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Essay Details:
Essay text:
It function now is to provide a stable internal and
external balance under which the market can function. This is achieved through
the use 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:
1) The efficient and even distribution of income (though CSSB, tax)
2) Provide a limited range of goods and services (Aust post)
3) General economic management through macro and micro economic
policies...
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Common topics in this essay:
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- FUNCTIONS OF GOVERNMENT In Pubic policy
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