You are an independent business economist. The Reserve Bank of Australia and the Commonwealth Government of Australia have approached you for your recommendations on whether the various grants from the federal government as economic responses to COVID-19 would help revive the Australian economy.
Task
You are required to mention all the grants. Assess in detail at least four federal government grants. Compare these with similar grants offered in another country (which you may choose). You can obtain the information from official or academic sources; a few of them are mentioned below. You should obtain information from other sources in addition to the ones stated below.
(a) Australian Bureau of Statistics
(b) Reserve Bank of Australia
(c) Multinational agencies (e.g. the World Bank, the United Nations, the International Monetary Fund, or the OECD).
(d) Treasury.gov.au
Report Structure
Executive summary (250 words): (5 marks)
This section should include your essential findings and your key recommendations.
Macroeconomic performance (1,500 words): (25 marks)
a) Explain the current state of the Australian economy. Analyse how the growth of the Australian economy has been affected by COVID-19. Analyse the impact of the four federal grants (you have chosen) on the performance of the Australian economy. Use relevant statistical data, graphs and diagrams to support your arguments. (10 marks)
b) Explain whether your chosen country has similar grants. Compare and contrast whether Australia and your chosen country have benefitted from grants. Explain whether or not the grants have affected aggregate demand and aggregate supply in Australia. Use relevant statistical data, graphs and diagrams to support your arguments. (15 marks)
Conclusions and Recommendations (750 words): (10 marks) What further recommendations would improve Australian economic growth, using the macroeconomic concepts covered in this course? These recommendations should be in addition to what has been discussed and should demonstrate your understanding of macroeconomic concepts.
Since all our papers are written from scratch, the papers we submit are plagiarism free and we strictly adhere to lecturer’s instructions. Our writers are highly qualified from all over the world and include graduates and professors from most of the largest and known universities in the world. Once you have assigned us your assignment, we select the most qualified and reliable writer to handle your assignment.
Unlike other writing companies, we encourage clients to draw back their money at any stage of the writing process if they experience any uncertainties with the quality of generated content. However, you will hardly have to make this decision because of our business approach that suits your needs.
We have an advanced plagiarism-detection system that flags any work that fails to meet the required academic expectations. Our company thrives in honesty, and as such, you will be guaranteed to achieve a paper that meets your expectations.
At homeworkpaper.org we have online agents that you can chat with to have your assignment taken care of with the little remaining time. Also, we have professional academic writers who will work on your assignment providing you with a high-quality paper at the same time. We can take care of your urgent assignments in less than 5 hours.
We uphold confidentiality and privacy through our interactions with clients, an aspect that has enhanced our relationship with prospective customers seeking for assignment help. We do not disclose your information with third-parties; neither do we share your work with any other person apart from you.
We do not resell previously-done tasks delivered to other clients. When we deliver orders to our clients, we safeguard their privacy and confidentiality by ensuring the third party does not access the work. By writing the papers from scratch, we have managed to maintain a certain level of originality, which defines our business model. Our qualified editors proofread all submitted work to eliminate mistakes that can interfere with the credibility of the assignment.
