Recent content by dwhelan

Hey, just wondering if anyone can explain these two HSC multiple choice questions to me: 2002 Q19. If Y = 200, C = 50, I = 20, G = 40 and M = 30, what is the value of exports? (A) 60 (B) 110 (C) 120 (D) 140 2003 Q8. What is the equilibrium level of income if C = 100 + 0.8Y and I = 40...

Well done! Thanks for putting up your solutions. I got pretty much the same as you. Except I think 4)c)iv) asked for the major sector, and you found the minor sector. Also, for 7)b)i) you used an Extension 1 method didn’t you? It took a bit longer than necessary, but you got the right answer, so...