Table of Contents
Question 1...............................................................................................................................4
Question 2...............................................................................................................................4
Question 3...............................................................................................................................5
4. Has the Government targeted certain groups or demographics in these fiscal stimulus
package measures? Why do you believe the Government has targeted these particular
groups?...................................................................................................................................7
5. What other key macro-economic factors do you believe could be utilized in these packages;
or would be ‘important elements’ within this fiscal strategy to be successful?.....................8
6. What possible obstacles could the fiscal strategy encounter that will decrease or weaken its
effectiveness?.........................................................................................................................8
7. What are the consequences of such a large fiscal stimulus packages? Are they short-lived
and easily corrected; or are they more likely to have long-term effects?...............................9
8. Why is the fiscal package strategy (Keynesian policy) likely to have a greater positive
effect, than a strategy that relies more heavily on monetary policy (Classical policy)?......11
9. Has the volatility of the AUD affected the Australian economy? Do you believe it has had a
positive or negative effect and why?....................................................................................12
10. If asset prices decrease (or deflate), what impact is this likely to have on
consumers/investors; and the overall economy?..................................................................12
REFERENCES..............................................................................................................................13

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