Multiple choice answers right here.. (1 Viewer)

[prusso]

i agree with u on 17 and 14 but the others u got wrong disco dave

and v-tech dont be overconfident mate, quality over quantity anyday.

 

[Sweet_Lemon]

1) C, i didnt think IMF had any control over the forex market. but they did help developing countries with finanical problems and assistance

tat's World bank's thino~~~

 

[PhiL]

Yeh i got all of those answers but im pretty sure Q17 is B Because FL=FD + FE and in the first year:
FD + 90 = 150 {therefore FD = 60)

Second year:
FD + 250 = 300 {therefore FD = 50)
So i thought FD was in fact decreasing so it wasnt a so i but B).
THats my reasoning but someone will probably prove me wrong!

 

[disco_dave]

i agree with u on 17 and 14 but the others u got wrong disco dave

and v-tech dont be overconfident mate, quality over quantity anyday.

explain.... 15 has to be C, theres no other answer in there that net income could be. unless ommisions are a few million dollars that year!

 

[masteraal]

14B doesnt make sense...thats why i put it

export price/import price *100 gives u terms of trade
if export increases and import decreases obviously TOT goes up
it cannot by definition go down

therefore 14.A

 

[sgt]

ugh i'm stupid d for 6
i would like 15 to be C but masteraal convinced me otherwise
i still think b for 17... some1 back me up heh
i thought investment goes into capital account...20 A........ugh y not heh
ahh well 16/20 if those are right

 

[Shuter]

1) C, i didnt think IMF had any control over the forex market. but they did help developing countries with finanical problems and assistance

10) C (interest rates will increaser to tight ecomony and lower inflation... decrease in income tax rates [is that the percentage not the bracket??] which will encourage people to become employed, thus increase umemployment)

14) B, think this could have been which ever way you interpert it... i thought TOT will deteriorate becuase less exports will be sold and more imports bought, > worsening of TOT)

15) C for sure, two accounts = 0

17) A, net foreign is still increasing but at a slower rate. Although i can see B being right too.

thats my reasons...

1. No, the IMF is to smooth out currencies resulting in trade being more reliable. D is 100% the correct answer.

10. Please explain how encouraging people to be employed will increase unemployment.

14. Terms of trade is export/price over import price. I think I just didn't read the question.

that's right, two accounts equal 0 therefore current + Cap&Fin = 0 therefore current account = -Cap&financial. I fucked this but it'a A not C.

Net foreign debt is not increasing, Netforiegn liabilities = net foriegn debt + net foreign equity. Answer is B.

 

[masteraal]

explain.... 15 has to be C, theres no other answer in there that net income could be. unless ommisions are a few million dollars that year!

i explained it before
read first page mate

 

[Acid]

Got 19/20 I think.. w00t!

Fucken misread one of the questions....

 

[username]

well if 17 is b and i agree with you shuter, then i got 16.

 

[disco_dave]

argh im lost... this is moving to quick. 10 i read wrong, shit. i thought employment was increasing down the bottom. my bad

masteraal wheres the first page??

 

[disco_dave]

shit i can see how 15 is a now!! bugger

im staying outta this argument now..... RUN

 

[Shuter]

How bout that the only 2 I got wrong were 14 and 15, I must have been distracted or something, they were just silly silly errors. There was a fucking teacher talking loudly at that point I think.

 

[JoyDivision]

My Answers;

1.D
2.B
3.A
4.C
5.A
6.B
7.B
8.D
9.D
10.D
11.A
12.C
13.D
14.A
15.A
16.D
17.B
18.A
19.C
20.C

I'm not sure if theyre right, 18/20 for me too. Or it could be 19, not sure.

Anyway, one of the deputy principals at school set this test. He was responsible for Short Answer, which I thought, in his words, was 'searching'

Last year the average score on m/c was 15.8 Board Of Studies heard that and went 'No Bloody Way Mate' so they had to make it really hard this year. I have a feeling the average is going to be signifigantly below that this year.

I think its the World Bank thats responsible for lending money etc to poor, developing countries.

 

[nova]

17. is definitly (B)

Year 1 - equity as proportion of foreign liabilities is 60%
Year 2 - equity as proportion of foreign liabilities is 83 1/3%

Therefor answer B - Equity investment as a proportion of foreign liabilities is increasing.

 

[CharlieB]

meh... i think i got 19/20 damn q14

 

[ar5ena1]

surely 17 has to be (B) - how do we know anythign about NET foriegn liabilities, the only statics we have are on foriegn liabilities, there is a major difference, hence the only correct answer is B.

19/20

 

[dancegal]

i got b for 17 too...i thought net foreign debt decreased from 60 to 50 and equity investment increased from 60% to around 80% of foreign liabilities
those mc were soooooo hard..was 14 a or b coz i got b??? if the value of the $ increases doesnt that make our exports more expensive, imports cheaper and therefor a deterioration of terms of trade?

 

[sgt]

looks like 17 must be B......sic 17/20 for me...would 'ave liked 20...ugh i'm losing site of a band 6

 

[disco_dave]

yeah i admit i think i got them all wrong that i thought i got right. SHIT, should have read a few more times...