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  1. Jago

    Economics HSC Marathon

    BOP - a record of all transactions between australia and the rest of the world over a period of time the CA(i assume you meant CA and not the CAD) records the flow of goods and services, incomes and transfers in and out of australia the CAFA records the flows of investment and finanace...
  2. Jago

    Quick questions

    there's the current account, and the capital and financial account A certified agreement is a written collective employment agreement that sets out the wages and working conditions for a particular group of employees, whereas Australian Workplace Agreements are individually negotiated...
  3. Jago

    accounting and outcomes

    it's in fiscal policy
  4. Jago

    Economics HSC Marathon

    1. increase in productivity --> more goods produced --> cheaper goods --> increased domestic spending --> thus achieving an increase in GDP and thus economic growth or increase in productivity --> more goods produced --> cheaper goods aka more competitive exports --> reduced CAD -->...
  5. Jago

    accounting and outcomes

    The Commonwealth government’s Budget includes two measures of the budget outcome, which are the results of differing accounting methods: - The underlying cash outcome is calculated as total revenue less total outlays plus net advances. Net advances are one-off items such as purchases and sales...
  6. Jago

    Economics HSC Marathon

    Economic growth the ability of a nation to satify the material wants of its people. Economic development on the otherhand is a broader concept, not only considering the increase in GDP over time but also the improvement in the welfare and standard of living of the population. What are the...
  7. Jago

    Income inequality causes

    1. when Y = C + I + G + X - M 2. deal with one, then the other (during the 1970s the govt targetted inflation management before unemployment)
  8. Jago

    statistics

    also, 13 11 12
  9. Jago

    Economics HSC Marathon

    - Economic growth and uncertainty - Wage-Price inflationary spiral - Income distribution, as those with lower incomes find that their incomes do not rise as quickly as prices, and lower incomes will tend to have a harder time paying off their borrowings. - Unemployment (phillips curve)...
  10. Jago

    help with extended response

    tariff, quota and the subsidy graphs
  11. Jago

    helpppp

    Oh, that would make more sense.
  12. Jago

    helpppp

    the full equation is Y = C + I + G + X - M
  13. Jago

    Multiple Choice help

    yeah i do, but it's basically the one in the leading edge model answers. same country and everything. actually, it's exactly like the one in the booklet. almost word for word :p
  14. Jago

    Multiple Choice help

    Yes nosadness i believe so.
  15. Jago

    Multiple Choice help

    q3 seems to be a "contract", they're not going to get a % of all profits Edit: for 1, selling govt securities would reduce the money supply in the economy and thus avoid inflation. so it seems to make sense.
  16. Jago

    helpppp

    http://community.boredofstudies.org/showpost.php?p=620063&postcount=2
  17. Jago

    Multiple Choice help

    2nd one: C, because perfect competition is not always desirable (economies of scale) 3rd one: i originally thought it would be D, but seems to be more suited to the income section of the CA, so A. i really can't answer the first question as i suck at topic 4 really hard and i haven't got...
  18. Jago

    Hi people, i'm new to the forum and about to start year 11.

    Physics isn't Physics. It's more like a humanities loosely based around a mathematical /scientific course
  19. Jago

    How to BS in eco?

    I think you can bs a bit in maths, esp with those prove questions :p
  20. Jago

    who's got a shit legal teacher?

    Change class/drop legal/compain/study by yourself
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