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Re: HSC 2015 4U Marathon Oh thank you, that makes sense now!!

Re: HSC 2015 4U Marathon Sorry, this is from this question awhile ago: A 3 metre string AB has a mass of 5kg attached at point B. The string is rotated in a horizontal circle about A and breaks as soon as it exceeds a speed of rotation of 45 revolutions per minute. Find the maximum...

Re: 2015 HSC Economics Marathon By introducing new government securities within the domestic market operations, the government reduces the amount of cash available in the Exchange Settlement Accounts for overnight loans, by trading the CGS for cash, thereby resulting in upward pressure on...

So as you said, CA + CAFA = 0 under a floating exchange rate, disregarding net errors and omissions. This is because under a floating exchange rate, the price mechanism is determined by the demand and supply of the currency which at equilibrium, should equal. This means that supply (we...

Just my 2 cents 1) Structural change is a sustained change in the ways goods and services are produced within an economy as a response to changes in technology and consumer demand etc. Microeconomic policy however are government policies that seeks to maximise efficiency, which is accomplished...

Oh you genius, thanks! That actually makes so much sense!

http://www.boardofstudies.nsw.edu.au/hsc_exams/hsc2009exams/pdf_doc/2009-hsc-economics.pdf http://puu.sh/kzh9H/c4bfd66104.png http://puu.sh/kzhaW/2f0b9bf3df.png For question 21a, can someone explain why the correct answer is food?

Does this mean that B is wrong? The ToT decreases stems from a higher proportional increase in import prices compared to the export price. Therefore, if there was an increase in import prices, there would be a deterioration in BOGS in the short turn leading to deterioration in CA. However, how...

Can someone please explain how exactly is import and export price index calculated. The Dixon textbook says it is the proportional change in the level of import/export prices. But from what I understand, ToT is a measure of the ability of an economy to pay for its exports based on revenue of its...

Can someone explain why option B and D is different. In reality, wouldn't B also depreciate the value of the currency, allowing for increased export competitiveness?