Recent content by pinkkate1406

isnt that what my nominal gdp formula does.... it accounts for inflation

i dont reli understand the maths ppl are throwing around but isnt inflation formula this: cpi current yr -cpi previous yr / cpi previous yr ??! but thats not even the maths u need for that q?? u need the nominal gdp formula which is nominal gdp x base yr/cpi ?? right?

i took a guess for that one. disregarding the cpi figure totally and just looking at their weightings hahaha put housing anyways. so hopefully

so 19 is d?? please say yes haha anyways. this is what i had: 1. a 2. b 3.c 4.b 5.a 6.d 7.c 8.a 9.a (not sure) 10. d 11. a (not sure) 12. c (now not sure after discussions in this thread) 13. d 14.a 15. c (i also thought d tho) 16. b 17. a 18. c( had no idea) 19. d 20.a

now i had 12c too..but accoridng to the other thread this is wrong. we alll got tricked. bloody BOS it is d because a because the nominal gdp calculation for year 2...the base yr number is 130...not 100! dammit

they have a 4 pager??

ooh i got caught on this one too. but its not at 2003, its from 2003. so gini is reduing... meaning more equal meaning they must have increassed welfare? does that explanation make sense

right. so it has decreased, meaning less allowed in.

like it has become morrre limited.

but because of limited supply, wouldnt that mean the quota (ie restirction on imports) has increased?

wait i just looked on the test yourself hsc q's and this one has been taken out...im guessing because it was confusingly worded?

hey guys in the 2006 HSC eco paper q7 says: wait it has a diagram so here is the link to it: http://www.boardofstudies.nsw.edu.au/hsc_exams/hsc2006exams/pdf_doc/economics_06.pdf can someone please explain to me why the quota has decreased, when i thought it had increased?

family was ok. did a workplace was eh. my essay was everywhere. but did b

3 booklets...... :|

i reli hope u get 14/15, with the answer of 7 being a not d. coz thats what i had! im pretty sure its a coz it can be changed by statute law