Section I: Multiple Choice (1 Viewer)

Rafy

Retired
Joined
Sep 30, 2004
Messages
10,719
Gender
Female
HSC
2005
Uni Grad
2008
Post your thoughts and share your M/C answers here.
 

lolcal

buy my notes
Joined
May 8, 2008
Messages
228
Gender
Male
HSC
N/A
Multiple choice answers

I'm fairly certain these answers are all right:

1. D
2. B
3. D
4. B
5. A
6. D
7. A
8. C
9. C
10. A
11. A
12. D
13. C
14. A
15. C
16. D
17. A
18. B
19. C
20. B

what did you kids get?
 
Last edited:

lordesf

Member
Joined
Dec 25, 2006
Messages
320
Gender
Male
HSC
2008
Re: Multiple choice answers

Umm.... how did u even rmeber this? lol
i dont rmeber any of the Q so i dont even no wat the if i got anywhere close to wat u got...

but yeh a few Q i wasnt too sure about like 3?
 

joel p

New Member
Joined
Oct 30, 2007
Messages
2
Gender
Male
HSC
2008
Some pretty dodge multiple choice questions i thought. Most were easy but there were some really weird ones.

question 7 on the impact of an increase in aggregate demand when the economy is at the natural rate - I would say they we're all wrong, when employment is at the natural rate it means cyclical employment is zero and changes in aggregate demand only effect cyclical employment - hence no change in employment.

question 12, again they all had some elements of incorrectness. While i think the answer they wanted was D if you borrow from the private sector it forces domestic firms to borrow from overseas, worsening external stability.

Q 20 also pretty hard.
 

lolcal

buy my notes
Joined
May 8, 2008
Messages
228
Gender
Male
HSC
N/A
Re: Multiple choice answers

i wrote them down in my booklet because i had 10 minutes to check everything, how do you think?

3 is deffers d.
 

poisonives

coolest member
Joined
Oct 22, 2006
Messages
91
Location
Wahroonga
Gender
Female
HSC
2008
joel p said:
Some pretty dodge multiple choice questions i thought. Most were easy but there were some really weird ones.

question 7 on the impact of an increase in aggregate demand when the economy is at the natural rate - I would say they we're all wrong, when employment is at the natural rate it means cyclical employment is zero and changes in aggregate demand only effect cyclical employment - hence no change in employment.

question 12, again they all had some elements of incorrectness. While i think the answer they wanted was D if you borrow from the private sector it forces domestic firms to borrow from overseas, worsening external stability.

Q 20 also pretty hard.
i think D was wrong for question 12... the crowding effect is so obvious but who knows... i hope im right tho

i put down A) for quesiton 7... it was a toss up between a) and c) i have no idea.. honestly, what u said is right, how can UE go down? but then again... a) doesn't really make sense either grrrr
 

seano77

Walk On
Joined
Sep 17, 2006
Messages
462
Gender
Male
HSC
2008
Re: Multiple choice answers

I got all the same except 14 and 15. I thought 14 was A (producers and consumers dont pay the cost of the negative externality.) And I thought 15 was C (its a deterioration of Terms of trade so imports (commodities) rise quicker than exports (manufacturers.)
 

lordesf

Member
Joined
Dec 25, 2006
Messages
320
Gender
Male
HSC
2008
Re: Multiple choice answers

we didnt get to keep the booklet this time GAY!
 

lolcal

buy my notes
Joined
May 8, 2008
Messages
228
Gender
Male
HSC
N/A
Re: Multiple choice answers

shit i think you're right about 14, yeah, d is wrong.

and oops, 15 is c. that was a typo
 

munch0r

New Member
Joined
Apr 29, 2007
Messages
18
Gender
Male
HSC
2008
Re: Multiple choice answers

seano77 said:
I got all the same except 14 and 15. I thought 14 was A (producers and consumers dont pay the cost of the negative externality.) And I thought 15 was C (its a deterioration of Terms of trade so imports (commodities) rise quicker than exports (manufacturers.)
Yep 14 was A, 15 was C
 

Terlob

Member
Joined
May 6, 2007
Messages
164
Location
Wagga Wagga
Gender
Male
HSC
2008
Re: Multiple choice answers

1) D
2) B
3) D
4) B
5) A
6) D
7) C
8) C
9) C
10) A
11) A
12) B
13) C
14) A
15) B
16) D
17) A
18) B
19) C
20) B
 

seano77

Walk On
Joined
Sep 17, 2006
Messages
462
Gender
Male
HSC
2008
Re: Multiple choice answers

Cool so my answers:
1. D
2. B
3. D
4. B
5.A
6. D
7. A
8. C
9. C
10. A
11. A
12. D
13. C
14. A
15. C
16.D
17. A
18. B
19. C
20. B
 

johnyd7

New Member
Joined
Feb 6, 2007
Messages
2
Gender
Male
HSC
2008
Re: Multiple choice answers

Yeah Q7 Is the worst question... i got C... cauz how can unemployment increase... but then u never know.?..

What about 12.. has to be D.. Selling bonds to investors = Foreign Liabilties.. so yeahh
 

leoyh

mic`
Joined
Jan 28, 2007
Messages
447
Gender
Male
HSC
2008
Re: Multiple choice answers

i got all the same as lolcal
 

seano77

Walk On
Joined
Sep 17, 2006
Messages
462
Gender
Male
HSC
2008
Re: Multiple choice answers

With Q7 inflation means its more expensive for employers to hire labour.. as the price of labour increases demand slows. so unemployment increases. A.
 

Geohood

Member
Joined
Sep 1, 2007
Messages
61
Gender
Male
HSC
2008
Re: Multiple choice answers

12D would crowding out effect though wouldn't it?

This multiple choice test was the most confusing I've ever done.
 

lolcal

buy my notes
Joined
May 8, 2008
Messages
228
Gender
Male
HSC
N/A
Re: Multiple choice answers

yeah okay, that's what i was thinking with 7. thank fuck i got it right. answers in the top post are all correct now.

wah, 18/20.
 

pdoueihi

Member
Joined
Oct 27, 2007
Messages
61
Gender
Male
HSC
2008
i got
1D
2B
3D
4B
5A
6D
7C
8C
9C
10A
11A
12D
13C
14A
15C
16D
17B
18B
19C
20B
 

christiina.h

New Member
Joined
Aug 12, 2008
Messages
15
Gender
Female
HSC
2008
Re: Multiple choice answers

what was the one with the diagram and the increase in the domestic price?? i can't remember what question number that was, my friends said it was the subsidies one because i put the quota one but does a quota have a straight line down instead
 

Users Who Are Viewing This Thread (Users: 0, Guests: 1)

Top