1)Briefly explain why increased goverment spending may put pressure on interest rates to increase.
政府增加支出屬於擴張性財政政策,在凱因斯的理論中,擴張性財政政策會使得IS曲線右移。IS右移之後,產出會增加、利率會上升。
2)if there is an increase in the demand for money which threatens to increase the interest rates;what action does the Reserve Bank of Australia undertake to maintain the interest rate at the desired level?
如果有一個外生因素影響了貨幣需求,使得貨幣需求增加,貨幣需求增加使得利率上升,為了不使利率上升,澳洲央行可以採取什麼樣的方法?
央行可以有自主的權力影響市場中的貨幣供給量,所以可以藉由擴張性貨幣政策,增加貨幣供給、或是調低存款準備率、或是在公開市場中買入債券、釋出貨幣,這樣就可以使實際貨幣供給曲線右移、LM曲線右移,達到控制的利率水準.