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Contents contributed and discussions participated by Kat Whatley

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Kat Whatley

Inflation rate sinks to lowest since GFC - 0 views

www.smh.com.au/...-since-gfc-20120702-21bvc.html

shared by Kat Whatley on 15 Sep 12 - No Cached
  • Kat Whatley on 15 Sep 12
     
    My Macro Economics IA article. About inflation rates in Australia.
Kat Whatley

allAfrica.com: Nigeria: New Electricity Tariff Takes Off Today - 1 views

allafrica.com/...201206010242.html

electricity Micoreconomics Subsidies Monopoly

shared by Kat Whatley on 06 Jun 12 - No Cached
  • Kat Whatley on 06 Jun 12
     
    This will be my IA 1
Kat Whatley

Wesfarmers upbeat on retailing - 1 views

www.smh.com.au/...-retailing-20120530-1zjgy.html

shared by Kat Whatley on 31 May 12 - No Cached
  • cheaper, unbranded groceries were good for customers.
    • Kat Whatley
      Kat Whatley on 31 May 12
       
      These are inferior goods
  • ''Offering a choice of quality private label products alongside their favourite brands is one way Coles can help,'' he said.
    • Kat Whatley
      Kat Whatley on 31 May 12
       
      Given the option, consumers are willing to opt for the cheaper, unbranded version amid high economic costs.
  • Coles is ''supporting the creation of 10,000 new jobs by suppliers through volume growth'' - with $1.6 billion in extra fresh food sales per year and a doubling in the value of produce sourced directly from Australian growers.
    • Kat Whatley
      Kat Whatley on 31 May 12
       
      Shows economies of scale: Coles can sell cheaper because as a chain they can source from farmers directly. This lowers their costs of production and thus lowers consumer prices.
  • ...3 more annotations...
  • The strategy focused on improving the quality of Target's products and in-store services.
    • Kat Whatley
      Kat Whatley on 31 May 12
       
      Target is one of a few very large clothing stores in Australia. Like an oligopolistic market, Westerfarmers must use non price determinant factors to get more consumers.
  • The division has boosted food and liquor sales from $21 billion to an estimated $26.5 billion this year.
    • Kat Whatley
      Kat Whatley on 31 May 12
       
      Large gains in profit due to cheaper costs and more sales.
  • Several economists said the weak data strengthened the case for further interest rate cuts, following the ANZ forecast of another 0.75 percentage points in cuts by the end of the year.
    • Kat Whatley
      Kat Whatley on 31 May 12
       
      This is amid low growth rates for Australia. Suggests monetary policy as a solution.
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