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Multiple choice answers right here.. (2 Viewers)

username

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Rang up a teacher, he hadn't done the proper calculations but his answers were:

1. d
2.B
3 a
4c
5a
6b
7b
8d
9d
10d
11c
12b
13d
14a
15a
16d
17a
18a
19c
20c
 
Last edited:
S

Shuter

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username said:
Rang up a teacher, he hadn't done the proper calculations but his answers were:

1. A
2.B
3 a
4c
5a
6b
7b
8d
9d
10d
11c
12b
13d
14a
15a
16d
17a
18a
19c
20c
1 is definatly d.
14 I got b because I'm an idiot.
15 I got C
17 I got b
 

disco_dave

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Shuter said:
1 is definatly d.
for 7 I got b.
14 I got b because I'm an idiot.
15 I got C
17 I got b
i reckon 1 is C dude, the official definition for IMF is:

is primiarlily responceably for lending funds to countries which experience short term BOP problems.

gotta be C
 

masteraal

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make that 3 wrong

17 B is what i said too

15 is definately not C its A 16+2+X=-30 therefore x=-48

i stupidly said 14b instead of a
RETARD!!!
 

username

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Nopes, the aim of the imf is to maintain financial stability in exchange rates etc.
 

username

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Yer i rekon 14 tricked a lot of people. I got that bloody feature of a decentralised wage system wrong. It was the same q in 2002 and i still believed that a was the answer, grrr im an idiot.
 

masteraal

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still good mate :)
good work
im soo retarded whne it came to Q 5
IDIOT i said C coz i thought eco g was 5%...but then i looked at U/E rate and went...i have no fucking idea so i said C....IDIOT!!!
 

username

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I thought 17 would have been b and 20 a. Whats everyones consensus on 17, and what does the capital account consist of.
 

username

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Also how is q 5 A??? i worked eco growth out to something more than zero.
 

disco_dave

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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...
 

v-tech

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that multiple choice was the easiest that ive seen ever for economics
and i wrote 20 pages for extended response... ill b suprised if i dont atleast get a band 6 result.... UAI 99.3 here i come!!
 

prusso

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i thought 17 was a

20 is c

capital account is bullshit, its financial account :p

fkn 13.20 :mad:
 

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