Ahh, that sounds good man but you better get studying haha. Your maths exam sounds exactly like the HSC haha. Ours was hard throughout the paper, except for like the first question haha. How was your eco exam btw? What was the extended response?
Fixed exchange rate system - ER set and maintained by government or one of its agencies e.g. Reserve Bank
Flexible exchange rate system (dirty float) - exchange rate is set by the market forces of demand and supply
Managed exhange rate system (clean float) - exchange rate rate is set by the...
.. anyone go to it?
i know, should've made this thread before asking if anyone was going.
For those who went, how did you find it ? Valuable, waste of time/money? etc
Factors which cause shifts in the supply curve for exchange rates include:
* current transfers made out of australia
* tourists travelling overseas
* people buying goods from overseas
* decisions to invest overseas
* overseas payments for interest and dividends
You only have one exam? Yeah, the second topic is alright haha just tell him/her to go over it, it shouldn't be a problem :) thanks a lot man, hopefully i can keep it up haha
sup obsene. Eco's going alright haha. The second topic isn't too bad, i prefer the first though. My half yearlys are in week 9 and 10, gotta start studying soon haha. I went alright in the in class essay - 15/20, ranked equal first haha.
What bout you man, when are your half yearlys and how...