A Level Economics:

[Asheerah angel]

can u help me sir
discuss whether a mixed economy is the best way for a country to deal with the basic economic problem?(12)

 

[Qamar Baloch]

can u help me sir
discuss whether a mixed economy is the best way for a country to deal with the basic economic problem?(12)

Sure

 

[Qamar Baloch]

I will post it soon keep on watching xpc

 

[Asheerah angel]

discuss whether a mixed economy is the best way for a country to deal with the basic economic problem?(12)

 

[Asheerah angel]

Suppose UK and US are trading partners. There is a fall in the rate of interest in US. Explain the likely effects on the rate of exchange of the pound against the dollar.?

 

[Qamar Baloch]

De

discuss whether a mixed economy is the best way for a country to deal with the basic economic problem?(12)

follow the following steps to answer it.
1. defintion of mixed economy
2. description of basic economic problem of scarcity
3. Advantages of mixed economic system to solve the problem of scarcity
4. Limits of mixed economy to resolve this issue
5. Finally conclude that its impossible to solve the basic economic issue even progress and better economic decisions cannot completely solve this issue
6. Only it can be solved if prices are set to be zero which is never possible again limits to resolve this problem of scarcity.

 

[Qamar Baloch]

De

discuss whether a mixed economy is the best way for a country to deal with the basic economic problem?(12)

follow the following steps to answer it.
1. defintion of mixed economy
2. description of basic economic problem of scarcity
3. Advantages of mixed economic system to solve the problem of scarcity
4. Limits of mixed economy to resolve this issue
5. Finally conclude that its impossible to solve the basic economic issue even progress and better economic decisions cannot completely solve this issue
6. Only it can be solved if prices are set to be zero which is never possible again limits to resolve this problem of scarcity.

 

[Qamar Baloch]

De

discuss whether a mixed economy is the best way for a country to deal with the basic economic problem?(12)

follow the following steps to answer it.
1. defintion of mixed economy
2. description of basic economic problem of scarcity
3. Advantages of mixed economic system to solve the problem of scarcity
4. Limits of mixed economy to resolve this issue
5. Finally conclude that its impossible to solve the basic economic issue even progress and better economic decisions cannot completely solve this issue
6. Only it can be solved if prices are set to be zero which is never possible again limits to resolve this problem of scarcity.

 

[Qamar Baloch]

Suppose UK and US are trading partners. There is a fall in the rate of interest in US. Explain the likely effects on the rate of exchange of the pound against the dollar.?

Interest rate is the main determinant of exchange value of a currency.
1. interest rate and value of currency are directly related to each other.
2. fall in interest rate of Us dollar means demand for US dollars will fall but its supply will rise leading to its depreciation.
3. Now people will try to maintain their accounts in UK pound to earn more interest therefore, demand for pounds will rise and its value will appreciate.
4. Finally we can say that exchange rete of UK pound will appreciate aginst US dollars and US dollar will depreciate against UK pound.

Hope you can evelaute these concepts by using demand and supply diagrams of currencies.
If u feel any difficulty to represent them graphically then do reply to this post.
thanks for ur contrbution to discussion of economics.

 

[Qamar Baloch]

post your doubts here on xpc from today. I will manage my time to solve ur issues.

 

[Asheerah angel]

Can I get some past exams questions on Inflation and Unemployment Paper 4?

 

[AlphaBeta]

giv tips to answer MCQ's

 

[Qamar Baloch]

Can I get some past exams questions on Inflation and Unemployment Paper 4?

OK dear I will post them soon.
However you may check pastpapers as well. Mainly the question on types of unemployment comes in P4 and Inflation comes under the macro economic aims of the government and conflict between them. You may see June 2003 Q7 P4.

 

[Qamar Baloch]

giv tips to answer MCQ's

Dear revise the concepts from chapter and then practice maximum questions from pastpapers. It will help u alot. If you cannot understand the way to evaluate options then post the questions here which are creating problems for u.

 

[Qamar Baloch]

giv tips to answer MCQ's

For further help you may get the following book which is complete solution to the CIE papers with reasoning and solution and calculations.
https://www.facebook.com/maan.asif.5#!/TopicalAsLevelEconomics

 

[Qamar Baloch]

giv tips to answer MCQ's

Follwoing as well
https://www.facebook.com/maan.asif.5#!/pages/AS-Level-Economics-Paper-2/298366393518325

 

[Asheerah angel]

june 2004 paper 2(e) help?

 

[Ahmad Sanad]

June 2010 paper 21 QUESTION 1)A How far does the data in Fig.1 confirm that the normal demand curve relationship
exists between the price and the quantity demanded of cigarettes?

 

[Qamar Baloch]

ye

June 2010 paper 21 QUESTION 1)A How far does the data in Fig.1 confirm that the normal demand curve relationship
exists between the price and the quantity demanded of cigarettes?[/q
yes it shows behavior of normal demand curve except 92, 93 and 2003.

 

[Qamar Baloch]

june 2004 paper 2(e) help?

It is caused by govenemnt action but it is not always the case because inflation may be caused by the consumers due to higher demand (demand pull inflation), may be caused by producers by reduced supply -cost push inflation and it may be caused by govt. monetary inflation.