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HSC short answer and extended response predictions. (1 Viewer)

Zak Ambrose

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2009
okay. so lets try to make some predictions.

now the exam is basically finished after the budget and around easter.
so i'm thinking around that time:

  • the budget was expansionary and went into deficit
  • maintaining economic growth was very important
  • there was a forecast of rising unemployment
  • the stance of monetary policy had changed dramatically
  • i cant remember what was happening with the exchange rate
  • the global economy was fucked apart from some of the NIE's [china, india etc]
  • i think there was that business about bonds factories moving offshore
  • inflation was sweet again
  • nobody cared of the dist. of Y
  • i cant remember if the ETS and all the enviro stuff was topical at that time
will post more soon.
 

FFC

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Exchange rate:

Hovered about 63-66 cents US during February and early March, then appreciated to mid-70's by middle of May, and then onto 80c from June 1 onwards.

As for TWI, similar story, starting about 53-55 through Feb and early March, appreciated to about 62 by mid-late May, and then slow appreciation since (hovering mostly between 63 and 67).

Other points to consider, Terms of Trade, Balance of Payments, levels of foreign debt....
 

random-1005

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okay. so lets try to make some predictions.

now the exam is basically finished after the budget and around easter.
so i'm thinking around that time:

  • the budget was expansionary and went into deficit
  • maintaining economic growth was very important
  • there was a forecast of rising unemployment
  • the stance of monetary policy had changed dramatically
  • i cant remember what was happening with the exchange rate
  • the global economy was fucked apart from some of the NIE's [china, india etc]
  • i think there was that business about bonds factories moving offshore
  • inflation was sweet again
  • nobody cared of the dist. of Y
  • i cant remember if the ETS and all the enviro stuff was topical at that time
will post more soon.

anything is possible, but there will definately be a fiscal essay (possibly tied with external stability), if there isnt i will be disappointed.

also hoping for the case study as one of the other two essays.
 
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