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There are some differences. In the short run a current account deficit will worsen with depreciation however in the long run it will improve since exports become more internationally competitive. Its the opposite with appreciation.

If its exchange rate and macro I will start dancing in the exam room.

-The government can target specific groups who are disadvantaged such as single parent families, low income earners, Aborigines etc. who are more socially disadvantaged and have special tax benefits given to them etc. (Give examples) -The use of superannuation although regressive in the short...

Don't say monetary policy. It has nothing to do with fiscal. You can actually expand on what knxd wrote and it will be a good couple of paragraphs.

Have to learn my case study. That's one thing that will be in the exam for sure.

Do you think this years paper might be harder since everyone thought last years was so easy?

Wouldn't that be an appreciation?

I am 100% screwed. I haven't written any practice essays FML I have done all the short answers from 2003-2010 though and the multiple choice. Gonna start a labor market essay now

Exchange rate Labor market Environment Balance of payments?

I know how you feel. I got about 55 in that exam. This really hurts...

I had a crappy economics teacher so I don't know much but I think statistics are a must for a good mark. I mean you do have the short responses to prove your knowledge and the whole point of the essay is to formulate an argument and then prove it using your statistics. e.g. you could say that...

These are the easiest.

OMG same I used the cos rule to find it and only realized at the last moment what I'd done. FML

but I figured it out after I left the exam room..

That question was actually really easy but I got it completely wrong in the exam.:cry: I think the answer was sinx= 7sin120/13 God I hope I pass.

Shit

Was this paper hard enough to warrant a rant in the SMH in tomorrow's news paper?

Question 14

I think for 2u its always 100/100

that low!?