Wednesday, March 03, 2010

Unit 2: Tightening monetary policy at work in Australia

A great little clip from the BBC

http://news.bbc.co.uk/1/hi/business/8545561.stm

Anforme write on the same topic

http://www.anforme.co.uk/blog/?p=1215

a) Using an AD/AS diagram, explain the likely effects of raising interest rates on the Australian economy

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