Section I - Multiple Choice (10 Viewers)

[DMT92]

sorry man. my answers are
a d c b a d c a a d b c d a c b a d a a . can sum1 give me my score??

 

[Justin123456789]

CAN SOMEONE TELL ME WHAT I GOT OUT OF 20
my answers are:
a
d
c
b
a
d
c
a
a
d
b
c
d
a
c
b
a
d
a
a
Thanks in advance. congrats guys.... we did it!!!

15-18, give and take..

 

[DMT92]

15-18, give and take..

which onew were wrong

 

[absorber]

crowding out effect relates to govt borrowing domestically, not from overseas

 

[madsam]

If anyone cares, here's my answers:

1 a
2 b
3 c
4 b
5 a
6 d
7 c
8 a
9 a
10 d
11 d
12 a
13 d
14 a
15 c
16 b
17 a
18 d
19 b
20 d (A is correct)

 

[absorber]

You're sure A is correct for 20? Awesome if it is

What's the answer to 16 anyone?

 

[DMT92]

If anyone cares, here's my answers:

1 a
2 b
3 c
4 b
5 a
6 d
7 c
8 a
9 a
10 d
11 d
12 a
13 d
14 a
15 c
16 b
17 a
18 d
19 b
20 d (A is correct)

U defianetley got q2 and 12 and 20 wrong. U probs got 15-17.
Why would q11 be d and not B. cant they both theoretically be correct.

 

[DMT92]

You're sure A is correct for 20? Awesome if it is

What's the answer to 16 anyone?

16 is defianetley B

 

[absorber]

1. It's most correct answer.
2. is B and not D.
3. question 11 the answer is C or D. B doesn't make sense, if an appreciation occurs then terms of trade improve.

 

[Benskies]

yeah 20 is definitely A, 16 definitely B.

lmao at la bomba though! base year for CPI calculations is ALWAYS 100, irregardless or the previous year's CPI. 12 is C.


11 really threw me off though. Was tossing up between C and D and eventually put C. then halfway through short answer i just changed it to D.

CONGRATULATIONS EVERYONE ELSE WHO JUST FINISHED THE HSC!!!!!!!!!!!!!!!!!!

 

[madsam]

appreciation of AU doesn't lead to an increase in inflation, imports will become relatively cheaper and so it will lower inflation, so not C

11 = d

and for 12, CPI calculations

(CPI (Current Year) - CPI (Previous Year))/CPI (Previous Year)

So 12 is A mawfucker

 

[Justin123456789]

If anyone cares, here's my answers:

1 a
2 b
3 c
4 b
5 a
6 d
7 c
8 a
9 a
10 d
11 d
12 a
13 d
14 a
15 c
16 b
17 a
18 d
19 b
20 d (A is correct)

i got the exact same as you except:

10. i put B
11. C < which i think is wrong lol

 

[madsam]

well, for 10 resource allocation doesnt improve when you impose tariff

All government protection is just a distortion of market equilibrium, soz brah

 

[Justin123456789]

well, for 10 resource allocation doesnt improve when you impose tariff

All government protection is just a distortion of market equilibrium, soz brah

i actually think the answer is not b or d, but rather A LOL.

oh and 20 i put a.

 

[untitled....]

Nominal GDP HASNT been adjusted for inflation. So, dont you have to figure out the inflation rate and multiply it by the original GDP so you can figure out the impact of inflation? And then you find it's $6924, which is greater than 6800.

 

[Justin123456789]

1. It's most correct answer.
2. is B and not D.
3. question 11 the answer is C or D. B doesn't make sense, if an appreciation occurs then terms of trade improve.

hmm question 11 was weird.

cause b, exports become more expensive and harder to sell when our dollar appreicates.

 

[Rocket Man]

i suck but i hope i passed
1. c
d
c
b or a i didnt mark it
5.a
c i think i put but i marked d
c
a
a
b
b
a
c
a
c
a
d
d
d
a

i hope to get 15/20

 

[La Bomba]

madsam you are hektik mate. i agree 12 is (A) bro.

 

[bell531]

Someone should post up the multiple choice questions, I have no idea what you guys are referring to.

 

[FuseNick]

12 is C
20 is A
11 is B