JacktheChristian
New Member
- Joined
- Oct 21, 2020
- Messages
- 10
- Gender
- Male
- HSC
- 2021
1. I was so high during the test I chose public holidaysi wrote 7 pages for question 26 but only 4 for question 28 - completely didnt expect it now i think im fucked.
Im kinda unsure bout a few m/c though if anyone can help me :
1. the National Employment Standard one, i think all of they are correct aren't they? I picked the flexible work arrangement (D) cuz it s the longest lol
2. the negative externality of building a tunnel or whatever, i picked the one that says an increase in land value (C i guess) cuz i thought this is the only non-social effect..
3. the second last one about managing exchange rate ... I chose D (depreciate it using cash rate) even though i thought the central bank should depreciate it using foreign reserves, but you can't depreaciate the currency when the central bank buys it right?
4. The last fucking one, it took me ages but the only number i could get is 18.4% but ITS NOT IN THE OPTIONS! So picked 10.4% (B) cuz it looks most similar....
2. I did the housing prices too according to ppl on discord, its wrong
3. Don't remember what I chose for this.
4. Yes, it was 10.4% (which was C)
(125-115)/115*100 = 8.6% (this was inflation year 3)
108.6% of 250 = 271.74 (value of nominal GDP in second year after using inflation for 3rd year)
(300-271.74)/27.71*100 = 10.4%