Economics predictions??? (1 Viewer)

thomas mcnamee

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because if the official retirement age increased, more people would work hence the participation rate would increase. B is correct because if the official school leaving rate was increased, more kids would stay in school and not go into the labour market, decreasing the participation rate
ahhh shucks
 

notme123

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bro wtf was that question what did u say
i grad two years ago but reasons you could say are:
- comparative advantage of production
- increase standard of living and employment oppourtunities of a nation
- gain access to goods that are not available domestically, improve material wellbeing
 

carrotsss

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so could it be a strategy to go to the exam late by 30 mins and hope that someone uploads the paper ok this sounds dumb but u get less time but like still
teachers don’t get the exam until an hour in, which is past the point where you can come in late iirc
 

Trippzy

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i grad two years ago but reasons you could say are:
- comparative advantage of production
- increase standard of living and employment oppourtunities of a nation
- gain access to goods that are not available domestically, improve material wellbeing
makes sense. i said they trade on the basis of comparative advantage to export G/S they have CA in and import G/S other countries have CA in. i also mentioned about opportunity cost. you reckon that's enough for 3 marks?
 

moonbow

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u move the supply curve to intercept world price at 100 therefore the gap between the two lines is $10 if that makes sense
nawr i picked $10 then changed it to $5 cuz i got paranoid 🥲
 

TK123

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Guys, I accidentally wrote my second essay on microeconomic policy because I misread the question and I like microeconomic policy more, Do you guys think I'll be alright?
 

TK123

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I reckon I'll probably scrape a 15. The essay was really good. I also didn't answer the three 5/6 mark short answers, so I kinda need it to carry :cold: Thoughts?
 

notme123

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25 and 26 mightve been harder but 27 and 28 were way easier than last years since they were more routine and cookie cutter.
 

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