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go high! =P

nairu is calculated as follows Nairu = 5% + (current unemp rate - 5%)/2 therefore atthe moment the Nairu is 5% + (5.6-5%)/2 = 5% + 0.3% = 5.3%

Other things being equal, what will be the resulting increase in income for an economy that has a marginal propensity to consume of 0.6, if investment increases by $10 million? A $6 million B $10 million C $25 million D $60 million now the answer is C, but...

yeh that Prices and Incomes comes into it to a certain extent.... wage tied with production....

its under the economic management part of the course Ecologically sustainable development - defined in the Brunstadt report as "... development which meets the needs of present generations without compromising the needs of future generations.' basically it revolves around the preservation...

it depends on the supply side... High taxes and heavily regulated markets have an unhealthy effect on savings, investment and incentives to work. by lowering these, AS will increase causing unemployment fall and growth to rise. As it is the supply that increases, AS will grow faster than AD...

IMF in our trials they gave us a short answer on all these things - it was hell.. i mean its easy but trying to write a 5 mark answer as to what the role of the world bank is when its defined in like 1 sentence in textbooks! argh!

the thing u have to consider is that the govt will want it to drop a little anyway, because it means that there is less room for growth.. its always good to have some unemployment

its a drug u take when u study economics:P nah - its Ecologically Sustrainable Development

i generally define every second word.... just so i can get a good lot out of it... and they cant mark what i write wrong... they just read it and think "well he understands it.. it covers the syllabus... 17/20" or so

If a question comes up on internal stability (what im kind of predicting seeing as external was asked about 3 times in the last 2 years) what does one mention? Is is just low unemployment and low inflation?? Does economic growth come into it in terms of a policy objective?? dankeshon!

basically, if interest rates increase we will attract more foreign investment, casuing demand for the dollar to increase causing an appreciation... as our interest rate differential with the USA is about 4% higher then them, we will attract more savings then them, causing our dollar to...

u dont need to know... its not a good choice for case study.. the only place ud mention it would be in an exchange ratse question.... as our interest rate differential is 4% higher...

it doesnt matter if u dont udnerstand it - its just made that way!

yeh thats fine as far as i know remember to mention any sort of... natural disasters that may have had an impact or whatever as well.

the best thing for you to do, would be to really make the most of what you know, think about the multiple choice and short answers productively etc... and u shood be able to get around 40/60 at the lowest if u know simple concepts etc... put something down for every answer, and if ur not sure...

dont those top two increase demand... not lower supply?? altho yeh same thing basically

trust me, i know sum1 that was able to do commerce with a UAI of just above 80 because they came from aboriginal background, had recent family death and had state sporting commitments that affected his studies and he didnt get a scholarship for sport if thats what ur thinking

nah she wont be gong i dont think so ull have to do =P

Tastes good but...