every students markWhat determines the cut-off for a band 6?
i found the multiple choice quite easy and the essays quite hard :/yep, even though essays were easier than last year, short answers about the same, i think the harder multiple choice more than made up for that
hehe no way~!! i had like, an hour and ten minutes for both essays cos the short answer was so easyi found the multiple choice quite easy and the essays quite hard :/
The exchange rate question was backwards and the monetary question had so much to say in so little time !
I soo agree with you..
I done exchange essay first (1 hour)
I done monetary policy ... But 1 hour wasn't enough for me to say how impacts u/e and conclude it
for monetary since the essay was what is the impact of MP on inflation and u/e.
I talked about inflationary trends , how Exchange settlement accounts work (step by step took a lot of time) and how this in turn affects (tightening and loosening) the economy,
After that I had like 2 minutes
So I quickly stated NAIRU , drew Philips curve and in sentence said that micro policy has to be used to reduce NAIRU in order lower supply inflation
So hopefully I get 15/20 .... Not too sure only 5 pages :/