Recent content by kevin3314

  1. K

    HELP! what are the effects that the bop and exchange rate have on eachother

    There is a diverse range of effects that can be caused by a change in e/r e.g (depreciation in a currency ) 1. Exports are more internationally competitive but Imports are more expensive(BOGS Improvement) 2. The services sector will experience greater revenue from inbound tourism since it is...
  2. K

    question about the exchange rate

    Yes, this is true but another way to understand the concept is that because there is increased supply and assumed that demand is held at the same level(Theoretical situation.) This means that by supply and demand, the equilibrium point will fall -> Price of exchange falls(E/r)
  3. K

    Actuarial studies or electrical engineering?

    Also, consider what you will take for year 11, you need 12 units so at least 3 more units from somewhere(I would recommend an HSIE subject [Maybe business but it's content-heavy as well as on top of eco] or chem/bio.)
  4. K

    Actuarial studies or electrical engineering?

    2U = Advanced(Most likely) or standard Extension 1 equals 3U(i.e. 2U+1U=3U) Extension 2 equals 4U(i.e. 2U+2U) :)
  5. K

    Perms and Combs HSC question

    2C1*(3C1)^(2)*3 = 54 When Toyota goes through the gate, they have 2 choices[Either manual gate](2C1), the other cars have 3 choices[Either automatic gates](3C1) and since two cars, it must be squared i.e. (3C1)^2 Since for all three cases, it is the same, just multiply by 3
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