Socrative quiz Flashcards
monetary policy
The management of the cash rate
reasons against offshore processing of asylum seekers
- state 3 reasons VERY IMPORTANT
- it wastes of taxpayers money e.g. $1.1 billion per year
- some asylum seekers risk being sent back to their own countries and will be killed due to PNG not guaranteeing they will abide by the UN’s Refugee Convention rules
- PNG promised to process the asylum seekers and re-settle them but nothing has been done it is also a breach of the UN refugee convention which Australia signed in 1951( that states that we must accept all refugees regardless of how they got here)
- a large number of cases have been reported of abuse both physical and mental including rape
- poor living conditions such as medical neglect, familial separation and overcrowded housing. which is a breach of human rights
- children have limited access to education, sport and recreational activities limiting their future opportunities in terms of jobs but also fitness and mental health.
- it is discrimination to these people just because they arrived via boat.
- they live in terrible conditions with no idea how long they will be stuck there or if they will be sent home.
reasons for offshore processing of asylum seekers
3 reasons
- prevent risk of death by arriving by unsafe boats provided by people smugglers.
- to prevent overcrowding in detention facilities in Australia
- to secure Australia’s borders and create a fair and orderly migration
Why is separation of powers important to democracy?
- 4 points
-CB
- AP
- A
- IR and RoL
- prevents abuse of power
- allows for checks and balances between each branch of government
- accountable
- to protect individual rights and rule of law
- it prevents abuse by ensuring not just one body is in charge but separated into three groups. The other three groups can check on each other to ensure they are doing their job properly.
The governments target goal for inflation (price rises) is:
2%-3%
who signs the bills to make them into laws
Governor general
what happens when there is a boom
high inflation, low unemployment, high GDP growth, high interest rates
The governments target goal for continuous economic growth is:
3-4%
What caused a big improvement in GDP and inflation in 2008/2009?
Mining boom and government spending
when did GFC occur
2007-2008
The governments target goal for unemployment is:
4.5%
A trough is when the economy is performing very poorly and you are likely to see:
low inflation, high unemployment, low GDP growth, low interest rates
why should GDP growth each year
- increase in GDP leads to more investment which helps further grow GDP
- increase in population should cause an increase in GDP
- to improve overall wealth of its population GDP needs to keep growing
how is Australia’s court system similar to that of China’s
and why
- Entitlement to a representative in court
- Open trials
- Equality before the law
- Judges who hear and rule on the cases
In China there is favouritism towards anyone who is part of the central Communist Party so not everyone is equal in the eyes of the law.
what would the government do to increase spending during a trough or downturn?
- spend on public infrastructure
- decrease taxes
- increase social welfare
