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  1. aanthnnyyy

    How to approach extended responses?

    If we are linking Exchange Rates with the CAD would it then be reasonable to say how an appreciation and depreciation both deteriorate it. Because they work both ways I.e. Depreciation - valuation effect (short term) but also Appreciation - imports > exports (long term) Unless this does not...
  2. aanthnnyyy

    2015ers Chit-Chat Thread

    I think we're all just worried about the essays tmrw :(
  3. aanthnnyyy

    Economics- HSC Essay predictions 2015

    By the time Drifts predictions are up the HSC is already written. I'm pretty sure they are written around April when we got our timetables and no change happens after that. I could be wrong and they could be done b4 trials but ye everything is final. That's why if say there was a GFC that hit...
  4. aanthnnyyy

    How to approach extended responses?

    Like labour market reforms?
  5. aanthnnyyy

    CAD and financial account question

    - define each component - draw relationship and elaborate relationship I.e. Curr + cap and fin = 0 and so fourth
  6. aanthnnyyy

    How to approach extended responses?

    yeh basically, throughout the whole structure when I talk about different points and integrate e.g. Early 2000s resource boom... GFC... Post GFC... Now
  7. aanthnnyyy

    Help- miscellaneous questions on eco

    1) trading blocs slow free trade because it redirects trade away e.g. UK and Australia before EU- australia now shifted trade towards asia 2) it says 'most likely', and so the likelihood of depletion is greater than resolving environmental issues because of 'economic convergence' where...
  8. aanthnnyyy

    How to approach extended responses?

    While we're on the topic of extended responses. Does anybody feel like eco essays become a timeline when you write or are my just doing something horribly wrong
  9. aanthnnyyy

    HSC 2015 Economics Marathon

    Re: 2015 HSC Economics Marathon I thought they were virtually the same thing except NAIRU is only zero cyclical unemployment with frictional and structural factors while the Natural Rate is full employment with frictional structural long term etc (the whole lot)
  10. aanthnnyyy

    How to approach extended responses?

    I don't have a huge arsenal of stats but I got the basic standalone package (ie. Rba snapshot) and a couple others to tie in with my responses, though these ones are mostly linked with effects e.g 4.25% cut cash rate @ GFC
  11. aanthnnyyy

    can't do this mc question

    The answer is (A) because if there is an increase in the supply of the dollar it suggests there is capital outflow. Since Australians are spending more on foreign assets they must exchange the dollar and hence increase supply of dollar. In turn this will actually put downward pressure on dollar...
  12. aanthnnyyy

    HSC 2015 Economics Marathon

    2015 HSC Economics Marathon Market failure occurs when the price mechanism does not take in to account the social costs of production. Hence due to this marginal social cost attached, resources are not allocated efficiently with output increasing and prices falling. Edit: such as the absence...
  13. aanthnnyyy

    How to approach extended responses?

    What about linking statistics and current issues, do you guys just place it wherever relevant (e.g talking about the issue -> refer to some trends -> link in some events) or would you guys specifically include current issues such as post gfc and tie it in when you're talking about policy...
  14. aanthnnyyy

    2011 hsc #13?

    English had toyed with us all its alg
  15. aanthnnyyy

    2011 hsc #13?

    find MPC : ie 90/150= 0.6 and then simple muktiplier K (1/(1-MPC)) equals 2.5. 2.5 x 40bn = 100 and add to year 2 national income. Hence (c) 400bn
  16. aanthnnyyy

    HSC 2015 Economics Marathon

    Re: 2015 HSC Economics Marathon Identify one cause of an increase in the labour force participation rate and briefly explain two economic effects of this increase (3)
  17. aanthnnyyy

    HSC 2015 Economics Marathon

    Re: 2015 HSC Economics Marathon Monetary policy is considerably effective in addressing an economic downturn. Through the manipulation of the cash rate, the RBA can help recover from an economic slowdown through open market operations; by purchasing CGSs and repos to increase the supply of...
  18. aanthnnyyy

    General thoughts: English Advanced Modules Paper 2

    Loved the questions so generic and adaptable. For mod c did it say ONLY ONE or ATLEAST one related because I did 2 just to help strengthen my argument :/. Apart from that 2 whole booklets for each question ^^
  19. aanthnnyyy

    2015ers Chit-Chat Thread

    Good luck all, we will no longer have to bs our way through discovery essays in less than 24 hours
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