Weird CPI hsc question (1 Viewer)

[enigma_1]

Heyy guys how do you do this question 7 in multiple choice?
Thanks and will rep

http://www.boardofstudies.nsw.edu.au/hsc_exams/hsc2010exams/pdf_doc/2010-hsc-exam-economics.pdf

 

[seventhroot]

I think it will be B) Health because it is has the highest expenditure

 

[elkedag]

Food has a 10% increase and is weighted at 30%, so it contributes 3% toward total CPI increase (10% x 30%)
Health has a 30% increase and is weighted at 10%, so it contributes 3% toward total CPI increase (30% x 10%)
Housing has a 25% increase and is weighted at 15%, so it contributes 3.75% toward total CPI increase (25% x 15%)
Clothing has a 20% increase and is weighted at 20%, so it contributes 4% toward total CPI increase (20% x 20%)

So the answer should be D

 

[mreditor16]

Food has a 10% increase and is weighted at 30%, so it contributes 3% toward total CPI increase (10% x 30%)
Health has a 30% increase and is weighted at 10%, so it contributes 3% toward total CPI increase (30% x 10%)
Housing has a 25% increase and is weighted at 15%, so it contributes 3.75% toward total CPI increase (25% x 15%)
Clothing has a 20% increase and is weighted at 20%, so it contributes 4% toward total CPI increase (20% x 20%)

So the answer should be D

yep this!

 

[photastic]

Food has a 10% increase and is weighted at 30%, so it contributes 3% toward total CPI increase (10% x 30%)
Health has a 30% increase and is weighted at 10%, so it contributes 3% toward total CPI increase (30% x 10%)
Housing has a 25% increase and is weighted at 15%, so it contributes 3.75% toward total CPI increase (25% x 15%)
Clothing has a 20% increase and is weighted at 20%, so it contributes 4% toward total CPI increase (20% x 20%)

So the answer should be D

Band 6, perf answer.

 

[mreditor16]

Band 6, perf answer.

lol not sure how you can allocate bands to multiple choice Qs.

you get it right or wrong. lol.

 

[photastic]

lol not sure how you can allocate bands to multiple choice Qs.

you get it right or wrong. lol.

Its probs a band 4-6. The common student would do what sevenroot did.

 

[Drifting95]

Its probs a band 4-6. The common student would do what sevenroot did.

The band for each question is in the marking criteria pdf

 

[mreditor16]

Its probs a band 4-6. The common student would do what sevenroot did.

yeh agreed!

 

[seventhroot]

Its probs a band 4-6. The common student would do what sevenroot did.

well I didn't do economics so I'd be happy with a band 4

 

[enigma_1]

Food has a 10% increase and is weighted at 30%, so it contributes 3% toward total CPI increase (10% x 30%)
Health has a 30% increase and is weighted at 10%, so it contributes 3% toward total CPI increase (30% x 10%)
Housing has a 25% increase and is weighted at 15%, so it contributes 3.75% toward total CPI increase (25% x 15%)
Clothing has a 20% increase and is weighted at 20%, so it contributes 4% toward total CPI increase (20% x 20%)

So the answer should be D

Thanks man!!

 

[photastic]

The band for each question is in the marking criteria pdf

No, doesn't have it but it doesn't even matter anyways.

 

[enigma_1]

What's the raw mark in hsc required for band 6 in eco?

 

[photastic]

What's the raw mark in hsc required for band 6 in eco?

Last year was 85 but just assume you need 90 to guarantee it.

 

[enigma_1]

Last year was 85 but just assume you need 90 to guarantee it.

Oh ok fair enough

 

[mreditor16]

What's the raw mark in hsc required for band 6 in eco?

usually it is very high 80s.

 

[photastic]

usually it is very high 80s.

Hoping its a really hard exam this year so that it aligns well

 

[enigma_1]

Hoping its a really hard exam this year so that it aligns well

noo if it's hard then I make heaps of mistakes in MC lol. But there's sort of a pattern with some papers being easy, then the next year it's hard. I think the 2013 paper was quite moderate.

 

[photastic]

noo if it's hard then I make heaps of mistakes in MC lol. But there's sort of a pattern with some papers being easy, then the next year it's hard. I think the 2013 paper was quite moderate.

Moderate!? Sweet, hard exam this year then, bring it.

 

[enigma_1]

Moderate!? Sweet, hard exam this year then, bring it.

just don't wanna get thrown off by it like that 2 unit maths exam did to everyone