=dkLNK1MQIwG&b=4860375 Presidential election outcomes by state: http://en.wikipedia.org/wiki/List_of_United_States_presidential_election_results_by_state Presidential election outcomes by state: http://www.historycentral.com/elections/states/List.html 2012 election outcome by state: http://www.politico.com/2012-election/map/#/President/2012/ Good Advice: · Do not wait until the day the assignment is due to begin work. That is a prescription for a very poor grade. · Don’t complete this project until you have studied up on presidential elections, especially the Electoral College. · Read the questions closely before answering them. Students frequently lose points for failing to fully answer each question. In particular, if the question asks you to write a paragraph, that means you need to write several sentences. A paragraph is not a single sentence. As you recall from your English class, paragraphs have topic sentences, several sentences in the body that develop the topic sentence, and a concluding sentence that ties the......

Words: 1158 - Pages: 5

Premium Essay

Tre Steele Amer Govt Letter

...Trenetria Steele 408-A Coverdell Legislative Office Building Atlanta, GA 30334 November 13, 2014 Dear Stacey Abrams, My name is Trenetria Steele and I am writing you today to discuss the importance of abortion in the state of Georgia. Although abortion receives legal support federally in the United States, terms of abortion vary state to state. Some states have been limiting the use of abortions by closing down abortion clinics, but my motive is to make sure that the state of Georgia continues to support abortion as an option for unwanted pregnancy. The topic of abortion is very controversial due to the fact that many women believe it questions ethics by killing a human being. Personally, I feel as if the government should not interfere with women’s rights to decide whether or not they want to continue their pregnancy by taking away their option of abortion. Having a baby and becoming a parent adds a heap of responsibility to a person’s life. Statistics show a large percentage of pregnant women face the burden of financial problems and lack of family support. How can someone expect a woman to bring a new life into this world if she can’t even afford to take care of herself? There are other choices available for a woman facing an unwanted, such as adoption but I honestly feel that is not a helpful alternative. A pregnant woman needs constant medical attention throughout each trimester, which is not cheap. Mothers face attatchment issues, making women emotionally......

Words: 580 - Pages: 3

Premium Essay

Questions

...Please answer the following questions based on the video: 1. To what extent is our personality dictated by our genetic makeup?  Many of the personality traits that we have are either genetic or learned. For example, if a mother was loud and liked to express her opinion, as her daughter gets older, she has the same trait. This was both learned and genetic, because the genetic side was that it’s her mother and the learned side is because the young girl saw this as she grew up. 2. Is it formed by experience or do we inherit it?  Personality is formed by both experience and inheritance, just depends on how exactly the personality trait was formed by the individual. Many children copy what their parents do when they are younger, like cussing, fighting, or even acticing a certain way. Once they start getting older, many of the traits that we had when we were younger have gone away but a few stay. These are also inherited because they are traits that keep up with you in adulthood. 3. Provide an analysis of each panelist's viewpoint.  Prof. John Carey His biggest comebacks were science related. Prof. Peter McGuffin Peter’s point on twins were interesting. Twins that grew up in different areas, like separated at birth could live similar lives, is one thing that Peter seemed to talk about. He also believed that parents passed on many genes to their children, and that’s how personality is formed. Dr. Micheal Maler He was very into animals being tested......

Words: 381 - Pages: 2

Free Essay

Govt

...class prepared to discuss, debate and directly engage the material presented in the assigned readings. Exams will assess your knowledge of both class lecture and reading material. Assignments are expected to be completed on time; deadlines/due dates are indicated in the syllabus. If you are unable to attend an exam, you must notify me prior to class and make arrangements to make-up the exam. Permission to make-up an exam will be granted only in the most serious of extenuating circumstances. Verifiable (medical) emergencies and other reasons for potential ‘excused’ absences must be documented. Grading: 3 exams (30%, each) Participation (10%) Exams: Exams will be a combination of take-home essay (approximately 10pgs.).The essay question, and study guides will be made available well in advance. Electronic communication and sources of information: Please make sure that your email account is registered with the University so that you can receive and submit communications related to the course. Course material will be regularly posted on sakai. Other Course Policies: Academic Dishonesty: University rules and policies are clearly articulated – you are responsible for knowing what they are and behaving accordingly! Academic dishonesty will not be tolerated, and will entail serious consequences. Special Accommodations: If you have a learning condition that requires a special accommodation – either for the classroom procedures or for taking exams, a) such a......

Words: 681 - Pages: 3

Premium Essay

Govt

...Govt 2306 -63005 March 3, 2014 In 2010, Former Gubernatorial candidate, Debra Medina made Nullification a Major aspect of her campaign. Nullification can simply be defined as the failure of a U.S state to enforce a federal Law within its boundary. Debra Medina Claimed that Texas has the power to nullify federal acts deemed unconstitutional. She believes that Texas has the right to invalidate any federal Law the citizen view as unacceptable. In 1798, Thomas Jefferson started the first Nullification in history which was the Kentucky Resolution. He believed that Government does not have the right to Impose it will upon the people without their consent. If the people decide they do not give the government consent, then such will is nullified. Debra Medina based her claim on the 10th Amendment which states that “the powers not delegated to the united states by the constitution, nor prohibited by it to the states ,are reserved to the states respectively, or to the people”, and before the civil war. She argued that the overall power rested with the state of Texas, so base on the 10th amendment Texas state has the power to get representative in congress and pass a bill to nullify any Law passed by congress that is viewed as unconstitutional. In her claim of Nullification, it means that the state of Texas can do what the Supreme Court can do. Nullification is seen as the means of the State to check the power of the Federal government. Medina being a member of......

Words: 810 - Pages: 4

Free Essay

Business Govt Society

... * Types of regulation * Directly or indirectly imposed. * Economic and social A) ECONOMIC * Aim to modify the normal operation of the free market and the forces of supply and demand. * Includes regulations that * Control prices or wages * Allocate public resources * Establish service territories * Set the number of participants * Ration resources * Antitrust regulation: prohibit unfair, anti-competitive practices by businesses. May not engage in predatory pricing. * Remedies for anti trust regulation * Large fine * Structural remedy: Breakup of monopolistic firm * Conduct remedy: Agreement that offending firm will change its conduct, often under govt supervision * Intellectual property remedy: Disclosure of info to competitors. B) SOCIAL * Aimed at such important social goals as protecting consumers and the environment and providing workers with safe and healthy working conditions. * Some are regulations which only apply to certain businesses, i i.e Consumer protection laws for businesses producing and selling consumer goods. * Includes regulations which apply to all businesses * Pollution laws * Safety and health laws * Job discrimination laws Effects of regulation * Cost-benefit analysis * Financial revenue from regulation * However, takes people to administer, monitor and enforce. * Continuous......

Words: 1511 - Pages: 7

Premium Essay

Promotion of Technology & Innovation by Indian Govt.

...MANAGEMENT OF TECHNOLOGY, INNOVATION AND CHANGE – MS(WE) 114 MBA 2nd Semester (2014-15) TERM PAPER On Promotion of Technology & Innovation by Indian Govt. Submitted By: Name- Shivam Sharma (Enrolment No 05316603914) Submitted To: Prof. Anil K Saini USMS GGS IP University, New Delhi INDEX S.no | Topic | Page no. | Signature | 1 | Introduction | 3 | | 2 | Objective | 4 | | 3 | Findings | 5 | | 4 | Conclusion | 12 | | 5 | References | 13 | | Introduction In spite of having a large publicly funded science and technology infrastructure and a sizeable education base, India has not been able to realize its innovative potential due to a fragmented innovation ecosystem. The government of India has taken many initiatives towards strengthening the innovation ecosystem, the most important of which are: i) the establishment of the National Innovation Council, whose mandate is to coordinate various innovation-related activities, and ii) the new Science, Technology and Innovation Policy 2013, which is intended to promote entrepreneurship and science-led solutions for sustainable and inclusive growth. This article describes the current innovation ecosystem and the challenges it faces, and it discusses the efforts made by the government towards the promotion of innovation. With the implementation of this new policy the early indications are that India is poised to take a big leap towards innovation-led......

Words: 3536 - Pages: 15

Premium Essay

Govt

...According to Henry Aaron and Gary Burtless the Affordable Care Act was “sought to expand health insurance coverage, slow the growth of health care spending, and improve the quality of care”. The U.S News states that “Proponents of the healthcare law say that in the long-term, the Medicaid expansion will save both state and federal government’s money while extending healthcare coverage to millions of lower-income Americans. Opponents say it is just another example of government overreach and that it is up to the states to determine whether they can afford such an expansion.” But my question to you is do you actually believe this? Because I don’t. I have come across the best argumental FACTS to help you better understand the reason Rick Perry does not want to expand Medicaid. Researchers Laura Dague, Thomas DeLeire, and Lindsay Leininger argue in a National Bureau of Economic Research working paper that… “Noted in February that Obamacare’s Medicaid expansion would reduce incentives to work and have a modest effect on the overall supply of labor. While there is a debate in the academic literature about the effects of the Medicaid expansion on labor supply, that debate has tended to focus on parents who enroll in Medicaid, rather than adults without kids. Dague and her colleagues conclude that if the Medicaid expansion enrolls about 21 million additional adults, anywhere from 511,000 to 2.2 million fewer people will be employed. Furthermore, they argue that the Medicaid......

Words: 804 - Pages: 4

Free Essay

Questions

...Questions 1. Taking into account information above, what type of organizational structure does the company belong? Why? Please explain. Mechanistic vs Organic Grand Candy is an Organic company as there are few rules. There is also an informal communication. 2. What type of organizational design will better suit to this firm? a) Simple b) functional c) divisional d) team structure The organization use team structure design both in stores and factory. A team consists of professionals with various skills. According to company's CEO (chief executive officer Hovhannes Aidinyan) if one member of a team should be fired all team members should give an agreement. 3. What type of departmentalization does the company use in the factory? a) functional b) customer c)process d)product In the contrary of stores and cafes the factory creates teams using a product departmentalization. It is necessary as and most suitable way of departmentalization as company produces more than 400 products. Questions 1. Taking into account information above,what type of organizational structure does the company belong? Why? Please explain. Mechanistic vs Organic MTS uses mechanistic organizational structure. First of all it is very big for being organic. Which is characteristic for mechanistic organizations, it has many rules, formulized communication channels in order to manage behavior and performance of huge amount of employees. According to changes given above,...

Words: 481 - Pages: 2

Premium Essay

Texas Govt

...Chapter 1 questions 1 Both Locke and Hobbes believe that people need a system of government to live properly and to have a working society. However, Hobbes believes that without a form of government, specifically a monarchy, humans would act like animals in a "state of nature", while Locke believes that humanity is born "equal and with natural rights" and are governed only because of their contract of consent and have the power to change the government if it breaks the people's contract.  Locke's theory had a more direct impact on the American system of government as one can see his work and ideas in not only the Declaration of Independence, "life, liberty, and property", but also in how the American government works as a whole. Although Hobbes' Leviathan does not play a key role in our government in the sense of an "all-powerful" government, his idea that people need a single ruler to govern to "guarantee the rights of the weak against the strong" was implemented in the creation of the executive branch of the American government system. 2 Locke's ideas and theory shows up all throughout the Declaration of Independence. Three examples of this are: "all men are created equal", "endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness", and "Governments are instituted among Men, deriving their just powers from the consent of the governed". These three quotes are directly related to the theory......

Words: 687 - Pages: 3