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University Open Polytechnic(OP)
Subject FSC521: Financial Services Industry

Part A: Global Influences and the Business Cycle

  1. Identify the phase of the business cycle that the New Zealand economy is in
  2. Identify the phase of the business cycle that the New Zealand economy might move to once the overseas country implements its policies. Describe two points about that phase
  3. Describe the effects of the policies of the overseas country on two Financial Services sectors in New Zealand.

Part B: Fiscal Policy and Monetary Policy

  1. Explain what action the New Zealand government may take and the intended impact of that action.
  2.  Explain what action the Reserve Bank may take and the intended impact of that action.
  3. Explain the impact these actions would have on two Financial Services sectors.

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