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Role Of Government In Mixed Economies Such As Australia
Part one of term paper
What role do governments have in modern mixed economies such as Australia? Using
appropriate indicators (macro economic aggregates) outline the present state of
the economy. In what ways is the Commonwealth government using fiscal and
monetary policies to influence the Australian economy? What are the main
features of the government's micro ...
Part two of term paper ... of fiscal, monetary and microeconomic reform.
Australia currently operates under a mixed economic system. This means that the
government has partial control over the economy and has the ability to influence
the markets. Recent moves by the government that shows the government's role in
the economy to be shrinking includes the privatisation of government business
enterprises (GBE) and deregulation of the financial market. The main roles that
the Australian government plays today are to ensure:
...
Word count: 1711 | Approximate pages: 7
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