Section II : Short Answer (1 Viewer)

Rafy

Retired
Joined
Sep 30, 2004
Messages
10,719
Gender
Female
HSC
2005
Uni Grad
2008
Post your feelings regarding the four short answer questions (Questions 21-24)

EDIT: If anybody is able to remember the questions or obtain a copy, please post the wording of them here (As we hand these questions in)
 

kouklitsa

Member
Joined
May 28, 2004
Messages
91
1 word: easy!!! loved it.. somewhat expected with the labour market stuff and the Gini coeff.!
 

vaniLLa_554

Member
Joined
May 3, 2004
Messages
120
Gender
Undisclosed
HSC
2005
i studied the labour market stuff last so it was fresh in my head :)

what did u get for that calculation? government revenue from the tariff? it was simple, i just think i made a silly mistake
 

DRAGONZ

You've Got A Friend
Joined
Dec 22, 2004
Messages
1,100
Location
Australia
Gender
Male
HSC
2005
Short answers were quite simple. I didn't even get a chance to look at micro policy at all (blame it on bad study habits) but I used business studies knowledge for the employment relations question!

vaniLLa_554,

You'd be looking at (50-30) x (15-10) = 20 x 5 = $100
 

Freaky

Member
Joined
Sep 27, 2005
Messages
43
Gender
Undisclosed
HSC
N/A
eaaaaaaasy :D

Multiple choice=hard, essays =medium, short answer= piss easy :D


I didnt study for labour market at all, i didnt need too.. thank god i did workplace in legal studies :D


Pretty much anyone who did workplace in legal had an advantage... oh well! Lucky us :D
 

_dhj_

-_-
Joined
Sep 2, 2005
Messages
1,562
Location
Sydney
Gender
Male
HSC
2005
Yeah that's what I got..

Kinda overkilled some of the short answers... wanted to make sure. Hopefully full marks for this section :)
 

minushuman

tafe pride
Joined
Nov 5, 2004
Messages
464
Location
Lake Bodom
Gender
Male
HSC
2005
Yep short answers were pretty pie, multiple choice there were a few cunts, essays weren't too bad.

I don't know why they sent out a memo advising social science head teachers to ammend the syllabus from "students should study an economy other then australia" to "students must study and economy other then australia" when it didn't appear exclusively as an essay question.
 
Joined
Nov 6, 2005
Messages
91
Gender
Undisclosed
HSC
N/A
some income n wealth, made load of crap, please at least get one mark, neva eva even seen a diagram like that in my life =-P ...
 

Pixydust*

Member
Joined
Dec 7, 2004
Messages
122
kinda pissed because i screwed up a dead easy question about the RBA and the echange rate and crossed out half my answer hwich was right....again :( i hope they read it
 

Kabeio

k.
Joined
Jan 11, 2005
Messages
557
Gender
Male
HSC
2005
Pixydust* said:
kinda pissed because i screwed up a dead easy question about the RBA and the echange rate and crossed out half my answer hwich was right....again :( i hope they read it
i think they only read ur crossed out answer, if u dont have anything else written, so ur probs fuked soz
 

Pixydust*

Member
Joined
Dec 7, 2004
Messages
122
ah well lol i wrote the whole thing then crossed out half of it - so atleast some of it is not crossed out...i may get like 1 mark. im gonna need it coz i made so many stupid mistakes in MC
 
Joined
Mar 16, 2005
Messages
154
Gender
Female
HSC
2005
Is the gini coefficient a measure of both income and wealth inequality or is it just one of them? couldnt remember so I said both.
 

Kabeio

k.
Joined
Jan 11, 2005
Messages
557
Gender
Male
HSC
2005
Lil Miss Karly said:
Is the gini coefficient a measure of both income and wealth inequality or is it just one of them? couldnt remember so I said both.
both i said
 

Skewl

New Member
Joined
Sep 22, 2005
Messages
22
Gender
Female
HSC
2004
i think i made the biggest mistake of my life...and i did it in multiple choice...i thought taht when interest rates rise and economic growth declines, this wud lead toa decline in exhange rate but apprently its the opposite howevere thats what i wrote..pls sumone tell me its partially not wrong.
 

Kabeio

k.
Joined
Jan 11, 2005
Messages
557
Gender
Male
HSC
2005
Skewl said:
i think i made the biggest mistake of my life...and i did it in multiple choice...i thought taht when interest rates rise and economic growth declines, this wud lead toa decline in exhange rate but apprently its the opposite howevere thats what i wrote..pls sumone tell me its partially not wrong.
hahaa thats what i used to think, until i found out that an increase in interest rates means more foreign invesmtent increasing $A
 

Skewl

New Member
Joined
Sep 22, 2005
Messages
22
Gender
Female
HSC
2004
i understand how it increases foreign investment flows but also otehr investors lose confidence in the economy and the overall downturn has to lead toa depreciation, personlaly i think it can be both lets jus hope the markers think so aswell.
 

believe2005

wtfbbq
Joined
Apr 16, 2004
Messages
15
Gender
Male
HSC
2005
Increasing interest rates to higher than overseas makes them more profitable, hence more foregn investors would demand more $AUD, thus appreciating it.

Can someone help me clarify one of the short answers, for the one about the currency movememnt of the AUD in relation to the US, was it appreciation or depreciation, personally i thought it was the former :/
 

forceblade

Member
Joined
Oct 1, 2005
Messages
87
Location
Sydney/ sylvania waters
Gender
Male
HSC
2005
Skewl said:
i think i made the biggest mistake of my life...and i did it in multiple choice...i thought taht when interest rates rise and economic growth declines, this wud lead toa decline in exhange rate but apprently its the opposite howevere thats what i wrote..pls sumone tell me its partially not wrong.
sorry to break it to you but its totally oppsite to what you said...
 

zelba

Member
Joined
Dec 3, 2004
Messages
45
Location
Sydney
Gender
Female
HSC
2005
Tariff

For the question on the proce with the tariff did anyone get $15????
 

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

Top