A2 ECONOMICS: Guess Paper-4

[naheelnisar]

m/j 11 question 10

 

[queensunflower]

m/j 11 question 10

which variant?

 

[naheelnisar]

which variant?

32

 

[naheelnisar]

max price is used for saving consumers or producers ?

 

[queensunflower]

max price is used for saving consumers or producers ?

always remember this, maximum price is set below the equilibrium price. thus consumers will benefit from lower prices.

 

[naheelnisar]

always remember this, maximum price is set below the equilibrium price. thus consumers will benefit from lower prices.

so that means its only for consumers ?

 

[queensunflower]

32

remember that deadweight loss will always have a triangular shape. first the deadweight loss was x+y+z. by imposing tax, the new deadweight loss is z. thus the deadweight loss is reduced by x+y. A is the answer.

 

[queensunflower]

so that means its only for consumers ?

yes. minimum price is the one which will benefit producers as it is set above the equilibrium price.

 

[naheelnisar]

yes. minimum price is the one which will benefit producers as it is set above the equilibrium price.

thanku

 

[queensunflower]

thanku

u r welcome

 

[naheelnisar]

m/j 11 questn 33

 

[queensunflower]

m/j 11 questn 33

which question?

 

[naheelnisar]

which question?

srry srry 13

 

[WaleedUQ]

guys give your mind a break
have a sleep

 

[naheelnisar]

guys give your mind a break
have a sleep

last ppr hai parhlengay acha hai

 

[queensunflower]

srry srry 13

the formula for GNP at market price is equal to private consumption add government consumption add gross investment add exports less imports. a deficit in the current account means that imports is more than exports. now if u use this formula u will see that u will get a negative answer for year 2 and 3. therefore A is the answer.

 

[naheelnisar]

the formula for GNP at market price is equal to private consumption add government consumption add gross investment add exports less imports. a deficit in the current account means that imports is more than exports. now if u use this formula u will see that u will get a negative answer for year 2 and 3. therefore A is the answer.

where exports n imports ? :s

 

[queensunflower]

where exports n imports ? :s

it is not given. in the formula u substitite with what is given. the answer u get is the difference between exports and imports. when the answer is negative, imports is more than exports thus it is a current account deficit.

 

[naheelnisar]

o/n 10 question 2

 

[Qamar Baloch]

hi dear students. How did your exam go?
I hope all of you have done very well in the paper. Give your remarks here. Thank you.