• Best of luck to the class of 2019 for their HSC exams. You got this!
    Let us know your thoughts on the HSC exams here

Section II : Short Answer (1 Viewer)

Joined
Sep 9, 2005
Messages
196
Location
Kenso
Gender
Male
HSC
2006
Riviet said:
Sweet! 2 marks in the bag for guessing correctly that factor/product markets question. :D
haha same

for the question
"Explain how fiscal pol. coudl be used by govt to reduce a deficit on the current account."

is the correct response something like
federal budget > increases taxation and comany tax > make industries more efficient and allocate resources to areas to gain more exports than imports...or something

i dunno.....i fudged the whole thing pretty much....
and the essays i just waffled shit...had no idea where i was going
 

kazamak

New Member
Joined
May 11, 2005
Messages
1
Location
Wahroonga
Gender
Male
HSC
2006
hey with the unemployment question about the two groups of the economy, was it asking for the groups with the lowest unemployment level, or highest unemployment level?
 

sideshowtim

Member
Joined
Aug 2, 2006
Messages
214
Gender
Male
HSC
2006
kazamak said:
hey with the unemployment question about the two groups of the economy, was it asking for the groups with the lowest unemployment level, or highest unemployment level?
i interpreted it as groups with highest unemployment level.

i did young people and indigenous australians. my one for indegenous australians came off sounding a little racist...lol...i didn't mean for it to sound like that. i spoke about alcoholism and the cycle of poverty.
 

jackal8

Member
Joined
Jan 31, 2005
Messages
74
Gender
Male
HSC
2006
I knew factor market because oy last years teacher constantly drilling

land, labour, capital and enterprise


product market i wasn't sure of and just put

The product market is the market in which a specific product is sold.
lol. The i wrote it out and was like "=S"!!! Both word used to construct the definition, i think the term 'finished goods' had to be used.
 

Users Who Are Viewing This Thread (Users: 0, Guests: 1)

Top