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Catholic exam (2 Viewers)

SoCal

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Originally posted by Newbie
is it public library?
or private?
whats pic?
Not matter what, you still have to pay for a public library card:).
 

SoCal

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Originally posted by mgrewal
omg, i havent done the exam yet mine is next week, was it really that hard?

im gonna die i dont know anything
Are you doing the CSSA test? If so, it is not that hard, except for the extended responses but I always go bad in them anyway:rolleyes:.
 

Newbie

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well that was what i was confused about
i didnt have to pay for mine :)
 

SoCal

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Originally posted by Newbie
well that was what i was confused about
i didnt have to pay for mine :)
So which answer did you end up writing down:)?
 

AGB

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i put street lighting.....it was the only answer that was a pure public good (in my opinion anyway....)
 

Minai

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yes
It would be street lighting, because it comes closest to being both non-rival and non-excludable
 

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Originally posted by Minai
yes
It would be street lighting, because it comes closest to being both non-rival and non-excludable
Whatever that means. Anyway, someone could argue that you have to pay for street lighting through your taxes couldn't they:confused:?
 

PG5

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btw, from what i remember, option d. wasn't the library....
i think the option was d. a toll (something like that)

i picked street lighting
 

AGB

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yeah i thought (d) was a tollway as well...

Originally posted by Merethrond
Whatever that means. Anyway, someone could argue that you have to pay for street lighting through your taxes couldn't they:confused:?
but if some average joe comes along...u cant stop him from benefitting from having streets lit...if i went to queensland tonight, they cant just turn off all the street lights because i dont pay for them...
 

AGB

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nsb?? im not from there
 
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Rand

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Yeh, AGB is from Knox...rich boy :)

The answer of course was street lighting, which was so obvious I dont know why they asked it.

The hardest Question in the paper was the "How does microeconomic reform complement macroeconomic policy?"

What did you guys put?

Hehe I had a mental block, just said that it affecdts the AS side of the economy, tahat macro is ineffective against. I also said that it is a long term solution, and by improving productivity, and skill levels in Australian industry through restructuring processes, they are improving Australian international competition.

Is it just me, or does everyone else hate the Catholic Trials with a passion? :)
 

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ummm

macro policy' is aimed at stablisation and will not effectively achieve and improve economic objectives and macro does not guarantee positive changes on an industry level, especially on technology and skilling and export performance
and that trade liberalisation & structural adjustment will always centrepieces for long term economic development in our globalised economy
 

PG5

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Our teacher crossed that question off from our exam because we've only started topic 4. So yeh, she changed the question with easier questions on which country has a comparative adv. on a good... lucky for us!
 

jon117

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What was the answer to question 11... the one about the gst being applied to previously untaxed goods?
 

AGB

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Originally posted by Rand
Yeh, AGB is from Knox...rich boy :)
dont be mean........

anyways, im on a scholarship, thus not a rich boy
 

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