Catholic exam (2 Viewers)

[>sweet candy<]

the economic catholic exam was so hard!!omg
anyone esle did it today?

 

[tooheyz]

yeah, i dont do eco but my friends said it was a HORRIBLE, HORIBLE exam...

 

[AGB]

yeah i did it today......didnt think it was that bad......i couldnt think of a second reason of why a subsidy was better than a tariff tho (the only one i had was that they were non inflationary)......but the big plus was that i had been writing a few essays on monetary policy - there hadnt been any questions on it in either of the last two hsc's or catholic trials in a major way, so i thought it would probably show up in this one - wot do ya know!!! haha...pretty lucky i guess

 

[jon117]

AGB subsidy better than tariff for preventing inflation as well as preventing the downstream effect for producers in the future. Not really that bad an exam at all.

Probably one of the easier ones for a while.

 

[Rand]

Hey guyz,

In that subsidy question, how much was the subsidy per kilo of sugar?

I put $4 coz I thought that $9 was the world price

What did yall get?

 

[Lord Ac]

i said $1.50, but had NOOO idea what it was on about. Few tricky multiple choice ... essays were expected and allright.

Ac

 

[>sweet candy<]

yeah i put 1.50 too i had no idea but my teacxher only have tauhgt us half the course
it was a fair exam but hard u really needed to know your shit

 

[Kharn]

I thought the exam was easy. Subsidies also allow the Industry to be internationally competitive wheras a tariff wouldn't help. I put $3 for that other question

 

[AGB]

the answer for that question was $4 ($13-$9)

 

[c00kiezncreme]

heyy guys ~
what was the essay questions on?

aww, u guys soo lucky that it is ova!! i dont think we're going to be using the catholic trial tho..

 

[Kharn]

Originally posted by c00kiezncreme

aww, u guys soo lucky that it is ova!! i dont think we're going to be using the catholic trial tho..

Schools that do the Catholic trial have to do it all at the same time.

Which explains my two exams on one day

 

[PG5]

Originally posted by AGB
the answer for that question was $4 ($13-$9)

are you sure about this?
because at $10 the quantity was a whole number and at $13, the quanity was one kilogram less. At $9, the quanity wasn't a whole number. The question asked was how much subsidy was paid per kilogram... so...? shouldn't it be ($13 - $10) per kilogram?

 

[jokesjokes]

/me crosses his fingers and hopes the answer is $3

i already fucked up the eco exam..i hope i dont lose another mark

can someone plz verify the answer?

 

[c00kiezncreme]

What were the Essay Q's on?!?

 

[skip to my lou]

fiscal policy and ummmm.....monetary policy....

and the last question was either impact of globalisation on internal/external stability in Aus or impact of globalisation on any other economy but aus (ie. your case study)

 

[jon117]

I got $3 - dont know where the 4 came from.
Equilibrium moved from 13 to 10

 

[SoCal]

Originally posted by jokesjokes
/me crosses his fingers and hopes the answer is $3

i already fucked up the eco exam..i hope i dont lose another mark

can someone plz verify the answer?

I put down $4 but I did not have a good look at the question because it was only worth 1 mark. I wanted to get through the paper.

 

[Tenax Propositi]

I put $4 ... i really hope that's the right answer!

 

[>sweet candy<]

dont say what the essay where on some ppl have not done it yet@@!

 

[AGB]

everybody has to do the catholic trial at the exact same time (which was on tuesday).......it is one of the conditions of schools doing them.......

if u look at the diagram i attached, the subsidy is represented by AB.....hopefully that will explain it........