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Economics predictions/exam thoughts (1 Viewer)

Hscbuzman

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It will likely be inflation and exchange rates in Q25. In Q26 probably protection and effects of Macro policies.
SHORT ANSWER PREDICTIONS: (Obviously not in this order most likely)
Q21 Ext Stability/CAD
Q22 Globalisation with 5 marks on case study (Development)
Q23 Labour Market policies/ UE
Q24 Environment
My predictions were all pretty good lol. 3/4 for short answer and 2.5-3/4 in the essays
 

Minecraft

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7 is defs not B. I think it would be D but none of them are that correct
7 should be B as lower unemployment indicates a higher demand for labour causing wages to increase. The rest don't make sense. D is wrong because wages are linked to productivity.
 

Hscbuzman

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7 should be B as lower unemployment indicates a higher demand for labour causing wages to increase. The rest don't make sense. D is wrong because wages are linked to productivity.

This article we studied in class and said it was trade off. I will email it to NESA maybe and we can argue that all answers are wrong. (FREE MARKS)
 

QWE-RTY

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How do you explain the reason for why question 18 is b?
 

Jezah

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Because a decrease in global interest rates compared to Australia would cause an increase in investment in Aus, increasing our TWI.
 

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