ECON910: The National Macroeconomic Variables such as GDP Growth, Inflation - Economics Assignment Help

Assignment Task

Assignment 1: Project 
Read the article and answer the following questions 
“How risky is your industry? Industry risk when operating during the COVID-19 pandemic: Economics Spotlight, June 2020”  
By Monali Samaddar, Utkarsh Londhe, David Levin, Daniel Bachman Deloitte Insights: 8 minute read 26 June 2020 (Accessed on 07 July 2020) 
(a) Briefly summarise the main issues discussed in this article. What are the concerns  associated with COVID-19 and Industries in the United States of America? (250 Words – 05  Marks). Make some comparisons in Australian Industries (200 words – 05 Marks). 
(b) Use the national macroeconomic variables such as GDP growth, inflation, exchange rate and cash rate as the basis for describing the Australian economy over the last three years using quarterly or monthly data, and its likely development. This will be assessed according  to both data acquisition and analytical capacity.  
(c) Based on your data plots in part (b), provide reasons for the RBA’s move to cut cash rate.  Do you agree or disagree with the adopted expansionary monetary policy?  
In particular, explain the effectiveness of a cut in interest rate on boosting aggregate  demand (i.e. consumption and investment). (08 marks out of 60)  
Explain the role of government stimulus in increasing the effectiveness on boosting  aggregate demand. (07 marks out of 60) 
(d) Suppose that the exchange rate stabilises at US 69C per AUD. What actions could the  Reserve Bank of Australia take in order to bring the exchange rate to US 80C per AUD, and  what side effects might this action have on the housing market? (10 marks out of 60) 
Marking Guide: Please refer to the marking guide from Moodle for marking criteria and  question weights.  
Word Limit: 2000 words maximum. Provide word count (excluding references). Have  minimum 3 peer reviewed references. 
Submission Instructions: Submit your report in Week 8 online Via Moodle. Assessed work  submitted late will be penalised by the deduction of 10 percent of the maximum possible mark  for that assessment per working day or part thereof. 

This ECON910: Economics Assignment has been solved by our Economics Experts at My Uni Paper. Our Assignment Writing Experts are efficient to provide a fresh solution to this question. We are serving more than 10000+ Students in Australia, UK & US by helping them to score HD in their academics. Our Experts are well trained to follow all marking rubrics & referencing style.

Be it a used or new solution, the quality of the work submitted by our assignment experts remains unhampered. You may continue to expect the same or even better quality with the used and new assignment solution files respectively. There’s one thing to be noticed that you could choose one between the two and acquire an HD either way. You could choose a new assignment solution file to get yourself an exclusive, plagiarism (with free Turnitin file), expert quality assignment or order an old solution file that was considered worthy of the highest distinction.