Recent content by Richard III

For Q11: Which of the following types of Ue is not affected by the rise in mining sector activity or the decline in manufacturing sector activity? a) Seasonal b) Frictional I'm wondering what we thought the answer was (and why?) This is m/c that stumped me.. Im leaning towards answer is...

Guess It depends on your answer.. I think band 6 response would require some kind of example.. If you talked about Australia and ESD I think you could probably get full marks

Okay yeah that's what I did, I was lucky my case study was china because that fits so well for the Q.

Isn't when the tariff is $10 the price is $30--> which is the equilibrium price (consumers only demanding 100 of domestic produce?).. and :. no Ms? :. Answer D?

There was no direct case study question right? Cant believe it :/ That must be the first year they've done that