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Section I - Multiple Choice (1 Viewer)

saints123

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what were the options for question 2 i didnt get to take the paper
 

saints123

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the subsidy was 2 dollars my teacher worked it out after the exam
 

manu1984

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A. reduce number of rewards
B. replace enterprise agreement
C. reduce min wage
D. remove safety net
 

User12

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You are a deadshit, the value of the subsidy is given by the vertical distance between the supply curves.
LOL thought so, was abit confused with what the other bloke said
 

jt9531

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what did everyone get for Q17..
was it the foreign currency in terms of aus or the aus in terms of foreign?
it took me a while....
 

paddydbarry

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Another "tricky" one that tricked lots in my class the the Equilibrium of Income question.

They balanced but as exports where higher or (lower??) i'm pretty sure the answer was B
 

reflectia

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/facepalm

guize, over complicating it. it's just the vertical distance between the change in supply curve.
ie. subsidy is $2
 

littleremedy

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hey if anyones teachers have worked out the answers- do you guy minds posting it onto here?
 

choiyokbao

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so was Q18 simply just $2...? no fancy crap/working out required??? if so DAMNNN
 

osak23

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budget surplus B
\was question 2 A?

WAS Q3 B...?

AND FARKEN READ EXCHANGE RATE WRONG SO YEH GOT C BUT ITS RONG
 

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