If goverment support for the aged care workers’ pay
case in the Fair Work Commission, and a commitment to fund
the
outcome.
What will happen for the following :
a) The impact of Labor’s proposed aged care package on the
demand of aged care services: (i) changes in
demand; (ii) changes in quantities demanded, in the short-run, and
in the long run, respectively.
b) The impact of Labor’s proposed aged care package on the supply
of aged care services: (i) changes in supply;
and (ii) changes in quantities supplied, in the short-run and in
the long-run, respectively.
c) The impact of the proposed aged care reform on employment in the
aged care sector and flow-on effects on
other sectors (be specific on these sectors) based on your analysis
in a) and b).
d) The “winners” and the “losers” in the aged care reform as
recommended by the Royal Commission, from the
perspective of business activities, in view of your analysis in a),
b) and c).
e) Specify ALL your assumptions and their limitations where
appropriate.
If goverment support for the aged care workers’ pay case in the Fair Work Commission, and a commitment to fund the outc
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